Olbey Terms of Service

Welcome to Olbey. These Terms of Service (the "Terms") are a binding agreement between you and Olbey ("Olbey," "we," "us," or "our") and govern your access to and use of the Olbey mobile app, website, and related services (together, the "Service").

By creating an account, joining the waitlist, requesting or accepting a TestFlight invite, or otherwise using the Service, you agree to these Terms and to our Privacy Policy, which is incorporated here by reference. If you do not agree, please do not use the Service.

Please read these Terms carefully. They include important provisions that affect your legal rights, including a disclaimer that Olbey is not financial advice (Section 7), a limitation of our liability (Section 12), and an agreement to resolve disputes through binding individual arbitration and to waive class actions (Section 16).

To use the Service, you must:

• Be at least 18 years old;
• Be a resident of the United States (the Service is currently available in the U.S. only);
• Have the legal capacity to enter into a binding contract; and
• Not be barred from using the Service under applicable law.

By using the Service, you represent and warrant that you meet all of these requirements. The Service is not directed to children, and we do not knowingly collect information from anyone under 18. If we learn that an account belongs to someone under 18, we may suspend or close it.

Olbey is a personal finance app that connects to your bank (with your permission) and gives you a clear, human picture of your money — including an estimate of how much you can safely spend, a simple status, a visual map of where your money goes, and plain-English AI insights and chat. Olbey is an informational tool to help you understand your own finances.

Early access / beta. The Service is in active development and is offered on an early-access, beta basis (including through Apple’s TestFlight). This means features may change, be incomplete, contain bugs, or be added or removed at any time. We do not guarantee that the Service will be available, uninterrupted, error-free, or that any feature, calculation, or insight will be accurate or complete. Estimates such as "available to spend" and "daily capacity" are projections based on the data we can access and may differ from reality.

Not a bank or money service. Olbey is not a bank, lender, broker, money transmitter, or financial institution. We do not hold your money, move funds, make payments, or execute transactions on your behalf. Olbey only reads and analyzes financial information you choose to share with us.

To use most features, you’ll create an account. You agree to provide accurate information and to keep it up to date. You are responsible for activity that happens under your account.

Olbey protects access to your account using methods that may include a passcode, biometrics (such as Face ID or Touch ID), and one-time codes. You agree to:

• Keep your sign-in methods and device secure;
• Not share your access with others or let anyone else use your account; and
• Notify us promptly at [email protected] if you suspect unauthorized use of your account.

You can wipe all of your financial data at any time using "Delete All Data" (which keeps your account), or permanently delete your entire account with biometric or passcode confirmation. We may also suspend or close accounts as described in Section 14.

To connect your bank, Olbey uses Plaid Inc. ("Plaid"), a third-party service. The connection is read-only: we use it to view your account and transaction information, and we never see or store your bank login credentials. By connecting an account, you authorize us and Plaid to access and use that information as described in our Privacy Policy, and you agree to Plaid’s own end user privacy policy, available at plaid.com.

The Service also relies on other third parties, such as Apple (App Store and TestFlight) and AI/technology providers that help process and categorize your transactions. Your use of those services may be subject to their own terms and policies. We are not responsible for the acts, omissions, content, accuracy, availability, or security of any third-party service, and your dealings with them are between you and that third party.

If you do not wish to connect your bank, you may instead upload a PDF or CSV statement, subject to the terms in Section 6.

Olbey lets you upload bank or card statements (for example, PDF or CSV files) as an alternative to connecting your bank ("User Content"). You retain ownership of your User Content.

By uploading User Content, you grant us a worldwide, non-exclusive, royalty-free license to host, store, process, analyze, and display that content for the purpose of operating and improving the Service for you. You represent that you have the right to share the User Content and that doing so does not violate any law or any third party’s rights.

You are responsible for the accuracy of what you upload. Insights and figures generated from inaccurate, incomplete, or outdated User Content may be wrong. We may apply reasonable limits on uploads (such as a daily cap) and may remove or refuse content that violates these Terms.

