As we reflect on an incredible 2023 for Budge, one of the biggest milestones we met this year is one of the nerdiest. This spring, we successfully completed SOC 2 Type 2 Compliance! Ok, we know that sounds boring - but it’s actually really important to us and to you too (believe it or not). What this means is that with Budge, unlike many financial technology companies, you can enjoy the same level of security you get with traditional banking services.  

Budge's mission is to help everyday Americans overcome suffocating personal debt and build short-term savings by delivering expert coaching resources and seamless execution in one cohesive experience. We aim to transition our clients from feeling financially stuck to living the life they deserve.

In pursuit of this mission, protecting your financial information is paramount. We are acutely aware of the trust you place in us, and it's a responsibility we meet with unwavering dedication.

As we celebrate this year’s achievement, we want to extend our heartfelt appreciation to our Co-founder & CTO, Yan Avery. His embodiment of our core values: Be The Best, Be Human, Be Bold, has guided us through the rigorous process of SOC 2 compliance, all while focusing on delivering an exceptional product that serves you better.

For those who may not be familiar with SOC 2, it's an auditing procedure developed by the American Institute of CPAs (AICPA). This process ensures that service providers like us securely manage your data to protect your interests and your privacy.

With this certification, we demonstrate our robust and reliable controls in our processes and systems, assuring that we offer the highest level of service while prioritizing the safety, security, and privacy of your data.

However, our commitment to excellence doesn't end here. We are dedicated to continuously enhancing our processes to maintain this excellent service. Your trust motivates us to persistently push our boundaries, making your data security our top priority.

In closing, we also want to say a huge thank you for your ongoing support. We remain excited about our mission and are committed to making a tangible difference in the lives of millions of working individuals. Here's to a future where we all feel safer online, and continue moving towards financial freedom!

If you or a loved one is feeling financially stuck, check out the latest version of the Budge app. We think you’ll be amazed at how easy we’ve made it to start paying down your debts and building near-term savings - all with the support of our financial coaching staff if you need a little help.