Terms of Service

lait.finance ("the Service") is provided by Mistinguett Capital Investments, S.L. (NIF B02670131, Avenida Primado Reig 187, 12º, puerta 64, 46020 València, España), referred to here as "we". These terms are the contract between you and us. By creating an account or using the Service you accept them; if you do not agree, do not use it.

Changes: we may change these terms when the law requires it, for security, or because the Service changes. We will tell you by email and in the app at least 30 days before a change that affects you takes effect, saying what changes and why. If you do not accept it, you can cancel before then and we refund the unused part of any period you have paid for. If a change worsens your access to or use of the Service in more than a minor way, you can also end the contract free of charge within 30 days of it taking effect, with the same refund. Corrections that do not change your rights or obligations (a typo, a clearer wording) apply straight away.

lait.finance brings your finances into one place so you can understand them: your accounts, crypto wallets and exchanges, brokers, the statements you import, and what lives outside any app, such as property, vehicles, pension plans and the debts that go with them. It calculates your net worth and how it evolves, organises your spending, estimates valuations and taxes, helps you plan, and answers questions about your own data.

How your data gets in:

• Statements and manual entries: you import CSV or Excel statements, enter data yourself or send card purchases from an iOS Shortcut, on every plan.
• Wallets and exchanges: public wallet addresses and read-only exchange API keys (section 9).
• Brokers: through SnapTrade, on Premium (section 8).
• Banks (Open Banking): automatic bank connection is not yet open to members; when it opens it will work as section 7 describes.

The Service is in beta and keeps evolving (section 16).

You must be at least 18 years old to use the Service. By creating an account, you represent that you are at least 18 years of age and have the legal capacity to enter into these terms.

To use the Service, you must create an account via our authentication provider (Clerk). An account belongs to one person. You are responsible for:

• Keeping your login credentials confidential.
• All activity that occurs under your account.
• Telling us at once at support@lait.finance if you suspect unauthorised access.

An account can hold up to 5 profiles, for example to follow a partner's or a parent's finances. If you add another person's data, you need their consent and you are responsible for what you enter about them. Each profile's data is kept apart, and deleting your account deletes all of its profiles.

All connections to your financial accounts (banks, brokerages, exchanges, wallets) are strictly read-only. lait.finance cannot and will never initiate payments, transfers, trades, or any other financial transaction on your behalf. We only see the balances and movements you authorise.

Automatic bank connection is not yet open to members. When it opens, it works like this. Bank connections go through Enable Banking Oy (Finland), an account information service provider supervised by the Finnish Financial Supervisory Authority. When you connect a bank:

• You authorise the access in your bank's own app or website and accept Enable Banking's terms for that access.
• The consent lasts up to 90 days and is never renewed without your new authorisation.
• You can withdraw it at any time from Connections or directly with your bank; disconnecting in lait.finance withdraws it at Enable Banking too.
• Your bank's own terms on third-party access also apply.

Broker connections are a Premium feature and go through SnapTrade (Passiv Inc., Canada). When you connect a broker you authorise the access at your broker and accept SnapTrade's own terms; SnapTrade then lets us read your positions and cash balances. The access is read-only: we cannot place orders or move your funds. Disconnecting removes your user at SnapTrade. Where SnapTrade processes your data, and with what safeguards, is set out in the Privacy Policy.

If you provide API keys for exchanges or other services, you are responsible for giving them read-only permissions. We store them encrypted, but we are not liable for the consequences of keys you created with withdrawal or trading permissions. Wallet addresses you add are public on their blockchains; we only read them.

What you upload or type (statements, documents, photos, notes, the details of your assets and debts) remains yours. You give us only the permission we need to store and process it in order to provide the Service to you, including sending it to the providers the Privacy Policy lists for the features you use. If you choose to share an anonymised statement sample so we can support a new bank format, we keep it as the Privacy Policy describes. You must have the right to upload what you upload, for example a document that contains another person's data.