Olbey is for informational and educational purposes only. It does not provide financial, investment, tax, accounting, or legal advice, and nothing in the Service should be treated as a recommendation or as advice tailored to your situation.

The statuses, scores, estimates, insights, chat responses, and other outputs of the Service — including any figure for what you can "safely spend" — are general information based on data you provide. They may be incomplete or inaccurate and are not a substitute for professional advice.

• Olbey is not a fiduciary and does not act in any advisory capacity toward you.
• You are solely responsible for your own financial decisions.
• Before making important financial, investment, or tax decisions, consider consulting a qualified, licensed professional.

You agree that you will not rely on the Service as the sole basis for any financial decision, and that we are not liable for decisions you make using the Service.

You agree to use the Service only for lawful, personal, non-commercial purposes and in line with these Terms. You will not:

• Use the Service to access financial accounts or data that are not yours or that you are not authorized to use;
• Break the law, infringe anyone’s rights, or upload content you don’t have the right to share;
• Reverse engineer, decompile, scrape, copy, or attempt to extract the source code of the Service, except where the law expressly permits it;
• Interfere with, disrupt, overload, or attempt to gain unauthorized access to the Service, our systems, or other users’ accounts;
• Introduce malware or use bots, automated scripts, or similar tools to access the Service in a way we have not authorized; or
• Use the Service to build a competing product or to mislead, defraud, or harm others.

We may investigate and take appropriate action — including suspending or terminating access — for any conduct we reasonably believe violates these Terms or harms the Service or others.

The Service and everything in it that we provide — including the software, design, the Blob and orb visuals, text, graphics, logos, the name "Olbey," and the look and feel — is owned by Olbey or its licensors and is protected by intellectual property and other laws. These Terms do not transfer any ownership to you.

Subject to your compliance with these Terms, we grant you a limited, personal, non-exclusive, non-transferable, revocable license to access and use the Service for your own personal use. You may not copy, modify, distribute, sell, lease, or create derivative works from any part of the Service except as expressly allowed by these Terms or applicable law.

All rights not expressly granted to you are reserved by Olbey.

Because the Service is in beta, you may be invited to test pre-release features. You understand that beta features are provided "as is," may be unstable or change without notice, and may be discontinued at any time. We may collect information about how the Service performs and how you use it to help us debug and improve it, as described in our Privacy Policy.

If you choose to send us feedback, suggestions, or ideas ("Feedback"), you grant us a perpetual, irrevocable, worldwide, royalty-free license to use that Feedback for any purpose without any obligation or compensation to you. Feedback is voluntary, and we are free to use it to improve the Service.

The Service is provided "as is" and "as available," without warranties of any kind. To the fullest extent permitted by law, Olbey and its licensors and providers disclaim all warranties, whether express, implied, or statutory, including any implied warranties of merchantability, fitness for a particular purpose, title, and non-infringement.

Without limiting the above, we do not warrant that:

• The Service will be uninterrupted, secure, timely, or error-free;
• Any data, calculation, estimate, status, score, insight, or chat response will be accurate, complete, reliable, or current;
• Defects will be corrected; or
• The Service or the servers that make it available are free of harmful components.

Some jurisdictions do not allow the exclusion of certain warranties, so some of these exclusions may not apply to you.

To the fullest extent permitted by law, Olbey and its officers, directors, employees, agents, licensors, and providers will not be liable for any indirect, incidental, special, consequential, exemplary, or punitive damages, or for any loss of profits, revenue, data, goodwill, or other intangible losses, arising out of or relating to your use of (or inability to use) the Service, including any reliance on its outputs or any financial decisions you make.

To the fullest extent permitted by law, the total liability of Olbey and its related parties for all claims relating to the Service will not exceed the greater of (a) the amount you paid us for the Service in the 12 months before the claim, or (b) one hundred U.S. dollars ($100). Because the Service is currently offered free of charge during early access, you acknowledge this limit may be $100.

These limitations apply regardless of the legal theory and even if we were advised of the possibility of such damages. Some jurisdictions do not allow certain limitations, so some of the above may not apply to you.

