Introduction

Welcome to Dapi (the “DAPI”). The owner and operator of the DAPI is DAPI Ltd, a private limited company by shares registered in the United Arab Emirates (“UAE”) under license number 000003122, with its office located at 14-101, WeWork, 14th Floor, Al Khatem Tower, Abu Dhabi Global Market Square, Al Maryah Island, Abu Dhabi, United Arab Emirates (“we”, “our” or “us”).

These end user terms of use (“Terms of Use”) and all policies and additional terms (if applicable) posted on (www.dapi.co) (our “Site”) set out the terms on which we offer you access to and use of our Site, services and tools as further described in clauses 2.1 to 2.14 (collectively, the “Services”). You can find all of our policies and additional terms here (“Legal Documents”). These Legal Documents are incorporated by reference into these Terms of Use.

By accessing, registering and/or continuing to use or access our Services, you are agreeing to be bound by these Terms of Use and the Legal Documents with immediate effect. You acknowledge that:

1. these Terms of Use apply between DAPI and end users who use the aggregation services through a third-party application, product or service (the “End User” and also referred to as “you”); and
2. the Developer Terms of Use which is available on the Developer Dashboard apply to third party providers of the web, desktop and/or mobile application used or intended to be used by End Users as made available by or on behalf of the third party provider and which allows the End User to access and use its own financial data in a consolidated way and/or to initiate payment transactions via that application.

If you do not agree to the Terms of Use and the Legal Documents, you must not use or access our Services. You may withdraw or vary your consent for us to provide our Services to you at any time.

References in these Terms of Use to “you” or “End User” (or similar) are references to you as an individual or legal entity as the case may be.

You acknowledge that the products and services provided to you through a third-party application are governed by a separate agreement between you and the provider of that application.

You acknowledge and understand that DAPI’s Services are not provided by, in partnership or under contract with the banks and/or financial institutions to which we may connect you for the purposes of providing the Services.

ABOUT OUR SERVICES

We offer two financial APIs, a Data API and Payment API (both defined below), that let apps and others:

1. access its user’s transactional information, account balances and other financial information as described in schedule 1 (the “Data API”); and
2. initiate payments by automating bank transfers – we initiate payments by securely communicating with the relevant service provider providing such services and instructing such service provider to make payment from the End User’s selected account (the “Payment API”).

With respect to the Payment API, we will initiate payment wherever the End User has provided consent through the third-party application unless:

1. incomplete or incorrect information has been given;
2. applicable laws and regulations do not permit and/or inhibit such action from being taken;
3. in our reasonable opinion, the payment may be fraudulent or otherwise unlawful; and
4. we reasonably believe that the End User is not the named account holder.

Our financial APIs have the following use cases, which include (without limitation):

1. categorization of transactional data from multiple bank sources;
2. lenders may make instant, informed decisions by accessing streamlined data;
3. verification of account ownership;
4. facilitation of consumer payments;
5. categorization of bank data in order to build accounting tools; and
6. initiation of bank transfers.

We will not charge you for the use of our Services. However, third-party applications may charge you for products and services provided to you that make use of our Services.

Account Information Services

You can use our Services to transmit information relating to payment accounts (“Account Information”) that you hold with an account servicing payment service provider (i.e. any payment service provider such as a bank or credit card issuer that maintains a payment account on your behalf) (“ASPSP”) to other service providers (the “Provider”), according to these Terms of Use.

Before receiving our Services, you will have instructed a third-party application through which you have accessed our Services to retrieve your Account Information. Following such instruction, you will generally be redirected to us.

Once you are redirected to us, we will ask you to select which ASPSP you would like us to access Account Information from. You may be redirected to your ASPSP’s website or mobile application in order to authenticate yourself so that your ASPSP knows that you consent to us accessing your Account Information.

In some circumstances, to use our Services, you will need to provide the same identifying information that you use to access the relevant payment accounts when you log in yourself (the “Credentials”).

Our Services will allow you to use your Credentials to retrieve such Account Information as you choose to transmit to the Provider.

Our Services may merge or aggregate Account Information retrieved from a particular ASPSP with Account Information retrieved from another ASPSP where you have instructed us to access and transmit such information.

Payment Initiation Services

You can use our Services to make online payments from an account you hold with an ASPSP.

