Privacy Policy for DevoFin
Effective Date: 09/09/2025
Introduction
DevoFin (“App”) is developed and operated by Devotrend IT Private Limited (“Company”, “we”, “our”, or “us”). This Privacy Policy explains how we collect, use, and protect your information when you use the DevoFin mobile application.
By using DevoFin, you agree to the terms of this Privacy Policy.
1. Overview
DevoFin is a smart expense tracking application that automatically detects financial transactions from SMS messages on your device. The app is designed with a privacy-first approach, ensuring that your data remains secure and under your control.
2. Information We Collect
DevoFin does not collect or store personal data on external servers. All processing is performed locally on your device.
However, to provide core functionality, the app may access the following:
a. SMS Data
With your explicit permission, DevoFin reads transactional SMS messages sent by banks and financial institutions to detect expenses and income.
- Only transactional messages are processed
- Personal or unrelated messages are not accessed or stored externally
- SMS data never leaves your device
b. Device Information
Basic device-level information such as device model, OS version, and app usage may be collected locally to improve app performance and stability.
c. Optional Information
If you choose to contact support or use optional features, you may provide details such as email address. This information is used only for communication purposes.
3. How We Use Information
The accessed information is used strictly for:
- Detecting and tracking financial transactions
- Categorizing expenses automatically
- Providing analytics and insights
- Sending bill reminders and notifications
- Improving app performance and user experience
4. Data Storage and Security
- All data is stored locally on your device
- No financial or SMS data is uploaded to any server
- We implement reasonable security practices to protect your data
5. Permissions
DevoFin requests only the necessary permissions required for functionality:
- SMS Permission: To read transactional messages for expense tracking
- Notification Access (Optional): To enhance tracking from app notifications
- Storage (if applicable): For backup or export features
You can deny or revoke permissions at any time, though some features may not function properly.
6. Data Sharing
We do not sell, rent, or share your personal or financial data with any third parties.
Data may only be disclosed if required by law or to comply with legal obligations.
7. User Control
You have full control over your data:
- You can revoke permissions anytime
- You can stop data collection by uninstalling the app
- All stored data remains on your device
8. Children’s Privacy
DevoFin is not intended for use by children under the age of 13. We do not knowingly collect data from children.
9. Changes to This Policy
We may update this Privacy Policy from time to time. Any updates will be reflected with a revised effective date. Continued use of the app constitutes acceptance of the updated policy.
10. Contact Us
If you have any questions or concerns regarding this Privacy Policy, you can contact us:
Devotrend IT Private Limited
Contact Information
If you have any questions or concerns regarding this privacy policy, please contact us at:
Email: contact@devotrend.com Website: www.devotrend.com