Terms of Service - Beta Preview

1. Introduction and Acceptance

These Terms of Service ("Terms") govern your use of the Treanova beta platform ("we," "us," "our," or "the Service"). Treanova is currently in pre-launch phase, operated by its founders for the purpose of market validation and feedback gathering. By using this beta version, you acknowledge that the Service is provided for testing and evaluation purposes only.

BETA DISCLAIMER: This is a pre-release version provided "AS IS" for testing purposes. Features may change, data may be deleted, and the Service may be discontinued at any time without notice. Do not use for production or critical business operations.

2. Service Description

Treanova provides a Software-as-a-Service (SaaS) platform for treasury management, financial planning, and cash flow optimization. Our Services include:

• Multi-bank connectivity and account aggregation
• Cash position monitoring and forecasting
• Transaction management and reconciliation
• Financial reporting and analytics
• Integration with third-party financial systems
• Access to regulated financial services through our partners

3. Important Disclaimer: No Financial License

Any regulated financial services, including but not limited to payment initiation, account information services, or money transmission, are provided exclusively by our Regulated Partners who hold appropriate licenses and authorizations in their respective jurisdictions.

Treanova's role is limited to:

• Providing the technology platform and user interface
• Facilitating data exchange between you and Regulated Partners
• Offering treasury management tools and analytics
• Maintaining the technical infrastructure

4. Regulated Partner Services

When you use features that require regulated financial services, you will be entering into a direct contractual relationship with the relevant Regulated Partner. You acknowledge and agree that:

• You must provide explicit consent to each Regulated Partner before using their services
• Treanova is not a party to your agreement with any Regulated Partner
• Regulated Partners are solely responsible for their services and compliance with applicable regulations
• You must review and accept the terms and conditions of each Regulated Partner separately
• Any disputes regarding regulated services must be resolved directly with the Regulated Partner

Our current Regulated Partners include licensed payment institutions and electronic money institutions authorized by relevant financial authorities in the European Union and other jurisdictions.

5. Account Registration and Security

To use our Services, you must create an account and provide accurate, complete, and current information. You are responsible for:

• Maintaining the confidentiality of your account credentials
• All activities that occur under your account
• Notifying us immediately of any unauthorized access or security breach
• Ensuring your use complies with your organization's policies and applicable laws

We reserve the right to suspend or terminate accounts that violate these Terms or pose a security risk to our Services or other users.

6. Data Processing and Privacy

Your use of our Services is also governed by our Privacy Policy, which is incorporated into these Terms by reference. By using our Services, you consent to:

• The collection, processing, and storage of your data as described in our Privacy Policy
• The sharing of necessary data with Regulated Partners to provide requested services
• Cross-border data transfers where required for service provision
• The use of aggregated, anonymized data for service improvement and analytics

We implement industry-standard security measures to protect your data, including encryption, access controls, and regular security audits. However, no method of transmission or storage is 100% secure, and we cannot guarantee absolute security.

7. Fees and Payment

Our pricing structure is detailed on our Pricing page and in your service agreement. You agree to:

• Pay all fees according to the selected plan and billing cycle
• Provide valid payment information and keep it current
• Pay any applicable taxes or regulatory fees
• Accept automatic renewal unless you cancel before the renewal date

Fees are non-refundable except as required by law or as explicitly stated in your service agreement. We reserve the right to modify pricing with 30 days' notice.

8. Acceptable Use Policy

You agree not to use our Services to:

• Violate any applicable laws, regulations, or third-party rights
• Engage in fraudulent, deceptive, or misleading activities
• Transmit malware, viruses, or harmful code
• Attempt to gain unauthorized access to our systems or other users' accounts
• Interfere with or disrupt the Services or servers
• Circumvent any technical limitations or security measures
• Use the Services for any illegal financial activities or money laundering

9. Intellectual Property

All intellectual property rights in the Services, including software, designs, trademarks, and content, remain the property of Treanova or our licensors. You receive a limited, non-exclusive, non-transferable license to use the Services for your internal business purposes.

You retain ownership of your data and content uploaded to our Services. By using our Services, you grant us a license to process, store, and display your content as necessary to provide the Services.

10. Disclaimers and Limitations of Liability

We do not warrant that the Services will be uninterrupted, error-free, or completely secure. You use the Services at your own risk.

IN NO EVENT SHALL TREANOVA BE LIABLE FOR:

• Indirect, incidental, special, consequential, or punitive damages
• Loss of profits, revenue, data, or business opportunities
• Actions or omissions of Regulated Partners or third-party service providers
• Unauthorized access to or alteration of your data by third parties
• Service interruptions or system failures beyond our reasonable control

11. Indemnification

You agree to indemnify, defend, and hold harmless Treanova, its officers, directors, employees, agents, and affiliates from and against any claims, liabilities, damages, losses, costs, and expenses (including reasonable attorneys' fees) arising from:

• Your use or misuse of the Services
• Your violation of these Terms or applicable laws
• Your infringement of any third-party rights
• Any content or data you submit to the Services
• Your relationship with Regulated Partners

12. Termination

Either party may terminate these Terms:

• For convenience, with 30 days' written notice
• Immediately for material breach that remains uncured after 10 days' notice
• Immediately if the other party becomes insolvent or bankrupt

Upon termination, your access to the Services will be disabled, and you must cease all use of the Services. We will provide you with the ability to export your data for 30 days after termination, after which we may delete your data in accordance with our data retention policy.

13. Governing Law and Dispute Resolution

These beta Terms are provided for informational purposes. Upon official incorporation and launch, formal terms governed by applicable law will be provided. During the beta phase, disputes should be resolved through:

1. Good Faith Negotiation: The parties shall first attempt to resolve disputes through good faith negotiation.
2. Mediation: If negotiation fails, disputes shall be submitted to mediation in Berlin, Germany.
3. Arbitration: If mediation fails, disputes shall be finally resolved by binding arbitration under the rules of the German Arbitration Institute (DIS).

Notwithstanding the above, either party may seek injunctive relief in any court of competent jurisdiction to protect its intellectual property rights or confidential information.

14. Modifications to Terms

We reserve the right to modify these Terms at any time. We will notify you of material changes by email or through the Services at least 30 days before they take effect. Your continued use of the Services after the effective date constitutes acceptance of the modified Terms.

If you do not agree to the modified Terms, you must stop using the Services and may terminate your account.

15. General Provisions

Entire Agreement: These Terms, together with our Privacy Policy and any applicable service agreements, constitute the entire agreement between you and Treanova.

Severability: If any provision of these Terms is found to be unenforceable, the remaining provisions shall continue in full force and effect.

Waiver: No waiver of any term shall be deemed a further or continuing waiver of such term or any other term.

Assignment: You may not assign or transfer these Terms without our prior written consent. We may assign these Terms without restriction.

Force Majeure: Neither party shall be liable for delays or failures in performance resulting from causes beyond their reasonable control.

16. Contact Information

For questions about this beta platform or to provide feedback: