Last Updated: March 18, 2025
We collect various types of information from you, including:
This information is processed on the legal basis of fulfilling our contractual obligations, pursuing legitimate interests (such as improving our services and ensuring security), and meeting legal obligations under tax and financial regulations.
Data you provide during account setup is used for verification and to personalize your experience, while financial data is processed and securely stored using AWS services for analysis and reporting.
Additionally, LynxLedger integrates with accounting software such as Xero and MYOB to facilitate financial management, and we comply with all relevant financial regulations.
Our platform also utilizes large language models—including GPT and Groq—to generate advanced financial insights, with an option to opt out of AI training where specified in our pricing plans.
Secure Data Storage with AWS:
We store your data securely using Amazon Web Services (AWS), a leading cloud service provider renowned for its robust security measures and industry compliance. While your data is hosted on AWS, it is managed exclusively by us—AWS is solely utilized as a secure storage solution, and your data is not used for any other purposes or shared with third parties.
Optional Integration with Xero:
Our platform offers an optional feature that allows you to push your data to Xero, a third-party accounting software, entirely at your discretion. When you choose to use this feature, your data is transferred to Xero, and any further processing is governed by Xero’s privacy policy. We encourage you to review Xero’s privacy policy to understand how your data will be managed once transferred.
Commitment to Your Privacy:
Your privacy and data security are of paramount importance to us. All data handling—whether internally or through optional third-party integrations—is performed in strict accordance with robust security protocols and relevant legal requirements.
We take your privacy seriously and will not share your personal data with any third parties without your explicit consent. Any data sharing beyond our secure internal processes is entirely under your control.
Optional Third-Party Integrations:
Our platform offers optional features, such as the ability to push your data to Xero for accounting purposes. By enabling such features, you explicitly authorize the transfer of the selected data to Xero, and you acknowledge that Xero’s privacy policy will govern its use of your information. If you choose not to use these integrations, no data will be shared.
Your Control Over Data Sharing:
You can enable or disable any third-party integration at any time through your account settings. Should you decide to revoke consent, any further sharing of your data will be halted immediately, although data already transferred may remain subject to the policies of the receiving third party.
Secure Data Handling:
All data sharing occurs via secure channels and with providers that adhere to strict data protection standards. However, no data is shared unless you explicitly opt into these services.
At LynxLedger, the safeguarding of your Personal Information is a paramount concern. We employ robust security measures and commercially reasonable safeguards to protect your data against unauthorized access, alteration, disclosure, or destruction.
Our comprehensive security protocols include encryption of data during transmission and at rest, strict access controls, and regular security audits and vulnerability testing. We utilize AWS Cognito for secure user authentication, ensuring that passwords and tokens are managed safely.
In addition, our security framework incorporates multi-tenant data isolation safeguards, incident response procedures, and disaster recovery plans—featuring regular data backups and defined recovery time objectives—to ensure that your information remains protected during unforeseen events.
Despite our best efforts, no method of transmission over the Internet or electronic storage is completely infallible. We encourage you to play an active role in keeping your Personal Information secure by managing your LynxLedger settings responsibly and staying vigilant against unauthorized access.
Our Privacy Policy may evolve over time to reflect enhancements in our practices and services. It will remain in effect except with respect to any future amendments, which will be implemented immediately after they are communicated on this page.
We reserve the right to modify our Privacy Policy as necessary. You will be able to determine when this Privacy Policy was last revised by checking the 'Last updated' date at the top of the page. In the event of significant changes, we will endeavor to inform you via the email address you've provided, but will not be liable for any failure to do so. However, we recommend that you regularly review this Privacy Policy to stay informed of any updates.
Your continued engagement with the Service following the posting of changes to the Privacy Policy will be deemed as your acknowledgment and agreement to the changes and the updated terms. If you have any questions or require clarification regarding the terms of this Privacy Policy or any amendments made to it, we welcome your inquiries at support@lynxledger.com. By using the Services post any changes, you are expressing your consent to the updated policy.