™Last Updated: September 23, 2026
VelaMoney ("VelaMoney," "we," "our," or "us") is a budgeting application operated by Peter C. Fuller Inc. This Privacy Policy explains how we collect, use, share, and protect information when you use the VelaMoney application and related services (the "Service").
By creating an account or using the Service, you agree to the practices described in this Privacy Policy.
1. Information We Collect
1.1 Account Information
- Name and email address
- Mobile phone number (used for budget alerts and two-step verification)
- Account preferences and settings, including notification choices
1.2 Financial Information
To provide budgeting functionality, we collect and store:
- Transaction details: merchant name, amount, date, and the account or card identifier you provide (such as the last four digits of a card)
- Budget and category information you enter or import, including income and expense amounts
- Beginning cash balances and forecast figures you enter
We never collect or store full bank account numbers, bank login credentials, or online banking passwords.
1.3 Information from Connected Services
Bank transaction feeds. Transactions may reach the Service through an automation service (such as Zapier) that you configure, or through Plaid if you choose to link a bank account directly.
Google Sheets. If you import a budget from Google Sheets, we read only the spreadsheet ranges you select, only at the moment you run the import. We do not retain ongoing access to your Google account.
1.4 Automatically Collected Technical Information
- Device type, browser, and operating system
- IP address (for security and fraud prevention)
- Usage metrics, error logs, and diagnostic data
2. Financial Data and Plaid
If you choose to connect a bank account through Plaid Inc. ("Plaid"), the information we receive from your financial institution (such as account name, transaction history, and balances) is collected and transmitted to us by Plaid. Plaid's collection, use, and protection of your information is governed by the Plaid End User Privacy Policy.
We use information received through Plaid only to:
- Display and categorize your transactions
- Compare spending against your budgets
- Generate forecasts and alerts you have configured
We do not sell financial information, use it for advertising, or share it with anyone other than the service providers described in Section 4. You may disconnect a linked bank account at any time, after which we stop receiving new data for that account.
3. How We Use Information
- Provide budgeting, categorization, forecasting, and alerting functionality
- Send text-message alerts and summaries you have enabled (via Twilio)
- Send verification codes for two-step verification
- Maintain secure user accounts and prevent fraud and abuse
- Improve service performance and reliability
- Comply with legal obligations
We do not sell personal data. We do not use personal or financial data for advertising.
4. Service Providers
We share information only with the providers needed to operate the Service, and only to the extent necessary:
- Cloud hosting and database (Lovable Cloud / Supabase) — stores account and budget data, encrypted in transit and at rest.
- Plaid — bank account linking and transaction retrieval (if you enable it).
- Zapier — delivery of bank transactions you route to the Service through your own Zapier configuration.
- Twilio — delivery of text-message alerts and verification codes to the mobile number you provide.
- AI model providers — merchant names and transaction amounts are processed by AI models to suggest categories and budget recommendations. These providers are contractually restricted from using your data to train public or shared models.
Each provider is bound by its own security and confidentiality obligations and may process data only to deliver its service to us.
5. AI Processing
When transactions are categorized or recommendations are generated, relevant transaction details (merchant, amount, category) are processed by AI models. AI-processed data is not sold, is not used for advertising, and is not used to train public AI models.
6. Data Retention and Deletion
- Account, budget, and transaction data is retained while your account is active.
- Text-message verification codes expire within 10 minutes and are deleted after use or expiry.
- Server logs are retained for a limited period for security and reliability purposes.
You may request deletion of your account and associated data at any time by contacting operations@petercfuller.com with the subject line "Data Deletion Request." Verified deletion requests are completed within 30 days, except where law requires retention.
7. Data Security
We protect information with administrative, technical, and organizational safeguards, including:
- Encryption in transit (TLS 1.2 or higher) and encryption at rest
- Row-level isolation so each account can access only its own data
- Least-privilege access controls for production systems
- Optional two-step verification (text message or authenticator app)
- Automated vulnerability scanning of the application and its dependencies
No system is completely secure, but we actively monitor and maintain these protections.
8. International Data Transfers
Information may be processed in data centers outside your country of residence. Where required, appropriate safeguards are implemented.
8a. Business Transfers
In the event of a merger, acquisition, corporate reorganization, asset sale, or transition of the VelaMoney service to a successor entity, user information and transaction records may be securely transferred as a business asset, subject to the recipient agreeing to uphold the privacy commitments established in this Policy.
9. Children's Privacy
The Service is not intended for children under 13, and we do not knowingly collect data from children.
10. Your Rights
Depending on your jurisdiction, you may have rights to access, correct, delete, or export your personal data, and to withdraw consent. Submit requests to operations@petercfuller.com.
11. Changes to This Policy
We may update this Privacy Policy from time to time. Updates will be posted on this page with a revised "Last updated" date. Continued use of the Service constitutes acceptance of the updated policy.
12. Contact
Peter C. Fuller Inc
VelaMoney
Email: operations@petercfuller.com