How Cyphr AI uses your bank data

What Cyphr AI reads from your bank connection, how it's used, who sees it, and how to remove it.

Last updated November 7, 2026

What we read

When you connect a business bank account, Cyphr AI reads your transactions and balances. The connection is read-only. Cyphr AI can't move money, make payments, or start transfers.

How we use it

  • To build a profit and loss statement that you review and confirm
  • To measure the financial areas of your Cyphr score with real data
  • To check requirements on loan programs you're working toward

Who can see it

  • You, at any time
  • Your platform's team, as part of running your platform
  • A lender, only after you apply to one of its programs by sharing a packet, and only while that application is open

Managing or removing your data

You can manage each bank connection, and the data stored from it, in your bank data settings. You can disconnect at any time.

For full details, see our Privacy Policy.

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