Terms of Service

By accessing or using Kumry Finance AI ("Kumry", "we", "our", or "the Service"), you agree to be bound by these Terms of Service ("Terms"). If you do not agree to these Terms, you must not access or use the Service. These Terms apply to all users, including individual users, business entities, and any persons authorised to act on behalf of such entities. By creating an account or using the Service, you represent and warrant that you have the legal authority to enter into these Terms.

Kumry Finance AI is a cloud-based accounting and financial management platform that provides: - AI-powered transaction categorisation and bookkeeping automation - Mathematically verified double-entry accounting with cryptographic integrity proofs - Bank feed integration for Australian financial institutions - GST tracking, BAS preparation, and Australian tax compliance tools - Invoice creation, expense management, and financial reporting - Integrity verification, Ed25519 digital signatures, and audit capsules The Service is designed for Australian businesses and individuals and operates in accordance with Australian accounting standards and tax regulations.

To access the Service, you must register for an account by providing accurate, current, and complete information. You are responsible for: - Maintaining the confidentiality of your account credentials - All activities that occur under your account - Notifying us immediately of any unauthorised use of your account - Ensuring that your account information remains accurate and up to date We reserve the right to suspend or terminate accounts that violate these Terms, contain inaccurate information, or are used for fraudulent or unlawful purposes. Multi-user accounts must be managed by an authorised administrator who accepts responsibility for all users under their organisation.

Kumry offers several subscription plans, including a free Starter plan and paid plans with additional features and higher usage limits. By selecting a paid plan, you agree to pay the applicable subscription fees. - Subscription fees are billed in advance on a monthly or annual basis, depending on your selected billing cycle - Prices are quoted in Australian Dollars (AUD) and are inclusive of GST where applicable - You authorise us to charge your designated payment method for recurring subscription fees - Failure to pay may result in suspension or downgrade of your account - Refunds are handled in accordance with Australian Consumer Law You may upgrade, downgrade, or cancel your subscription at any time through your account settings. Downgrades take effect at the end of the current billing period. Cancellation does not entitle you to a refund for the remaining portion of your current billing period unless required by law.

You agree to use the Service only for lawful purposes and in accordance with these Terms. You must not: - Use the Service to process, store, or transmit any data that violates applicable laws or regulations - Attempt to gain unauthorised access to the Service, other accounts, or related systems - Reverse engineer, decompile, or disassemble any aspect of the Service - Use the Service to distribute malware, spam, or other harmful content - Circumvent or attempt to circumvent any usage limits, security measures, or access controls - Use automated systems (bots, scrapers) to access the Service except through our published API - Resell, sublicense, or redistribute access to the Service without written authorisation We reserve the right to investigate and take appropriate legal action against anyone who violates these provisions, including termination of their account and reporting to law enforcement authorities.

You retain all ownership rights to the financial data, documents, and content you upload, create, or process through the Service ("Your Data"). By using the Service, you grant us a limited, non-exclusive licence to store, process, and display Your Data solely for the purpose of providing the Service to you. We do not claim ownership of Your Data. We will not access, use, or share Your Data except as necessary to provide the Service, comply with legal obligations, or as otherwise described in our Privacy Policy. Upon termination of your account, you may export Your Data within 30 days. After this period, we may delete Your Data in accordance with our data retention policies, subject to any legal obligations to retain records.

The Service, including its source code, design, features, algorithms, AI models, cryptographic systems, documentation, and branding, is the exclusive property of Kumry Finance AI Pty Ltd and is protected by Australian and international intellectual property laws. Nothing in these Terms grants you any right, title, or interest in the Service beyond the limited right to use it in accordance with these Terms. All rights not expressly granted are reserved. Feedback, suggestions, and ideas you provide about the Service may be used by us without obligation or compensation to you.