Before receiving our Services, you will have instructed a third-party application through which you have accessed our Services to make an online payment. Following such instruction, you will generally be redirected to us.

Once you are redirected to us, you will be asked to review and confirm your payment and transaction details are correct.

Once you have confirmed those details, and provided your explicit consent for us to:

1. send the payment order to your ASPSP for execution; and
2. share any Account Information we receive from your ASPSP with the third-party application through which you accessed our Services,

you will have to select the account you will use to initiate the payment from. You may be redirected to your ASPSP’s website or mobile application in order to authenticate yourself so that your ASPSP knows that you consent to such transaction.

Notwithstanding anything to the contrary in these Terms of Use, we reserve the right to introduce new services and update or withdraw any of the Services, in our sole discretion, and we will not be liable to you for exercising this discretion.

ELIGIBILITY AND REGISTRATION REQUIREMENTS

In order to use our Services, you may be required to register as a user on our Services and provide us with certain information.

You are eligible to register as a user of our Services if you meet the following eligibility criteria:

In order to register for the Services, you will need to provide us with certain information. Your registration for the Services may not be accepted if you do not provide us with the required information. We reserve the right to decline any registration without further explanation. We also reserve the right to undertake such checks as are necessary to verify your identity, as appropriate.

Once you have successfully completed registration, your registration shall continue for an indefinite period, subject to suspension or termination in accordance with clause 10 of these Terms of Use.

TELECOMMUNICATIONS PROVIDER TERMS

Some of the Services may be available to you through a compatible desktop or mobile device, which may require Internet access and/or additional software to be installed. You acknowledge and agree that you are solely responsible for these technical requirements, including but not limited to:

1. any applicable charges, updates and/or additional fees imposed by your telecommunications provider; and
2. using the Services in compliance with the terms of your agreement with your telecommunications provider.

You also acknowledge that we make no warranties or representations of any kind, express, statutory or implied, as to:

1. whether the telecommunications services from your provider will be available and accessible at any time or from any location; and
2. the failure of the telecommunications services to transmit any data, communications or settings in connection with the Services.

YOUR OBLIGATIONS

When using or accessing the Services, you agree that you, and any others acting on your behalf:

INTELLECTUAL PROPERTY RIGHTS

Except for the rights expressly granted under these Terms of Use:

1. all content included as part of the Services, including but not limited to text, graphics, logos, images, audio clips, digital downloads and software is our property or the property of our licensors. We (or our licensors, as the case may be) retain all rights, title and interest in and to the Services, including, without limitation, all intellectual property rights therein; and
2. all rights, title and interest in and to any performance data or feedback that you provide in connection with your use of the Services, including all intellectual property rights therein, will become our property.

For the avoidance of doubt, nothing in these Terms of Use shall operate to transfer ownership of any Intellectual Property Rights that belonged to you prior to when you start using our Services or are created by you separately from your use of our Services.

Subject to clause 6.3, we hereby grant you a personal, non-exclusive, non-assignable, non-transferable, non-sub-licensable, revocable licence to install and use our Services on any device (which shall include future updates made available to you from time to time provided you understand that such updates may be subject to additional terms notified to you at the time that such update is made available), subject to your compliance with these Terms of Use. You agree that access to the Service is personal to you, and no third party has any right to use it. We have the right to disable your access to our Services if in our sole opinion you have failed to comply with any of the provisions of these Terms of Use or Legal Documents.

You shall use the Services solely for the purposes that are permitted by and as contemplated by these Terms of Use. Without limiting any other provision of these Terms of Use, you agree that you shall not, either directly or indirectly:

1. disseminate, market, license, sublicense, sell, resell, lease, transfer, assign, distribute, time share, let, rent, or sub-authorize any element of the Services;
2. modify, translate, reverse engineer, decrypt, decompile, decode, disassemble, or create derivative works based on our APIs;
3. breach, override or otherwise circumvent any authentication or security mechanisms or other use restrictions that are built into the Services;
4. remove or delete any notices, ownership labels, classified legends or marks from the Services;
5. engage in any action with the Services that destroys or accesses in an unlawful manner the server networks, connections, systems, records, or other assets, tools or services of the DAPI or any related third party;
6. transmit any worms, viruses, Trojan horses, or any other malware, disruptive or harmful software or data through your access to and use of the Services;
7. use the Services or any part thereof for any unlawful or fraudulent purpose or otherwise in any way not permitted by these Terms of Use;
8. obtain or try to obtain or register for itself anywhere in the world any of our Intellectual Property Rights; or
9. mislead, confuse, or cause misapprehension or confusion among other End Users as to the features, functionality, origin, or other aspects of our APIs, the Services or our Intellectual Property Rights.

