Policy
Privacy Policy
Memento Capital LLC ("Memento", "we") is a private holding company organized in Texas. This policy explains how we handle financial account information that we access through Plaid Inc. ("Plaid") and any other information you share with us.
Who uses our application
Our Plaid application is an internal tool. It is used only by Memento Capital LLC and its principal to connect accounts that they own or are authorized to manage, for bookkeeping, reconciliation and cash planning. It is not offered to the public.
Information we access
When an account owner links an account through Plaid, we receive read-only information for that account, which may include:
- account names, types and the last digits of account numbers;
- current and available balances;
- transaction history (date, amount, description, merchant and category).
We do not receive or store online banking usernames or passwords. Sign-in happens on Plaid's or the financial institution's own screens. We do not request or use payment, transfer or money-movement products.
How we use it
- To record transactions in our own accounting system and reconcile them to bank and card statements.
- To prepare internal financial statements, cash forecasts and tax records.
We do not sell, rent or share account information with third parties, and we do not use it for advertising. Information may be disclosed only where required by law.
How we protect it
Data is stored on systems controlled by Memento, with access limited to the company's principal and tools acting on his instruction. Access tokens and application secrets are kept in restricted files and are never published. Connections between our systems and Plaid are encrypted in transit.
Retention
Transaction records are kept as long as needed for accounting and tax purposes, generally up to seven years, and are then deleted.
Your choices
An account owner can disconnect an account at any time through the Plaid Portal at my.plaid.com or through their financial institution's connected-apps settings. Once disconnected, we receive no further data from that account. To ask what we hold or to request deletion, contact us below.
Plaid's own handling of data is described in the Plaid End User Privacy Policy.
Contact
Memento Capital LLC · Houston, Texas · paul@memento.capital