Last Updated: [12/16/24]

Welcome to Babylon Balance! These Terms of Service (“Terms”) govern your access to and use of the Babylon Balance mobile application, website, and related services (collectively, the “Service”) provided by Babylon Balance (“we,” “us,” or “our”). By using the Service, you agree to be bound by these Terms. If you do not agree, please do not use the Service.

1. Eligibility You must be at least 18 years old or the age of majority in your jurisdiction to use the Service. By using the Service, you represent that you meet these age requirements and have the legal capacity to enter into these Terms.

2. Account Registration You may need to create an account to access certain features. You agree to provide accurate, current, and complete information during registration and to keep your account information updated. You are responsible for maintaining the confidentiality of your account credentials and for all activities that occur under your account.

3. Free and Premium Features Babylon Balance offers both free and premium features. Free features provide general financial insights, while the premium version unlocks personalized AI-driven guidance, full access to Babylon Balance Academy videos, and other advanced tools. We may update, add, or remove features at any time.

4. Payments and Subscriptions If you subscribe to premium features, you agree to pay the subscription fees indicated at the time of purchase. Payments are processed by third-party payment processors (e.g., Stripe), and you are subject to their terms and policies. Subscription fees are non-refundable unless otherwise required by law. You may cancel your subscription at any time through your account settings or the platform from which you purchased the subscription.

5. Data and Privacy Your privacy is important to us. Our Privacy Policy explains how we collect, use, and protect your information. By using the Service, you consent to our handling of your information as described in the Privacy Policy. You acknowledge that we may use aggregated, non-identifying financial data to provide personalized insights via AI models.

6. No Professional Advice All financial insights, guidance, and information provided by Babylon Balance are for informational purposes only. We are not a financial advisor, investment advisor, or tax professional. We do not provide legal, tax, or financial advice. Always consult with a qualified professional before making significant financial decisions.

7. Intellectual Property All content, trademarks, service marks, and logos contained in the Service are our property or are licensed to us. You may not reproduce, distribute, or create derivative works from any of the materials without our prior written permission.

8. Acceptable Use You agree not to use the Service in a manner that: Violates any applicable laws or regulations. Infringes on the rights of others. Disrupts or interferes with the normal operation of the Service. Attempts to gain unauthorized access to our systems or user accounts. We reserve the right to suspend or terminate your access to the Service if you violate these Terms.

9. Third-Party Links and Resources The Service may include links to third-party websites, tools, or resources, including referral offers. We have no control over these sites or resources and are not responsible for their content, availability, or practices. Your use of third-party services is at your own risk and subject to their terms and policies.

10. Disclaimer of Warranties The Service is provided “as is” and “as available” without warranties of any kind. We disclaim all warranties, express or implied, including but not limited to warranties of accuracy, reliability, fitness for a particular purpose, and non-infringement. We cannot guarantee that the Service will be error-free, secure, or uninterrupted.

11. Limitation of Liability To the fullest extent permitted by law, we shall not be liable for any indirect, incidental, consequential, or punitive damages arising out of your use of the Service. Our total liability for any claim related to the Service shall not exceed the amount you paid us, if any, in the twelve (12) months preceding the event giving rise to the claim.

12. Indemnification You agree to indemnify, defend, and hold harmless Babylon Balance, its affiliates, and employees from any claims, losses, liabilities, and expenses arising from your use of the Service, violation of these Terms, or infringement of any third-party rights.

13. Changes to the Terms We may update these Terms from time to time. If we make significant changes, we will notify you by posting the updated Terms on the Service or through other communications. Your continued use of the Service after changes are posted constitutes your acceptance of the new Terms.

14. Governing Law and Dispute Resolution These Terms are governed by the laws of [Your Jurisdiction], without regard to its conflict of law principles. Any disputes arising from these Terms or the Service shall be resolved exclusively in the state or federal courts located in [Your Jurisdiction], and you consent to the jurisdiction of such courts.

15. Severability If any provision of these Terms is found to be invalid or unenforceable, that provision will be limited or removed to the minimum extent necessary, and the remaining provisions will remain in full force and effect.

16. Entire Agreement These Terms, along with our Privacy Policy, constitute the entire agreement between you and Babylon Balance regarding the Service and supersede all prior agreements, understandings, or communications.

By using Babylon Balance, you acknowledge that you have read, understood, and agree to these Terms of Service.