You agree that you have no right to use any trademark we hold, or may hold in the future, without our prior written consent.

All rights not expressly granted to you in these Terms of Use are reserved and retained by us or our licensors.

In the event that any of our Intellectual Property Rights vest in you, you hereby assign (or shall use reasonable endeavours to assign or procure the assignment) to us all right, title and interest in and to such Intellectual Property Rights.

CONFIDENTIAL AGREEMENT

For the purposes of these Terms of Use, “Confidential Information” means our (or a Service user’s) non-public, confidential, secret or proprietary material and information that has been or may be, directly or indirectly, disclosed to you or which you come into the possession or knowledge of, whether in verbal, written, graphic, electronic or other form, in connection with or as a result of entering into these Terms of Use and using our Services.

You will maintain the confidentiality of all Confidential Information we may provide you or which you receive as a result of your use of the Services and will not release, disclose, use, make available or copy any such Confidential Information without our prior written consent. You may disclose Confidential Information to employees, agents or subcontractors on a need-to-know basis only. You will take reasonable precautions to protect the confidentiality of such Confidential Information. Excluded from this obligation of confidentiality is Confidential Information which:

1. is known or becomes known to you directly or indirectly from a third party source not having an obligation of confidentiality to us;
2. becomes publicly known or otherwise ceases to be secret, proprietary or confidential, except through your breach of these Terms of Use;
3. is independently developed by you; or
4. is required to be disclosed by a government authority or by law, provided that you give us reasonable prior written notice sufficient to permit us to contest such disclosure.

The obligations with respect to Confidential Information shall survive the termination of these Terms of Use.

WARRANTIES, REPRESENTATIONS & UNDERTAKINGS

You warrant, represent and undertake that:

Subject to clause 9.1, the Services are provided to you on an “as is” basis without representations, warranties or conditions of any kind. We disclaim all warranties, conditions and representations of any kind, whether express, implied or collateral, including, but not limited to, all conditions, representations or warranties of merchantability, of fitness for a particular or general purpose, of non-infringement, of compatibility or that the Services are secure or error free or will operate without interruption or will be provided in a timely or proper manner or at all.

LIABILITY & INDEMNITIES

Nothing in these Terms of Use shall limit or exclude a party’s liability:

1. for fraud, including fraudulent misrepresentation, perpetrated by that party;
2. for death or personal injury caused by the negligence of that party; or
3. for any other liability that cannot be limited or excluded under applicable law.

Subject to clause 9.1, in no event will we, our parent company, subsidiaries and affiliates, and our and their directors, officers, agents, employees, suppliers, subcontractors or licensors be liable, whether based on an action or claim in contract, tort, negligence, breach of statutory duty or otherwise, even if foreseeable, arising out of or in relation to these Terms of Use for loss of profits, sales, business or revenue, loss of data or information, loss of anticipated savings, loss of business opportunity, goodwill or reputation, business interruption or other pecuniary loss or for any special, indirect, incidental or consequential damages, even if we, our affiliates, directors, officers, agents, employees, licensors, subcontractors or suppliers have been advised of the possibility of such damages.

In addition, to the extent permitted by applicable law, we (including our parent company, subsidiaries and affiliates and our and their directors, officers, agents, employee, suppliers, subcontractors or licensors) are not liable, and you agree not to hold us responsible, for any damages or losses resulting directly or indirectly from:

1. the information you provide when using the Services;
2. your use of or your inability to use our Services;
3. guidance provided by us;
4. delays or disruptions in our Services;
5. viruses or other malicious software, including, without limitation, Trojans, worms, logic bombs, obtained by accessing or linking to our Services;
6. bugs, errors or inaccuracies of any kind in our Services;
7. damage to your hardware device from the use of products sold or made available on the Service or our Services;
8. the content, actions or inactions of third parties using our Services;
9. a suspension or other action taken by us with respect to your use of the Services; or
10. your need to modify practices, content or behaviour or your loss of or inability to do business as a result of changes to these Terms of Use.