You agree to defend, indemnify, and hold harmless Olbey and its officers, directors, employees, agents, licensors, and providers from and against any claims, damages, losses, liabilities, costs, and expenses (including reasonable attorneys’ fees) arising out of or related to:

• Your use or misuse of the Service;
• Your User Content or any content you submit or upload;
• Your violation of these Terms or of any law; or
• Your violation of any third party’s rights.

We reserve the right to assume the exclusive defense and control of any matter subject to indemnification by you, in which case you agree to cooperate with our defense of that claim.

You may stop using the Service at any time. You can wipe your financial data with "Delete All Data" or permanently delete your account from within the app, subject to biometric or passcode confirmation.

We may suspend or terminate your access to all or part of the Service at any time, with or without notice, if we reasonably believe you have violated these Terms, if it’s necessary to protect the Service or other users, or if we discontinue the Service. Because the Service is in early access, we may also modify or discontinue it, in whole or in part, at any time.

Upon termination, your right to use the Service ends. Sections that by their nature should survive termination — including Sections 6 (license to User Content), 7, 9, 10, 11, 12, 13, 15, and 16 — will survive.

These Terms and any dispute arising out of or relating to them or the Service are governed by the laws of the State of Delaware, without regard to its conflict-of-laws rules and without regard to the U.N. Convention on Contracts for the International Sale of Goods.

Subject to the arbitration agreement in Section 16, any dispute not subject to arbitration will be brought exclusively in the state or federal courts located in Delaware, and you and Olbey consent to the personal jurisdiction of those courts. Nothing here limits any non-waivable rights you may have under the laws of your home state.

Please read this section carefully — it affects how disputes between you and Olbey are resolved and limits your rights to go to court.

Informal resolution first. Before starting an arbitration, you agree to contact us at [email protected] and give us at least 30 days to try to resolve the dispute informally.

Binding arbitration. Except as noted below, any dispute, claim, or controversy arising out of or relating to these Terms or the Service will be resolved by binding individual arbitration, rather than in court, administered by a recognized arbitration provider under its applicable consumer rules. The Federal Arbitration Act governs the interpretation and enforcement of this section. Judgment on the award may be entered in any court with jurisdiction.

Class-action waiver. You and Olbey agree that each may bring claims against the other only in an individual capacity, and not as a plaintiff or class member in any class, collective, consolidated, or representative proceeding. The arbitrator may not consolidate more than one person’s claims or preside over any form of class proceeding.

Exceptions. Either party may bring an individual claim in small-claims court, and either party may seek injunctive or equitable relief in court to protect its intellectual property or stop unauthorized access to the Service.

Right to opt out. You may opt out of this arbitration agreement by emailing [email protected] within 30 days of first accepting these Terms, stating your name and intent to opt out. Opting out will not affect any other part of these Terms.

We may update these Terms from time to time — for example, as the Service evolves out of early access or as the law changes. When we make material changes, we will take reasonable steps to let you know, such as posting the updated Terms in the app or on our website and updating the "Effective date" below.

Changes take effect when posted unless we say otherwise. By continuing to use the Service after the updated Terms take effect, you agree to the revised Terms. If you do not agree, please stop using the Service and, if you wish, delete your account.

Entire agreement. These Terms and our Privacy Policy are the entire agreement between you and Olbey about the Service and replace any prior agreements on that subject.

Severability. If any provision is found unenforceable, that provision will be limited or removed to the minimum extent necessary, and the rest of the Terms will remain in effect.

No waiver. Our failure to enforce any provision is not a waiver of our right to do so later.

Assignment. You may not assign or transfer these Terms without our consent. We may assign them, for example in connection with a merger, acquisition, or sale of assets.

Apple-specific terms. If you obtain the app through Apple, you acknowledge that these Terms are between you and Olbey, not Apple, and that Apple is not responsible for the app or its support; Apple is a third-party beneficiary of these Terms and may enforce them.

If you have any questions about these Terms or the Service, please reach out:

• Legal: [email protected]

We read every message and aim to respond like a helpful friend who’s good with money — clearly and without the jargon.

Effective date: May 29, 2026