Several features use AI models from third parties: categorising your transactions, answering questions about your data, reading a document when you ask, valuing assets, researching a security and summarising your reports.

• They give general information about your data. They are not advice, and they do not tell you what to buy, sell or hold.
• The text each feature needs goes to the provider that runs it (OpenAI, Anthropic or Google) and, for some checks, to TypeSafe, as the Privacy Policy describes. A document you ask us to read goes to Google only.
• They can be wrong. Check what they say before relying on it.
• Each plan has usage limits on these features, shown in Settings; we may slow or pause them to prevent abuse.

lait.finance is an information tool. We are not an investment firm or a financial adviser, we are not authorised by the CNMV or any other supervisor to provide investment services, and nothing in the Service is investment, tax or legal advice or a personalised recommendation. Net worth, returns, asset valuations, tax estimates and projections are estimates built from the data available and from assumptions that may not fit your case; the tax rules of a year that has not closed may still change. Before an investment or tax decision, talk to a qualified professional.

We comply with the General Data Protection Regulation (GDPR) and Spanish data protection law. The Privacy Policy explains what we process, why, for how long and with whom, and your rights (access, rectification, erasure, portability, objection). To exercise them, write to privacy@lait.finance or use the export and deletion tools in Settings.

You agree not to:

• Use the Service for any illegal purpose.
• Attempt to access other users' data.
• Reverse-engineer, decompile or disassemble the Service.
• Use automated scripts, bots or scrapers against the Service.
• Share your account credentials with others.
• Upload malicious files, or data about people who have not consented.
• Circumvent usage limits or security measures, including by manipulating the AI features.
• Open several accounts to repeat a trial, a referral reward or a promotion.

lait.finance aggregates data from many external sources (banks, brokers, exchanges, market data providers). We work for it to be right, but we cannot guarantee that every value, price, balance or calculation is correct at all times: external services can be late, unavailable or wrong. Check important figures with your financial institution.

We aim for high availability but cannot guarantee uninterrupted access: the Service may stop for maintenance, updates or causes beyond our control. The Service is in beta and evolves, so we may add, change or remove features. If we remove or materially worsen a feature included in a plan you are paying for, we will tell you in advance and you may cancel with a refund of the unused part.

lait.finance has a free plan and a paid Premium plan. Premium costs €7.99/month or €59.99/year. Payments are processed by Stripe. Prices are in euros and include the VAT of your country, itemised on the invoice, which Mistinguett Capital Investments, S.L. issues.

• Trial: a new account gets 7 days of Premium without a card. The trial ends on its own and never becomes a paid plan unless you subscribe.
• Renewal: monthly and annual plans renew automatically at the end of each period until you cancel. For annual plans we email you a reminder at least 15 days before each renewal, saying that it will renew unless you cancel before that date. We announce a price change at least 30 days before it applies to you, and you can cancel before it does.
• Cancellation: you can cancel at any time from Settings, in as few steps as it took to subscribe. Premium stays active until the end of the period already paid and nothing more is charged.
• Right of withdrawal: as a consumer you may withdraw from a subscription within 14 days of taking it out, without giving a reason, by writing to legal@lait.finance before the 14 days end, by phone, or with the button in Settings. Any clear statement is enough, or you can use this model: "To Mistinguett Capital Investments, S.L., Avenida Primado Reig 187, 12º, puerta 64, 46020 València, España, legal@lait.finance: I hereby give notice that I withdraw from my contract for the following service: [plan]. Subscribed on: [date]. Name: [name]. Email of the account: [email]. Date: [date]." When you subscribe you ask Premium to start straight away and acknowledge, by ticking the box above the subscribe button, that withdrawing means paying for the days already used; so we refund what you paid minus the part of the period used until you withdraw, within 14 days and by the same means of payment, and Premium ends. While the 14 days run, Settings ▸ Plan also shows a "Withdraw from contract" button that does it in two steps, and we confirm every withdrawal by email.
• Refunds: apart from the right of withdrawal and the cases these terms or the law provide, a period already started is not refunded. Duplicate or wrong charges are refunded in full: write to legal@lait.finance.

