Privacy Policy

1. Introduction

Klip AI (“we,” “our,” or “us”) is committed to protecting your privacy. This Privacy Policy explains how we collect, use, disclose, and safeguard your information when you use our decentralized wallet and AI-powered financial services.

By using Klip AI, you agree to the collection and use of information in accordance with this policy.

2. Information We Collect

2.1 Personal Information

• Username and profile information
• Email address (if provided)
• Wallet addresses and transaction data
• Device information and IP addresses

2.2 Usage Information

• Transaction history and patterns
• Feature usage and preferences
• Error logs and performance data
• AI receipt analysis data
• AI Chat conversations, together with the wallet information sent with them (described in Section 5)

2.3 Blockchain Data

Since Klip AI is a decentralized wallet, certain transaction data is publicly available on the blockchain. We do not control this data, but we may process it to provide our services.

3. How We Use Your Information

• Provide and maintain our wallet services
• Process transactions and payments
• Generate AI-powered insights, receipts, and AI Chat responses, which involves sharing certain wallet information with third-party AI providers as described in Section 5
• Improve our services and user experience
• Ensure security and prevent fraud
• Comply with legal obligations
• Send important updates and notifications

4. Information Sharing and Disclosure

We do not sell, trade, or rent your personal information to third parties. We may share your information in the following circumstances:

• With your explicit consent
• To comply with legal requirements
• To protect our rights and safety
• With service providers who assist in our operations
• In connection with a business transfer or merger
• With third-party AI providers, as described in Section 5, and only after you have given explicit permission in the app

5. AI Features and Third-Party AI Providers

Klip AI includes an AI Chat assistant that answers questions about your wallet, your transactions, and your portfolio. Generating those answers requires us to send certain information from your device to third-party AI providers. We ask for your explicit permission in the app before any of this information is sent, and you can withdraw that permission at any time in Settings → Preferences → AI Chat. If you do not give permission, or if you withdraw it, AI Chat does not function and none of this information is transmitted.

What we send

When you send a message in AI Chat, we transmit the following:

• the message you type, and recent messages in the same conversation;
• your wallet addresses, including your active address and your EVM and Solana addresses;
• your Klip AI account identifier;
• the blockchain network you are currently using, and your selected AI response style;
• your balance on that network and its approximate value in USD;
• your ten most recent transactions, including the amount, direction, and transaction hash of each;
• your total portfolio value and its breakdown by chain;
• a spending summary derived from your fifty most recent outgoing transactions.

How we collect it

This information is read from your device at the moment you send a message in AI Chat. Balances, transaction history and portfolio values are derived from public blockchain data associated with your wallet addresses and from information already held within the app. We do not collect this information in the background; it is assembled only when you actively use AI Chat.

Who receives it

The information above is transmitted through our own servers to the following third-party AI providers:

• Moralis (Cortex AI) — our primary AI provider. Moralis processes your question together with the information above in order to generate a response.
• Google (Gemini API) — our fallback AI provider. Google processes the same information when Moralis is unavailable, so that your question still receives an answer.

How this information is used

This information is used solely to generate a response to your question within AI Chat. It is not used for advertising, and it is not sold or rented to anyone. Neither provider uses the information we send for training their AI models.

Third-party protection

We have agreements in place with Moralis and Google that require them to provide protections for this information equivalent to those set out in this Privacy Policy, to process it only on our instructions and only for the purpose of generating your response, and not to use it for any other purpose.

What we never send

We never transmit your seed phrase, your private keys, your PIN or passcode, or your biometric data to any AI provider or to any other third party. These remain on your device at all times and are never accessible to us or to our providers.

Your control

You can withdraw your permission at any time in Settings → Preferences → AI Chat, which stops all further sharing immediately. You can also clear your stored AI Chat conversation history from the same screen.

6. Data Security

We implement appropriate technical and organizational measures to protect your information:

• End-to-end encryption for sensitive data
• Secure key management practices
• Regular security audits and updates
• Access controls and authentication
• Data backup and recovery procedures

However, no method of transmission over the internet is 100% secure. You are responsible for keeping your private keys and credentials safe.

7. Your Rights and Choices

You have the following rights regarding your personal information:

• Access and review your personal data
• Request correction of inaccurate information
• Request deletion of your personal data
• Object to processing of your data
• Data portability
• Withdraw consent at any time

8. Data Retention

We retain your personal information for as long as necessary to provide our services and comply with legal obligations. Transaction data on the blockchain is permanent and cannot be deleted.

Information sent to our third-party AI providers for AI Chat is retained by them for [PERIOD] and by us for [PERIOD], after which it is deleted. Your AI Chat conversation history is stored on your own device and can be cleared at any time in Settings → Preferences → AI Chat.

9. International Data Transfers

Your information may be transferred to and processed in countries other than your own. We ensure appropriate safeguards are in place to protect your data in accordance with this Privacy Policy.

10. Children's Privacy

Klip AI is not intended for children under 18 years of age. We do not knowingly collect personal information from children under 18. If you are a parent or guardian and believe your child has provided us with personal information, please contact us.

11. Changes to This Privacy Policy

We may update this Privacy Policy from time to time. We will notify you of any changes by posting the new Privacy Policy on this page and updating the “Last updated” date.

12. Contact Us

If you have any questions about this Privacy Policy or our data practices, please contact us: