Privacy policy
Last updated November 9, 2026
Here’s what Penny stores and how your information is used.
What we collect
Penny stores your account details and the financial information you add, including transactions, categories, notes, shared expenses, and import history. If you join the waitlist, we use your email to manage invitations.
How your data is stored
Your saved records are stored online and linked to your account. Your browser remembers your sign-in session. Your saved records remain in your account after you sign out or clear browser data. Keep the tab open if changes have not finished saving.
Statement imports and AI
Statement files stay on your device and are read in your browser. Imported rows and upload history may be saved to your account, including rows you exclude or leave unresolved.
When you approve an import, transaction descriptions and merchant suggestions may be shared with Google Gemini to identify businesses. Descriptions can contain personal information. Separate amounts, dates, and account-holder fields are not sent for this lookup.
Services we use
We use service providers to run Penny, store records, manage sign-in, process waitlist submissions, and identify merchants. They receive the information needed to provide those services and may collect connection details such as your IP address and browser type.
Deleting your information
Saved records remain until removed. Purchases stay recoverable in Deleted transactions until you choose Delete forever. Related import history and saved merchant details are retained separately.
Open Settings → Profile & account → Delete account to permanently remove your account and saved Penny data, including purchases, categories, shared expenses, import history, and merchant records. Enter your current password and type DELETE to confirm. Anonymous monthly service usage totals remain without your account identifier. Original statement files on your device are not deleted. Copies in service logs or backups may remain under the providers’ retention schedules. For removal from the waitlist or help with your data, contact the person who invited you.