Do you expect that they will use an open source. What you say when they start collecting data I will not use this wallet. I have read that there are quite a few airdrops in your wallet at the lauce.
I found this on their Reddit, I believe it's from the staff:
"We can't open source everything, but we will undergo an open source initiative after the first few releases and encourage community involvement in our development efforts. Key management will almost certainly be open sourced so that everyone knows their keys are secure"
I've checked their GitHub and there is nothing related to the wallet so don't expect it to be open source, not anytime soon anyway. I understand how tempting it could be to use a wallet with a nice UI and good features but never compromise the safety of your funds because of that.