Privacy Policy

Last updated: June 28, 2026

1. Who We Are

Monbark is operated by MONBARK LLC, a Michigan limited liability company ("Company," "we," "us," or "our"). We provide a personal finance application that helps users understand their financial runway.

If you have questions about this policy, contact us at: support@monbark.com

2. Information We Collect

Account Information: When you create an account, we collect your email address and password (encrypted), or authentication credentials if you sign in with Apple.

Financial Data: With your explicit authorization, we connect to your bank accounts through Plaid Inc., a third-party bank connectivity provider. We collect:

• Account balances and account identifiers
• Transaction history (description, amount, date, category)
• Account type and institution name

This access is strictly read-only. We can never initiate transfers, payments, or any movement of your money.

Usage Data: We collect information about how you use the app, including features accessed, session duration, and crash reports, to improve the service.

Device Information: Device type, operating system version, and unique device identifiers for app functionality and security purposes.

Onboarding Responses: Answers you provide during onboarding (financial situation, goals, stress level) to personalize your experience. This is optional and you may skip these questions.

3. How We Use Your Information

We use your information to:

• Calculate and display your financial runway
• Show your safe-to-spend amount each day
• Detect recurring bills and subscriptions automatically
• Power the Runway Challenge, Advisor chat, and Plan budgeting features
• Deliver your morning brief with runway updates and spending insights
• Send push notifications about bill and subscription alerts (with your permission)
• Improve and maintain the app
• Prevent fraud and ensure security
• Comply with legal obligations

We do not use your financial data to train AI models for third parties, sell to data brokers, or share with advertisers.

4. How We Share Your Information

We do not sell your personal information. We share data only in these limited circumstances:

Service Providers: We use the following trusted third-party services:

• Plaid Inc. — Bank connectivity and transaction data (read-only)
• Supabase — Secure database and authentication infrastructure
• Anthropic (Claude) — AI features including Advisor, Plan builder, and bill categorization (see below)
• RevenueCat — Subscription management
• Apple — Push notifications and App Store payments

Anthropic (Claude): Powers AI features across Monbark. Depending on which features you use, we may send data to Anthropic as follows:

• Advisor, recovery plan, and survival plan — Your financial context to generate a response: runway, account balances, daily burn rate, monthly income and spending, top spending categories, upcoming bill names and amounts, and the questions you type. This may include recent transaction descriptions.
• Plan builder — The messages you type when creating trip or expense budgets.
• Bill and subscription detection during bank sync — Recent transaction descriptions and amounts (for example, merchant name and recurring monthly amount) to automatically categorize bills and subscriptions.

We do not send your name, email, bank login, or account identifiers. Anthropic processes this data only to generate a result and does not use it to train their models. You can turn AI features off in the app; when they are off, no data is sent to Anthropic, and bill categorization uses non-AI logic instead.

All service providers are contractually obligated to protect your data and may only use it to provide services to us.

Legal Requirements: We may disclose your information if required by law, court order, or government authority, or to protect the rights and safety of our users or the public.

Business Transfers: If Monbark is acquired or merges with another company, your data may be transferred. We will notify you before this happens and your data will remain subject to this policy.

5. Data Security

We implement industry-standard security measures including:

• 256-bit AES encryption for data at rest
• TLS 1.3 encryption for all data in transit
• Secure authentication via Supabase with JWT tokens
• Regular security audits and monitoring
• Limited employee access to personal data on a need-to-know basis

Your bank credentials are never stored by Monbark. We store only an access token provided by Plaid after you authorize the connection.

6. Data Retention

We retain your data for as long as your account is active. If you delete your account, we will delete your personal data within 30 days, except where retention is required by law.

Transaction data synced from your bank is retained for up to 12 months to power historical insights. You may request earlier deletion at any time.

7. Your Rights

You have the right to:

• Access — Request a copy of all data we hold about you
• Correction — Request correction of inaccurate data
• Deletion — Request deletion of your account and all associated data
• Portability — Request your data in a machine-readable format
• Opt-out — Disconnect your bank at any time through the app settings
• Notification preferences — Manage push notifications in your device settings

To exercise any of these rights, contact us at support@monbark.com. We will respond within 30 days.

8. Children's Privacy

Monbark is not directed at anyone under the age of 18. We do not knowingly collect personal information from anyone under 18. If we become aware that a person under 18 has provided us with personal information, we will delete it immediately.

9. California Privacy Rights (CCPA)

California residents have additional rights under the California Consumer Privacy Act (CCPA), including the right to know what personal information is collected, the right to delete personal information, and the right to opt-out of the sale of personal information. We do not sell personal information. To exercise your California privacy rights, contact us at support@monbark.com.

10. Changes to This Policy

We may update this Privacy Policy from time to time. We will notify you of significant changes through the app or by email at least 30 days before the change takes effect. Your continued use of Monbark after the effective date constitutes acceptance of the updated policy.

11. Contact Us

If you have questions, concerns, or requests regarding this Privacy Policy or your personal data:

• Email: support@monbark.com
• Company: MONBARK LLC
• State of incorporation: Michigan, USA