Terms of Service

By creating an account, accessing, or using the Finmora family finance platform ("Service"), you agree to comply with and be legally bound by these Terms of Service ("Terms"). These Terms apply to all users, including primary account holders and any family members or collaborators invited into a shared family workspace.

If you do not agree to these Terms, you must not access or use our Service. These Terms constitute a binding legal agreement between you and Finmora.

Note: This is placeholder legal text pending final review by Finmora's legal counsel before public launch, including confirmation of the registered legal entity name and governing jurisdiction.

Finmora provides a cloud-based, AI-powered family finance platform. The Service includes:

• A shared family collaborative workspace with granular privacy controls
• An AI Chief Financial Officer offering proactive financial guidance
• A live multi-currency ledger with real-time rate conversion across 140+ currencies
• Net worth and investment aggregation across connected accounts
• Goal and milestone tracking for family savings targets
• Automated, adaptive smart budgets
• Live dashboards and reporting tools
• API access (where applicable to your subscription)

To use the Service, you must create an account. You agree to:

• Provide accurate, current, and complete information during registration
• Maintain the security of your account credentials and not share passwords
• Promptly notify us of any unauthorized use of your account
• Accept responsibility for all activities that occur under your account
• Not create accounts for competitive intelligence or benchmarking purposes

The primary account holder is responsible for managing family member access within their family workspace and ensuring all invited members comply with these Terms.

Finmora operates on a subscription basis (following the early access period). By subscribing, you agree to:

• Pay all fees as described in your selected subscription plan
• Provide valid payment information and keep it current
• Automatic renewal of subscriptions unless cancelled before the renewal date
• Non-refundable fees except as stated in our refund policy

Refund Policy: New subscriptions may be cancelled within 7 days for a full refund. After 7 days, no refunds are issued for the current billing period. Annual plans cancelled after 30 days receive a prorated refund for remaining months minus a 10% processing fee.

Your Data: You retain full ownership of all data you input into Finmora, including account, transaction, budget, and goal data ("Customer Data"). We do not claim ownership of your Customer Data.

License to Us: You grant Finmora a limited, non-exclusive license to process, store, and display your Customer Data solely to provide the Service.

Data Export: You may export your Customer Data at any time through the platform's export features. We provide data in standard formats (CSV, Excel, PDF).

No Mining: We will not use your Customer Data for machine learning training, advertising, or any purpose beyond operating the Service without explicit consent.

You agree not to use the Service to:

• Violate any applicable laws or regulations
• Upload false, fraudulent, or misleading financial data
• Attempt to gain unauthorized access to our systems or other users' accounts, including other family members' private data beyond what they've shared with you
• Reverse-engineer, decompile, or attempt to extract our source code
• Transmit malware, viruses, or any malicious code
• Use automated tools to scrape or extract data without permission
• Resell or sublicense the Service without written authorization
• Use the platform for any purpose other than legitimate personal or family financial management

The Finmora platform, including all software, interfaces, documentation, and branding, is owned by Finmora and protected by copyright, trademark, and other intellectual property laws.

We grant you a limited, non-exclusive, non-transferable license to use the Service as described in these Terms. This license does not permit you to copy, modify, distribute, or create derivative works based on our platform.

To the maximum extent permitted by applicable law, Finmora shall not be liable for:

• Indirect, incidental, special, consequential, or punitive damages
• Loss of data, profits, revenue, or business opportunities
• Damages resulting from unauthorized access to your account
• Third-party actions or services connected to Finmora
• Financial decisions made based on AI-generated guidance — Finmora's AI CFO provides informational insights, not licensed financial, tax, or legal advice

Our total liability for any claims under these Terms shall not exceed the amount you paid to Finmora in the 12 months preceding the claim.

Either party may terminate the subscription at any time. Upon termination:

• Your access to the Service will end at the end of the current billing period
• You may export your data within 30 days of termination
• After 30 days, Customer Data may be permanently deleted
• Provisions of these Terms that by their nature should survive will remain in effect

We reserve the right to suspend or terminate accounts that violate these Terms immediately and without notice.

These Terms are governed by the laws of the jurisdiction in which Finmora is legally incorporated (to be finalized before public launch). Any disputes shall be resolved in the courts of that jurisdiction.

For questions about these Terms, contact us at hello@finmora.ai.