Terms of Service

1. Introduction and Acceptance

Welcome to Extrakt. These Terms of Service ("Terms") govern your access to and use of the Extrakt website, applications, and services (collectively, the "Service") operated by Extrakt ("Company", "we", "us", or "our"), located in Paris, France.

By creating an account or using the Service, you agree to be bound by these Terms. If you do not agree to these Terms, you may not access or use the Service.

2. Account Terms

To use the Service, you must:

• Be at least 18 years of age or the age of legal majority in your jurisdiction
• Provide accurate, complete, and current information during registration
• Maintain the security and confidentiality of your account credentials
• Promptly notify us of any unauthorized access to your account
• Accept responsibility for all activities that occur under your account

You may not use another person's account without permission. We reserve the right to suspend or terminate accounts that violate these Terms.

3. Service Description

Extrakt is a personal finance tracking tool designed to help you:

• Track your income, expenses, and investments
• Monitor your net worth over time
• Set and follow financial goals
• Build consistent money management habits

Important: Extrakt is a tracking and organizational tool only. We do not provide financial advice, investment recommendations, tax guidance, or any other form of professional financial counsel. The information displayed in the Service is based solely on data you enter and should not be relied upon for making financial decisions.

4. Subscription and Billing

4.1 Free Trial

New users are eligible for a 30-day free trial of the Service. No payment information is required to start the free trial. At the end of the trial period, you will need to subscribe to a paid plan to continue using the Service.

4.2 Paid Subscriptions

Paid subscriptions are billed on a recurring basis (monthly or annually, depending on your selected plan). By subscribing, you authorize us to charge your payment method at the beginning of each billing cycle.

4.3 Auto-Renewal

Subscriptions automatically renew at the end of each billing period unless you cancel before the renewal date. You can cancel your subscription at any time through your account settings.

4.4 Price Changes

We may change subscription prices from time to time. Any price changes will be communicated to you at least 30 days in advance and will apply to the next billing cycle after the notice period.

5. Refund Policy

We want you to be satisfied with Extrakt. Our refund policy is as follows:

• 14-Day Right of Withdrawal (EU Users): If you are located in the European Union, you have the right to withdraw from your subscription within 14 days of purchase for a full refund, in accordance with EU consumer protection laws.
• Pro-Rata Refunds: If you cancel within the first 14 days of any billing period, you may request a pro-rata refund for the unused portion of that period.
• No Refunds After 14 Days: Refund requests made more than 14 days after a billing charge are not eligible for refunds, except where required by applicable law.

To request a refund, please contact us at support@extrakt.app.

6. Acceptable Use

You agree not to use the Service to:

• Violate any applicable laws or regulations
• Infringe upon the rights of others
• Submit false, misleading, or fraudulent information
• Attempt to gain unauthorized access to the Service or its systems
• Interfere with or disrupt the integrity or performance of the Service
• Reverse engineer, decompile, or disassemble any part of the Service
• Use automated tools to access the Service without our written permission
• Resell, redistribute, or sublicense access to the Service

We reserve the right to investigate and take appropriate action against anyone who violates these provisions, including termination of their account.

7. Intellectual Property

7.1 Our Property

The Service, including its design, features, content, and underlying technology, is owned by Extrakt and is protected by copyright, trademark, and other intellectual property laws. You may not copy, modify, or distribute any part of the Service without our prior written consent.

7.2 Your Data

You retain ownership of all data you enter into the Service. By using the Service, you grant us a limited license to store, process, and display your data solely for the purpose of providing the Service to you. We will not sell, share, or monetize your personal financial data.

8. Disclaimers

9. Limitation of Liability

To the maximum extent permitted by applicable law:

• Extrakt shall not be liable for any indirect, incidental, special, consequential, or punitive damages arising from your use of the Service.
• Our total liability for any claims arising from or related to the Service shall not exceed the amount you paid to us in subscription fees during the twelve (12) months preceding the claim.
• These limitations apply regardless of the legal theory on which the claim is based.

Some jurisdictions do not allow the exclusion or limitation of certain damages. If you reside in such a jurisdiction, some or all of the above limitations may not apply to you, and you may have additional rights.

10. Termination

10.1 Termination by You

You may cancel your subscription and close your account at any time through your account settings. Upon cancellation, you will retain access to the Service until the end of your current billing period.

10.2 Termination by Us

We may suspend or terminate your access to the Service at any time if you violate these Terms or engage in conduct that we determine, in our sole discretion, to be harmful to the Service or other users.

10.3 Data Export

Before closing your account, you may export your data from the Service. After account closure, your data will be deleted in accordance with our Privacy Policy, unless retention is required by law.

11. Governing Law and Disputes

These Terms are governed by and construed in accordance with the laws of France, without regard to its conflict of law provisions.

For users in the European Union, nothing in these Terms affects your rights as a consumer under mandatory EU consumer protection laws, including your right to bring claims in the courts of your country of residence.

For users in the United States, any disputes arising from these Terms or the Service shall be resolved through binding arbitration in accordance with the rules of the International Chamber of Commerce (ICC), except where prohibited by law.

12. Changes to These Terms

We may update these Terms from time to time. If we make material changes, we will notify you by email or through the Service at least 30 days before the changes take effect. Your continued use of the Service after the effective date constitutes acceptance of the updated Terms.

13. Contact Us

If you have any questions about these Terms, please contact us at: