Terms of Service

Agreement to Terms

By accessing or using Ledgerless ("Service"), you agree to be bound by these Terms of Service ("Terms"). If you disagree with any part of these terms, you may not access the Service.

Eligibility

You must be at least 18 years old to use Ledgerless. By using the Service, you represent and warrant that you are at least 18 years of age and have the legal capacity to enter into these Terms.

Account Registration

To use certain features of the Service, you must register for an account. You agree to:

• Provide accurate, current, and complete information
• Maintain and update your information to keep it accurate
• Keep your password secure and confidential
• Notify us immediately of any unauthorized use of your account
• Accept responsibility for all activities that occur under your account

We reserve the right to suspend or terminate accounts that violate these Terms or engage in fraudulent, abusive, or illegal activity.

Description of Service

Ledgerless provides AI-powered financial intelligence tools that:

• Connect to your financial accounts through secure APIs
• Analyze your transactions and spending patterns
• Generate narratives and insights about your financial behavior
• Calculate cash flow metrics like runway and stability scores
• Provide alerts and recommendations

We may modify, suspend, or discontinue any part of the Service at any time with or without notice.

User Responsibilities

Acceptable Use

You agree not to:

• Use the Service for any illegal purpose
• Share your account credentials or allow others to access your account
• Attempt to gain unauthorized access to our systems or other users' accounts
• Interfere with or disrupt the Service or servers/networks connected to the Service
• Use automated systems (bots, scrapers) without permission
• Reverse engineer, decompile, or disassemble the Service
• Remove or modify any copyright, trademark, or proprietary notices

Financial Account Connections

When you connect financial accounts to Ledgerless:

• You authorize us to access your financial data through our integration partners
• You are responsible for maintaining accurate login credentials
• You can disconnect accounts at any time through your settings
• We are not responsible for errors in data provided by third-party financial institutions

Subscription and Billing

Free Tier

We offer a free tier with limited features. Free accounts may be subject to usage limits and reduced functionality.

Paid Subscriptions

Paid subscriptions provide access to premium features. By subscribing, you agree that:

• Subscriptions automatically renew unless cancelled before the renewal date
• You authorize us to charge your payment method for the subscription fee
• Prices are subject to change with 30 days notice
• Cancellation takes effect at the end of the current billing period

Refund Policy

We offer a 14-day money-back guarantee for first-time paid subscribers. After 14 days, fees are non-refundable except as required by law. We may issue refunds at our sole discretion for exceptional circumstances.

Failed Payments

If payment fails, we will attempt to charge your payment method up to 3 times. If payment continues to fail, your account may be downgraded to the free tier or suspended.

Intellectual Property

Our Content

The Service, including all content, features, functionality, design, code, and trademarks, is owned by Ledgerless Inc. and protected by intellectual property laws. You may not copy, modify, distribute, or create derivative works without our written permission.

Your Data

You retain ownership of your financial data. By using the Service, you grant us a limited license to use your data solely to provide and improve the Service as described in our Privacy Policy.

AI-Generated Content

Narratives and insights generated by our AI are created specifically for you based on your data. While you may use this content for personal purposes, you may not republish or redistribute it for commercial purposes.

Disclaimers and Limitations

No Financial Advice

Important: Ledgerless provides information and insights, not financial, tax, or legal advice. Our AI-generated narratives and recommendations are for informational purposes only. You should consult qualified professionals before making financial decisions.

No Warranty

The Service is provided "as is" and "as available" without warranties of any kind, either express or implied, including but not limited to:

• Accuracy, completeness, or reliability of information
• Uninterrupted or error-free operation
• Security or freedom from viruses
• Fitness for a particular purpose

Limitation of Liability

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

• Indirect, incidental, special, or consequential damages
• Loss of profits, data, use, goodwill, or other intangible losses
• Damages resulting from unauthorized access to or alteration of your data
• Errors or inaccuracies in financial data provided by third parties
• Financial decisions made based on our Service

Our total liability shall not exceed the amount you paid us in the 12 months preceding the claim, or $100, whichever is greater.

Indemnification

You agree to indemnify and hold harmless Ledgerless, its officers, directors, employees, and agents from any claims, damages, losses, liabilities, and expenses (including legal fees) arising from:

• Your use of the Service
• Your violation of these Terms
• Your violation of any third-party rights
• Any content you submit or transmit through the Service

Data Security and Breaches

We implement reasonable security measures to protect your data. However, no system is 100% secure. In the event of a data breach that affects your information, we will notify you within 72 hours as required by applicable law.

Third-Party Services

The Service integrates with third-party services (Plaid, Stripe, Coinbase, PayPal, etc.). Your use of these services is governed by their respective terms and privacy policies. We are not responsible for the practices or content of third-party services.

Termination

By You

You may terminate your account at any time by contacting support or through your account settings. Termination does not entitle you to a refund for the current billing period.

By Us

We may suspend or terminate your account immediately without notice if:

• You violate these Terms
• Your account is inactive for 12 consecutive months
• We are required to do so by law
• We cease operating the Service

Effect of Termination

Upon termination:

• Your right to use the Service immediately ceases
• We will delete your data within 30 days (see Privacy Policy)
• You remain liable for any outstanding fees or obligations incurred before termination

Dispute Resolution

Governing Law

These Terms are governed by the laws of the State of [State], without regard to conflict of law principles.

Arbitration

Any dispute arising from these Terms or the Service shall be resolved through binding arbitration in accordance with the rules of the American Arbitration Association. You waive your right to participate in class actions.

Exceptions

Either party may seek injunctive relief in court for intellectual property violations or confidentiality breaches.

Changes to Terms

We reserve the right to modify these Terms at any time. We will notify you of material changes by email or through the Service. Your continued use after changes indicates acceptance of the new Terms.

If you disagree with changes, you may terminate your account. If you continue using the Service after changes take effect, you agree to be bound by the revised Terms.

Miscellaneous

Entire Agreement

These Terms, together with our Privacy Policy, constitute the entire agreement between you and Ledgerless regarding the Service.

Severability

If any provision of these Terms is found invalid or unenforceable, the remaining provisions will remain in full force and effect.

Waiver

Our failure to enforce any right or provision does not constitute a waiver of that right or provision.

Assignment

You may not assign or transfer these Terms without our written consent. We may assign these Terms without restriction.

Contact Us

For questions about these Terms, please contact us:

• Email: legal@ledgerless.ai
• Address: Ledgerless Inc., [Address]