Most finance apps answer these only if you email and push. Here they are in writing, including the parts that are not flattering: what our security has and has not been independently validated against, how the app will eventually pay for itself, and what happens to your records if we stop.
In short
NetWorth+ is a free Android personal finance app from NWP Technologies, in active development for over a year. Three questions decide whether an app like this deserves your financial history, and all three are answered in full here rather than left to inference. On security: the app holds no bank credentials, has no open banking connection and cannot initiate a payment; sign-in runs on Firebase Authentication, and per-user rules enforced on the server mean an account can only ever read its own records; there is no SOC 2 or ISO 27001 certification and no third-party penetration test to date, which is stated plainly rather than omitted. On funding: the app is free right now as a deliberate growth decision, a paid tier is the intended long-term model, and advertising and the sale of user data were ruled out before launch, with no advertising SDKs present in the app at all. On continuity: automatic backup can be scheduled daily, weekly or monthly and writes a file to your own device storage, and CSV export is available at any time, so a current copy of your financial history exists somewhere NetWorth+ does not control and cannot withdraw.
Independent audit
None to date, stated openly
Funding model
Free now, paid tier intended
Your backup
Your own device, daily to monthly
Data sold or advertised
Never, no ad SDKs present
Three answers
Each page below answers one question completely, including where the honest answer is not the one we would prefer to give.
What the architecture removes from the threat model, what protects your account today, and which independent validations have not been done. SOC 2, ISO 27001 and penetration testing are addressed by name.
See where we standFree today because we are buying users, not because the costs are zero. What running the app actually costs, what the intended paid tier looks like, and the two funding routes ruled out permanently.
See the modelThe realistic risk to a small app is not a breach, it is the company quietly stopping. Scheduled backups to your own device, CSV export, and what happens in each failure scenario.
See the failure casesWhy this exists
This section was written because a careful reader went looking for these answers and could not find them.
When someone evaluates a finance app properly, they look for independent evidence: a certification, a published penetration test, a security overview, a stated business model. If they find none of it, the conclusion is not that the app is unsafe. The conclusion is that there is not enough information to judge, which for an app holding your net worth lands in much the same place.
That is a fair criticism and the answer to it is not marketing. It is disclosure. So the pages here state what is true, including that NetWorth+ has never been independently audited, that it is free because we want users rather than because it is costless to run, and that we would still tell you to keep your own backup copy somewhere we do not control.
If something on these pages turns out to be wrong or has gone out of date, that is worth telling us about. Write to [email protected] and it will be corrected.
The person behind it
NetWorth+ is built by Milan Suresh, a product and marketing specialist with eight years of experience, and it starts from a conviction that is easy to state and surprisingly rare to act on: most people have no idea what they are actually worth, and they should.
Net worth is the most useful single number in personal finance and the one almost nobody tracks. Income is visible on payday and spending is noisy enough to argue about, but the figure that answers whether the last year moved you forward sits behind arithmetic most people never sit down and do. NetWorth+ is a deliberate attempt to close that gap, and to build the best personal finance app for the Gulf, India and Southeast Asia rather than a copy of one designed for a market where bank aggregation already works.
That motivation explains the decisions elsewhere on this site better than any commercial rationale would. It is why the app is free while the audience grows, why it works in places bank aggregation does not reach, and why the answer to how this will eventually be funded is a paid tier rather than the data of the people it was built for.
The founder is named, reachable and publicly identifiable, which is worth more than a mission statement. Milan writes as [email protected], the same address that answers support and security mail, and his professional background is on LinkedIn. An app asking for your financial history should at minimum tell you who is behind it.
Development is ongoing rather than occasional, and that bears directly on the continuity question above. The most common way a small app fails the people who depend on it is quiet abandonment, and the only real counter-evidence for that is a release history you can check for yourself. The update dates on the Google Play listing are public, and they are the honest place to look rather than a claim on this page.
NetWorth+ is not certified, not independently audited and not penetration tested by a third party. It is a tracking tool, not a bank, a lender or a financial adviser, and it does not give financial advice. Anyone telling you a small bootstrapped app has enterprise security assurance is selling something; what we can offer instead is an architecture that holds very little worth stealing, and a written account of exactly where the gaps are.
Questions
The app is free and the questions above are answered before you install rather than after. That is the order we think it should happen in.
Android. No bank login. No ads. Message reading is optional and off until you switch it on.