Terms of Service

Service Description

Finsava is a cloud-based personal finance platform that provides budgeting, transaction tracking, AI-powered financial analysis, bank sync, anomaly detection, and related features. A self-managed deployment option is also available for advanced users.

License

Finsava is proprietary software. All rights reserved. You may use the Software in accordance with the terms of the LICENSE file provided with the software. You may not copy, modify, distribute, sublicense, or create derivative works without prior written consent from the owner.

A limited community edition may be released in the future under a separate license. For licensing inquiries, contact legal@finsava.com.

No Warranty

Finsava is provided "as is" without warranty of any kind, express or implied, including but not limited to the warranties of merchantability, fitness for a particular purpose, and non-infringement. The entire risk as to the quality and performance of the software is with you.

User Responsibility for Data

You are responsible for:

• Backing up your database and configuration files.
• Securing access to your Finsava instance (firewalls, passwords, network configuration).
• Ensuring compliance with any applicable laws or regulations related to your financial data.
• Managing API keys and credentials for third-party integrations such as SimpleFin and Plaid.

For self-managed deployments, we do not have access to your data and cannot recover it if lost.

Subscription and Billing

Finsava offers the following tiers:

• Basic ($4.99/mo): Core budgeting, bank sync, ML-powered categorization, spending reports, and email support.
• Pro ($9.99/mo): Everything in Basic plus AI assistant (Claude), financial planning (FIRE, savings, debt), investment tracking, net worth tracking, forecasting, multi-currency, and priority support.

Free Trial: New accounts receive a 14-day free trial of the Pro plan. During the trial, all Pro features are unlocked at no charge. After the trial ends, your account reverts to the Basic plan unless you subscribe. No credit card is required to start the trial.

Auto-Renewal: Paid subscriptions automatically renew at the end of each billing period (monthly) at the then-current price. You will be charged on the same date each month using the payment method on file. You may cancel your subscription at any time through your account settings or by contacting support; cancellation takes effect at the end of the current billing period and you will not be charged again. We do not offer refunds for partial billing periods. We reserve the right to change pricing with 30 days' notice to existing subscribers. If payment fails, your account may be downgraded after a 7-day grace period. Payments are processed by Stripe, Inc. Your payment information is handled directly by Stripe and is never stored on Finsava's servers.

California residents: Under California Business and Professions Code Section 17602, you have the right to cancel your subscription at any time. You will receive a confirmation of your cancellation. For questions, contact support@finsava.com.

Acceptable Use

When using the finsava.com website or interacting with our services, you agree not to:

• Submit false information through registration or contact forms.
• Attempt to disrupt or interfere with the finsava.com website.
• Use the Finsava name or branding in a way that implies official endorsement without permission.
• Redistribute modified versions of Finsava without complying with the applicable license terms.

Limitation of Liability

In no event shall the authors, contributors, or copyright holders of Finsava be liable for any claim, damages, or other liability, whether in an action of contract, tort, or otherwise, arising from, out of, or in connection with the software or the use or other dealings in the software.

Our total liability for any claims arising under these Terms shall not exceed the greater of (a) the amount you paid us in the 12 months preceding the claim, or (b) one hundred US dollars ($100). We shall not be liable for any indirect, incidental, special, consequential, or punitive damages, including but not limited to loss of profits, loss of data, business interruption, or other economic harm.

Financial Disclaimer

FINSAVA IS NOT A FINANCIAL ADVISORY SERVICE, INVESTMENT SERVICE, TAX SERVICE, OR LEGAL SERVICE. FINSAVA DOES NOT PROVIDE PROFESSIONAL FINANCIAL, INVESTMENT, TAX, OR LEGAL GUIDANCE.

Any AI-generated suggestions, financial health scores, anomaly alerts, budget recommendations, spending analyses, or other outputs provided by the Finsava software are for informational and educational purposes only and should not be treated as professional financial guidance. You should always consult a qualified financial professional before making significant financial decisions.

Finsava is not liable for any financial loss, investment loss, missed opportunity, or other economic harm resulting from reliance on AI-generated recommendations, health scores, anomaly alerts, budget suggestions, or any other output of the software.

Data Accuracy and Loss

We do not guarantee the accuracy, completeness, or reliability of any data, calculations, AI recommendations, forecasts, or financial analyses provided by Finsava. Transaction data imported via bank sync (SimpleFin or Plaid) is provided by third-party financial institutions and may contain errors or omissions. Transaction data is periodically synced and may not reflect real-time bank account activity; there may be a delay between bank-side changes (such as pending-to-posted adjustments or transaction removals) and their reflection in Finsava.

When multi-currency display is enabled, transaction amounts and account balances may be converted to your preferred display currency using European Central Bank daily reference rates. These converted amounts are indicative only and should not be relied upon for actual currency transactions, tax reporting, or financial decisions. The conversion rate applied by your bank for real transactions may differ materially from the ECB reference rate displayed.

