Your statements are yours. Here is exactly what we do with them.
Handing your bank statements to a startup is a fair thing to hesitate over. So here is the plain version: what Magpie can touch, what it cannot, and how you take it all back.
Read-only, so Magpie can never move your money. Export or delete everything any time.
Six things that are true of every account, including yours.
No fine print, no asterisks. These are the rules Magpie is built around, the kind you can hold us to.
Read-only, so it can never move money
Magpie reads transactions to organize them. It has no ability to send, transfer, or withdraw. There is no path in the product that moves a dollar.
Encrypted in transit and at rest
Your statements and transactions are encrypted on the way to us and while they are stored. Nothing sits in the clear.
Never sold, never used to train AI
We do not sell your data and we do not feed it to AI training. Your numbers stay yours. They are not a product or a dataset.
You own your data: export or delete any time
Export everything as CSV or JSON whenever you like. Ask us to delete your account and all of its data, and when it is gone, it is gone.
You choose what you share
Drag in a single PDF, CSV, OFX, or QIF, or connect a read-only feed. You decide which accounts and which months Magpie ever sees.
Answered from your data, not the internet
Tips and answers are generated from your own transactions. Magpie does not search the web for advice or invent numbers it cannot trace.
From your statement to an answer, and back out again.
Four steps, start to finish. You control the first one and the last one. And the last one always works.
You share it
Drag in a PDF, CSV, OFX, or QIF, or connect a read-only feed. You choose the accounts and the months, and nothing arrives that you did not hand over.
Magpie reads it
Each transaction is parsed and categorized, encrypted in transit and at rest. Read-only throughout: Magpie views the lines, it never touches the money behind them.
Answers come from you
Tips and answers are generated from your own transactions, not the internet, and never fed back to train AI models. Every figure traces to a line you can open.
You take it back
Export everything as CSV or JSON whenever you like, or ask us to delete your account and all of its data. When it is gone, it is gone for good.
The questions people ask before they upload.
Can Magpie move my money?
Is my data used to train AI?
Where does my data live, and who can see it?
How do I delete everything?
Do I have to connect my bank?
Your finance companion Read-only, encrypted, and yours to take back any time.
Start with a single statement if you like. See what Magpie reads, keep what is useful, and export or delete the rest whenever you decide.