We implement enterprise-grade security measures to protect the Service and Your Data, including: - Integrity verification for all ledger entries - Ed25519 digital signatures for cryptographic proof of authorship - Encryption in transit (TLS 1.3) and at rest (AES-256) - Mathematical integrity structures for efficient verification - Audit capsules providing tamper-evident records of all changes - Regular security assessments and penetration testing While we take extensive measures to protect Your Data, no system is completely secure. You acknowledge that you use the Service at your own risk and are responsible for maintaining the security of your own account credentials and systems.

The Service includes artificial intelligence and machine learning features for transaction categorisation, data extraction, and financial analysis. You acknowledge that: - AI-generated categorisations and suggestions are provided as recommendations and may not always be accurate - You are responsible for reviewing and verifying AI-generated outputs before relying on them for tax filing, financial reporting, or regulatory compliance - AI features improve over time through general usage patterns, but we do not use Your Data to train AI models shared with other customers - AI processing occurs within secure Australian data centres in compliance with Australian privacy laws

The Service is provided "as is" and "as available" without warranties of any kind, whether express, implied, or statutory, except to the extent required by Australian Consumer Law. To the maximum extent permitted by law, we disclaim all warranties, including implied warranties of merchantability, fitness for a particular purpose, and non-infringement. We do not warrant that the Service will be uninterrupted, error-free, or completely secure. We do not provide tax, legal, or financial advice. You should consult qualified professionals for advice specific to your circumstances. Nothing in these Terms excludes, restricts, or modifies any consumer guarantee, right, or remedy conferred by the Australian Consumer Law that cannot be excluded, restricted, or modified by agreement.

To the maximum extent permitted by applicable law, Kumry Finance AI Pty Ltd and its directors, officers, employees, and agents shall not be liable for any indirect, incidental, special, consequential, or punitive damages, including but not limited to loss of profits, data, business opportunities, or goodwill, arising out of or in connection with your use of the Service. Our total aggregate liability for all claims arising out of or relating to these Terms or the Service shall not exceed the total amount you paid to us in the twelve (12) months preceding the claim. These limitations apply regardless of the theory of liability (contract, tort, strict liability, or otherwise) and even if we have been advised of the possibility of such damages. These limitations do not apply to the extent prohibited by Australian Consumer Law.

You agree to indemnify, defend, and hold harmless Kumry Finance AI Pty Ltd, its affiliates, and their respective directors, officers, employees, and agents from and against any claims, liabilities, damages, losses, and expenses (including reasonable legal fees) arising out of or in connection with: - Your use of the Service - Your violation of these Terms - Your violation of any applicable laws or regulations - Any data or content you upload, process, or transmit through the Service - Any dispute between you and a third party arising from your use of the Service

Either party may terminate this agreement at any time. You may terminate by cancelling your subscription and closing your account through the Service settings. We may terminate or suspend your access to the Service immediately, without prior notice, if: - You breach any provision of these Terms - Your account is inactive for more than 12 consecutive months - We are required to do so by law or regulatory authority - We cease providing the Service (with reasonable notice) Upon termination, your right to use the Service immediately ceases. Provisions that by their nature should survive termination (including ownership, warranty disclaimers, indemnification, and limitations of liability) shall survive.

These Terms are governed by and construed in accordance with the laws of the State of New South Wales, Australia, without regard to its conflict of law provisions. You irrevocably submit to the exclusive jurisdiction of the courts of New South Wales and the Federal Court of Australia for any dispute arising out of or in connection with these Terms. Any dispute shall first be attempted to be resolved through good-faith negotiation between the parties for a period of at least 30 days before either party may commence legal proceedings.

We may modify these Terms at any time by posting the updated Terms on the Service. Material changes will be notified to you via email or through a prominent notice within the Service at least 30 days before they take effect. Your continued use of the Service after the effective date of any modifications constitutes your acceptance of the updated Terms. If you do not agree to the modified Terms, you must stop using the Service and cancel your account before the effective date.

If you have any questions about these Terms of Service, please contact us: - Email: legal@kumry.com.au - Mail: Kumry Finance AI Pty Ltd, Sydney, NSW, Australia - Support: https://kumry.com.au/support For privacy-related enquiries, please refer to our Privacy Policy or contact our Privacy Officer at privacy@kumry.com.au.