For self-managed deployments: you are solely responsible for maintaining backups of your database and configuration. We do not have access to your data and cannot recover it if lost.

For Finsava Cloud (when available): while we implement reasonable backup and recovery procedures, we do not guarantee against data loss. You are encouraged to regularly export your data using the built-in export feature.

Service Improvement and Aggregated Data

To improve categorization accuracy for all users, Finsava may use anonymized, aggregated transaction description data to train machine learning models. This data contains only merchant/payee names and spending category labels. It does not contain your name, email, account numbers, transaction amounts, account balances, or any other personally identifiable information. A minimum of two distinct users must independently categorize the same merchant before any data point enters the aggregated training set. You may opt out of contributing to the aggregated model by contacting support@finsava.com.

Legal basis under GDPR: legitimate interest (Art. 6(1)(f)) in improving service quality for all users. The processing involves only anonymized, aggregated data that cannot reasonably be used to identify any individual user.

Age Restriction

Finsava is intended for users aged 18 and older. You must be at least 18 years old to use this service. If you are under 18, you may not use Finsava or submit any personal information through our website. We do not knowingly collect information from children under 13 in compliance with the Children's Online Privacy Protection Act (COPPA).

Indemnification

You agree to indemnify, defend, and hold harmless Finsava, its author, contributors, and affiliates from and against any claims, liabilities, damages, losses, and expenses (including reasonable legal fees) arising out of or in any way connected with: (a) your use of the software; (b) your violation of these Terms; (c) your reliance on AI-generated financial suggestions; or (d) your violation of any applicable law or regulation.

Intellectual Property

Finsava is proprietary software. All rights reserved. The "Finsava" name, logo, and branding are trademarks of Oladipupo Owotumi. You may not use the Finsava trademarks in a way that suggests endorsement or affiliation without prior written permission.

Third-Party Services

Finsava integrates with third-party services that are governed by their own terms and privacy policies. We are not responsible for the availability, accuracy, or practices of these services:

• SimpleFin — Bank account synchronization. Your bank data passes through SimpleFin's servers.
• Plaid — Bank account connection and transaction data retrieval. Your bank login credentials are entered directly into Plaid's secure interface and never touch Finsava's servers. Finsava receives only transaction data (dates, amounts, descriptions, merchant names), account metadata (account name, type, balance), and institution information. Transaction data is periodically synced, not real-time; there may be a delay between bank-side changes and their reflection in Finsava. See Plaid's End User Privacy Policy.
• Claude AI (Anthropic) — Cloud AI assistant for financial analysis. Financial context is sent to Anthropic's servers for processing.
• Ollama — Local AI inference. Runs entirely on your hardware.
• Resend — Password reset and notification emails.
• European Central Bank / frankfurter.app — Exchange rate data for multi-currency display. Daily reference rates are used for indicative currency conversion of transaction amounts and account balances. ECB rates are reference rates published for informational purposes and are not suitable for actual currency transactions. Real-time market rates may differ materially. Rates may be delayed 1-2 business days due to weekends and market holidays.

AI models (Phi-4, Mistral, Llama, DeepSeek, Qwen) are subject to their own licenses. Users are responsible for reviewing and complying with the license terms of any models they download and use via Ollama.

Governing Law and Jurisdiction

These Terms are governed by and construed in accordance with the laws of the State of Texas, United States, without regard to its conflict of law provisions. Any disputes arising under or in connection with these Terms shall be subject to the exclusive jurisdiction of the courts located in the State of Texas.

Dispute Resolution

Any dispute, controversy, or claim arising out of or relating to these Terms or your use of Finsava shall first be addressed through good-faith negotiation. If the parties cannot resolve the dispute within 30 days, either party may pursue binding arbitration administered by the American Arbitration Association (AAA) under its Commercial Arbitration Rules. Arbitration shall take place in the State of Texas.

YOU AGREE TO RESOLVE DISPUTES ON AN INDIVIDUAL BASIS. YOU WAIVE YOUR RIGHT TO PARTICIPATE IN A CLASS ACTION, CLASS-WIDE ARBITRATION, OR ANY REPRESENTATIVE PROCEEDING.

Termination

These Terms remain in effect as long as you use Finsava. You may cancel your subscription and stop using the software at any time.

We reserve the right to suspend or terminate your account for violation of these Terms, with reasonable notice where possible. Upon termination, you may export your data using the built-in data export feature.

Changes to These Terms

We may update these Terms from time to time. Changes will be reflected on this page with an updated "Last updated" date. Continued use of Finsava after changes constitutes acceptance of the revised Terms.

Contact

If you have any questions about these Terms, please contact us at legal@finsava.com.