• Invite friends: for each person who signs up with your link and pays their first subscription you get 30 days of Premium, and they get 50 % off their first payment. Rewards are capped at 12 a year. We may hold a referral for review, or not grant it, when both sides look like the same person (for example the same card or bank), and we reverse the reward if that first payment is refunded or disputed within 60 days. There are also milestones, counted in approved referrals: a badge at 3, 90 more days of Premium at 5, and a year of Premium (365 days) at 10, each granted once.
• Points: some actions earn points that can only be redeemed for AI credit inside the Service. Points and credit have no cash value, cannot be transferred or exchanged for money, and are lost if you delete your account; the credit does not expire. We may correct points earned by mistake or through abuse.

The software, design and brand of lait.finance belong to Mistinguett Capital Investments, S.L. or its licensors. You may not copy, modify, distribute or create derivative works from them without written permission. Your content remains yours (section 10).

Parts of the Service rely on other companies: Clerk (sign-in), Stripe (payments), Enable Banking and SnapTrade (connections), and the providers listed in the Privacy Policy. Their own terms govern what they do on their side; we remain responsible to you for the Service as the law provides.

We are liable to you as the law provides. In particular:

• We are not liable for decisions you take based on the information in the Service, which is not advice (section 12), nor for errors in data that reaches us from third parties (section 15), unless we have acted negligently.
• We are not liable for access to your account through credentials you did not keep safe, nor for what third-party services do on their side.
• If you use the Service for your business or profession and not as a consumer, then, except in cases of fraud, wilful misconduct, gross negligence or harm to life or health, our total liability is limited to what you paid us in the 12 months before the claim (or €100 if you paid nothing). This limit does not apply to consumers.

Nothing in these terms limits your rights as a consumer. In particular, Premium must conform to the contract for the whole time you subscribe; if it does not, you can ask us to bring it into conformity and, if we do not, to reduce the price or end the contract, as well as compensation, as the law provides.

You can delete your account at any time from Settings; export your data first if you want to keep it. Deletion is immediate: we first withdraw what providers hold for you (your bank consent at Enable Banking, your user at SnapTrade, your subscription at Stripe, which is cancelled) and then delete your data from our database and file storage. Database restore copies keep it for a short window (hours to days) and then it is gone; the Privacy Policy lists what each provider keeps. Deleting the account also ends any Premium time left, points and AI credit.

We may suspend or close an account that seriously breaches these terms, telling you why where reasonably possible. If we close the Service or your account without a breach on your part, we refund the unused part of what you paid.

Write to us at legal@lait.finance, call +34 654 37 62 19 or write by post to the address in section 25; we answer within 15 days. If we cannot solve your complaint, we tell you in writing which out-of-court dispute resolution body can hear it and whether we will take part. As a consumer you can also go to the consumer authorities where you live (in Spain, your municipal consumer information office or your region's consumer service). Disputes with consumers are heard by the courts of the consumer's place of residence; any other dispute, by the courts of València, Spain. The EU online dispute resolution platform closed on 20 July 2025; the European Commission lists dispute resolution bodies at consumer-redress.ec.europa.eu/dispute-resolution-bodies.

These terms are governed by Spanish and European Union law, without depriving you of the protection of the mandatory rules of the country where you live. They exist in Spanish and English; if the two differ, the Spanish version prevails, without prejudice to the reading most favourable to you. If a clause is declared void, the rest remains in force. We may transfer this contract to another company only if your rights are not reduced, and we will tell you beforehand.

General support: support@lait.finance. Privacy and data-protection rights: privacy@lait.finance. Billing, withdrawal and complaints: legal@lait.finance or +34 654 37 62 19. Postal address: Mistinguett Capital Investments, S.L., Avenida Primado Reig 187, 12º, puerta 64, 46020 València, España.