Privacy Policy

Last updated: February 11, 2026

1. Information We Collect

IOU collects the following information to provide our bill-splitting services:

• Account Information: Name, email address, and phone number
• Venmo Integration: Venmo username and venmo profile picture
• Expense Data: Receipt images, expense details, and transaction information
• Contact Information: Contact list access (with your permission) to easily add friends to expenses

2. How We Use Your Information

We use your information to:

• Process expense informations
• Scan and parse receipts
• Facilitate payment settlements through Venmo
• Send notifications about expense updates and payment requests
• Maintain and secure your account

3. Data Sharing

We do not sell your personal information. We share data with:

• Other Users: Expense information with users you add to shared expenses
• Venmo: Only when you initiate a payment through our app
• Service Providers: Cloud hosting through Goodle Cloud

4. Data Security

We implement industry-standard security measures to protect your data, including encryption in transit and at rest.

5. Your Rights

You have the right to:

• Request deletion of your account and data
• Opt out of non-essential communications
• Revoke contact list access at any time

6. Data Retention

We retain your expense data for as long as your account is active. You may delete individual expenses or your entire account at any time through the app settings.

7. 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 via email.

8. Contact Us

If you have questions about this Privacy Policy, please contact us at support@tryiou.com