WealthAlly Terms of Use

1. Introduction

Welcome to WealthAlly ("WealthAlly," "we," "our," "us"). By accessing or using our mobile and web applications (the "App"), you ("User," "you," "your") agree to comply with and be bound by these Terms of Use ("Terms"). If you do not agree to these Terms, please do not use the App.

2. Acceptance of Terms

By creating an account or using the App, you acknowledge that you have read, understood, and agree to be bound by these Terms, as well as our Privacy Policy. WealthAlly reserves the right to modify these Terms at any time. We will notify you of any significant changes, and your continued use of the App constitutes acceptance of the revised Terms.

3. Description of Services

WealthAlly provides budgeting tools, financial insights, and transaction analysis based on data collected from linked financial accounts. Our services are intended for educational and informational purposes only and do not constitute financial, investment, or legal advice. Users should consult with a qualified professional before making any financial decisions.

4. Eligibility

To use WealthAlly, you must be at least 18 years old and a resident of Canada. By using the App, you represent and warrant that you meet these eligibility requirements.

5. User Account and Security

• Account Creation: You agree to provide accurate and complete information during the registration process and to update such information as necessary.
• Account Security: You are responsible for maintaining the confidentiality of your account credentials and for all activities that occur under your account. Notify us immediately of any unauthorized use.
• Account Termination: WealthAlly reserves the right to suspend or terminate your account if you violate these Terms or any applicable laws.

6. Limited License and Intellectual Property Rights

WealthAlly grants you a non-exclusive, non-transferable, revocable license to use the App for personal, non-commercial purposes. All content, including but not limited to text, graphics, logos, and software, is the property of WealthAlly and is protected by Canadian and international intellectual property laws.

7. Third-Party Services and Data Integration

WealthAlly integrates with third-party services, such as Plaid for bank account data aggregation. By using the App, you consent to our use of these services and agree to their respective terms and privacy policies. WealthAlly is not responsible for the accuracy or reliability of data provided by third parties.

8. Limitations of Liability

WealthAlly is not responsible for any financial decisions or actions you take based on information provided by the App. Financial management involves risks, and WealthAlly is not liable for any losses or damages resulting from your use of the App.

• No Financial Advice: WealthAlly provides general financial education and budgeting guidance. We are not licensed financial advisors.
• Data Accuracy: While we strive for accuracy, data provided by the App may not always be current or complete.
• No Guarantee of Results: WealthAlly makes no guarantees regarding financial outcomes resulting from the use of the App.

9. Disclaimer of Warranties

The App is provided on an "as is" and "as available" basis. WealthAlly disclaims all warranties, express or implied, including but not limited to implied warranties of merchantability, fitness for a particular purpose, and non-infringement.

10. Limitation of Liability

To the fullest extent permitted by law, WealthAlly and its affiliates shall not be liable for any indirect, incidental, special, consequential, or punitive damages arising out of or related to your use of the App.

11. User Obligations

By using WealthAlly, you agree to:

• Provide Accurate Information: Ensure that any data you provide is accurate and up-to-date.
• Comply with Laws: Use the App in compliance with all applicable laws and regulations.
• Avoid Unauthorized Access: Do not attempt to access unauthorized areas of the App or disrupt its functionality.

12. Governing Law and Dispute Resolution

These Terms are governed by the laws of the Province of Alberta and the federal laws of Canada applicable therein. Any disputes arising out of or in connection with these Terms shall be resolved through binding arbitration in Alberta.

13. Contact Information

For questions or concerns regarding these Terms, please contact us at hi@wealthally.ai