We've built this app so that our friends and families could also have a better savings experience, and we'd never ever not take security of money seriously. All your money is stored in RBI regulated banks from the moment you transfer it to one of your plans. We use a RBI licensed payment aggregator, Cashfree (
https://cashfree.com/), to park money in their escrow account with Indian Banks. We're also funded by Sequoia Capital (a reputed venture capital firm) that has funded companies like Google, Zomato, etc. Our founders are IIT + ISB alumni and we take the security of user funds very seriously.