Meet Penny, the App That Keeps Your Finances in Check

Privacy Policy

I. Overview

MULA AI CORP. collects personal information to make MULAH better for you. We strongly believe in protecting this information and your privacy. If you have any questions about the terms below, please reach out to us at privacy@mulah.ai.

Take note that using MULAH indicates consent to this Privacy Policy. If you do not agree to any of the terms, please do not use MULAH or provide any of your information.

This Privacy Policy does not apply to any third-party providers or services.

Our services are not directed to children under 13 years old (or other applicable law), and so we do not knowingly collect personal information from children.

II. Scope

User Community
Allows sharing of aggregated data insights relevant (ie. “You spend 10% more on groceries than people similar to you.”) to help you understand your financial behavior
Analytical Researchers in the Company
Personally unidentifiable transaction information is analyzed and labeled to provide you personalized actionable insights. (ie. “Be wary of your water bills since the weather is getting warmer this summer.”)

II. Scope

User Community
Allows sharing of aggregated data insights relevant (ie. “You spend 10% more on groceries than people similar to you.”) to help you understand your financial behavior
Analytical Researchers in the Company
Personally unidentifiable transaction information is analyzed and labeled to provide you personalized actionable insights. (ie. “Be wary of your water bills since the weather is getting warmer this summer.”)

II. Scope

User Community
Allows sharing of aggregated data insights relevant (ie. “You spend 10% more on groceries than people similar to you.”) to help you understand your financial behavior
Analytical Researchers in the Company
Personally unidentifiable transaction information is analyzed and labeled to provide you personalized actionable insights. (ie. “Be wary of your water bills since the weather is getting warmer this summer.”)

II. Scope

III. Data Provided

This section indicates information about the data that we collect and why we collect it.

A. Information Given to Us

Account Information
Allows recovery of your account data if you switch devices
1. Name & Email Address
  Allows receiving customized emails from us regarding updates, new features, and legal notices
2. Phone Number
  Allows verification of account upon log-in
3. Password
  Allows verification of account in case log-in credentials are lost

Demographics (i.e.. date of birth, gender)
Allows grouping into peer groups so we can understand your finances in the context of users like you

B. Information Collected

Usage Information (i.e. device used)
Allows MULAH to be optimized for your device
Entry Details (i.e.. transaction details, bill details)
Allows data aggregation and prediction
Cookies
Allows us to understand your user experience by seeing how and when you interact with our services (deleted after every log-off)

IV. Transparency

This section indicates information about the data that we collect and why we collect it.

A. Who Can See Your Data

User Community
Allows sharing of aggregated data insights relevant (ie. “You spend 10% more on groceries than people similar to you.”) to help you understand your financial behavior
Analytical Researchers in the Company
Personally unidentifiable transaction information is analyzed and labeled to provide you personalized actionable insights. (ie. “Be wary of your water bills since the weather is getting warmer this summer.”)

We do not sell your information to anybody. PERIOD. Your data is run through a process that aggregates and anonymizes it automatically. This means your data cannot be connected with any of your personally identifiable details.

B. Who Cannot See Your Data

MULA AI CORP. Non-Researcher Employees & System Administrators
Advertisers and Marketers
Banks and Institutions Selling Financial Products

C. Acquisitions

All information mentioned is treated as a business asset. If MULAH or our assets are acquired by a third party as a result of a merger, acquisition, asset sale, or anything similar, some or all of MULA AI CORP.’s assets may be disclosed to the acquirer.

V. Security

This section explains how and where your data is stored and secured.

A. Data Storage

Your information is stored in a secure data center that adheres to global safety standards, as well as on your device. Through the app, you have the capability to recover and export your data with ease.

B. Data Encryption

Your information is encrypted during transfer over the Internet and also when stored on our servers. Our servers are hosted in secure facilities with stringent physical and electronic safety measures to protect against unauthorized access.

C. Data Protection

We make sure to meet industry standards to protect and safeguard your data.

D. Changes to Security

All of our users will be notified as soon as possible if there are any changes to this Privacy Policy that significantly changes or reduces their rights.

E. Retention

Once your MULAH account is deleted, MULA AI CORP. will take all necessary steps to delete your information.

We will also actively reach out to you to inform you that you haven’t used the app in a while and protect you by deleting your data from our servers in 6 months of no usage.

VI. Feedback

If you see any bugs or vulnerabilities in our systems, please let us know through privacy@mulah.ai

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