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Wealix

Privacy Policy

Last updated: March 17, 2025

1. Introduction

Welcome to Wealix ("we," "our," or "us"). We are committed to protecting your personal information and your right to privacy. This Privacy Policy explains how we collect, use, disclose, and safeguard your information when you use our personal finance and wealth management platform.

2. Information We Collect

Personal Information

We collect information that you provide directly to us, including:

  • Name and email address
  • Account credentials (password, securely encrypted)
  • Financial data (income, expenses, investments, assets, liabilities)
  • Profile preferences and settings
  • Communication preferences

Automatically Collected Information

When you use our service, we automatically collect:

  • Device information (type, operating system, browser)
  • Log data (IP address, access times, pages viewed)
  • Usage analytics (features used, interactions)
  • Cookies and similar tracking technologies

3. How We Use Your Information

We use the information we collect to:

  • Provide, maintain, and improve our services
  • Process transactions and send related information
  • Send technical notices and support messages
  • Respond to your comments and questions
  • Provide personalized financial insights and recommendations
  • Detect and prevent fraud and abuse
  • Comply with legal obligations

4. Data Security

We implement industry-standard security measures to protect your data, including:

  • End-to-end encryption for data transmission
  • AES-256 encryption for data at rest
  • Regular security audits and penetration testing
  • Multi-factor authentication options
  • Secure data centers with 24/7 monitoring

5. Data Sharing and Disclosure

We do not sell your personal information. We may share your information only in the following circumstances:

  • With your explicit consent
  • With service providers who assist in our operations
  • To comply with legal obligations
  • To protect our rights and the safety of users
  • In connection with a merger, acquisition, or sale of assets

6. Your Rights and Choices

Depending on your location, you may have the following rights:

  • Access: Request a copy of your personal data
  • Correction: Request correction of inaccurate data
  • Deletion: Request deletion of your data
  • Portability: Receive your data in a portable format
  • Objection: Object to certain processing activities
  • Withdrawal: Withdraw consent at any time

7. Data Retention

We retain your personal information for as long as your account is active or as needed to provide services. You can request deletion of your account and associated data at any time through your account settings or by contacting us.

8. International Data Transfers

Your information may be transferred to and processed in countries other than your own. We ensure appropriate safeguards are in place to protect your data in compliance with applicable data protection laws.

9. Children's Privacy

Our service is not intended for individuals under 18 years of age. We do not knowingly collect personal information from children. If we become aware of such collection, we will take steps to delete the information.

10. Changes to This Policy

We may update this Privacy Policy from time to time. We will notify you of any changes by posting the new Privacy Policy on this page and updating the "Last updated" date.

11. Contact Us

If you have any questions about this Privacy Policy, please contact us:

  • Email: privacy@wealix.app
  • Address: Riyadh, Kingdom of Saudi Arabia
  • Contact Form