Subject to clause 9.1, if clauses 9.2 or 9.3 are held to be unenforceable or inapplicable for any reason, then the total liability applicable to us, our parent company, subsidiaries and affiliates and our and their directors, officers, agents, employee, suppliers, subcontractors or licensors, to you, whether based on an action or claim in contract, negligence or breach of statutory duty or otherwise, arising out of or in relation to these Terms of Use shall be limited to [US$500].

You agree to indemnify and hold us, our parent company, subsidiaries and affiliates and our and their directors, officers, agents, employee, suppliers, subcontractors or licensors harmless from and against any losses, damages and expenses (including legal fees) arising out of or relating to:

1. any claims or demands made by any third party, including a regulator or government authority, due to or arising out of your use of the Services;
2. your violation of any of provisions of these Terms of Use, including, without limitation, any of the warranties, representations and undertakings;
3. your violation of any applicable laws, including, without limitation, data protection or anti-spam laws; or
4. the manner in which you use our Services, including, without limitation, that your trademarks infringe the Intellectual Property Rights of any third party or that your use of the Service violates any other rights (including privacy rights) of any third party (including other End Users).

SUSPENSION & TERMINATION OF YOUR MEMBERSHIP

Without prejudice to any of our rights and remedies and without any liability to you, we may terminate, limit, suspend or withdraw your access to the Services (effective immediately) and/or remove hosted content submitted by you if:

1. we consider, at our sole discretion that you have breached these Terms of Use in any manner whatsoever;
2. we are required to do so by law (including if we receive a written request by a regulator to cease provision of the Services to you); or
3. there are objectively justified and duly evidenced reasons.

Upon expiry or termination, as the case may be, of these Terms of Use, you shall:

1. comply with your obligations under clause 7; and
2. promptly deliver to us, upon our request, all Confidential Information together with any other data, books, papers, materials and other related property relating to us or relating to these Terms of Use that are in your possession or under your control. No copies of the foregoing items may be retained by you for record purposes, except as required by applicable law.

REPORTING VIOLATIONS OF THESE TERMS OF USE

Our Services may include information and materials uploaded by other users of the Services. This information and these materials have not been verified or approved by us. The views expressed by other users of our Services do not represent our views or values.

We are committed to ensuring that listed items and content on our Site comply with these Terms of Use. If you believe that a listed item or content breaches these Terms of Use, please notify us on the details in clause 12.12 and we will investigate.

We are not responsible for any complaints or disputes about products and/or services provided by any application or third party through which you accessed our Services. You should settle these complaints or disputes with the application provider or third party directly.

GENERAL

Governing Law: These Terms of Use and any non-contractual rights or obligations arising out of or in connection with it shall be governed by and construed in accordance with the laws of the Abu Dhabi Global Market (the “ADGM”).

Dispute Resolution: If you have an issue with our Services, please contact us on the details in clause 12.12. We will endeavour to resolve your issue as soon as possible. You irrevocably agree that the ADGM courts shall have exclusive jurisdiction to settle any disputes or claims arising out of or in connection with these Terms of Use, including any non-contractual rights or obligations arising out of or in connection with this Terms of Use.

Third Party Rights: A person who is not a party to these Terms of Use has no right to enforce any of its term.

Relationship of the Parties: Nothing contained in these Terms of Use will be deemed or construed by the parties or any third party to create the relationship of partnership or joint venture between the parties, it being understood that the parties will at all times remain independent parties contracting for Services.

Further Assurances: The parties will do and execute or arrange for the doing and executing of each necessary act, document and thing reasonably within its power to implement and give effect to these Terms of Use to its full extent, including, without limitation, assisting each other in complying with applicable law.

Assignment: These Terms of Use will be binding upon and enure to the benefit of the parties and their respective successors and permitted assigns. You agree that you will not assign or transfer these Terms of Use or any of your rights or obligations under these Terms of Use, whether directly or indirectly, without first obtaining our prior written consent, such consent not to be unreasonably withheld.

Entire Agreement: These Terms of Use and the documents referred to or incorporated herein by reference contain the entire agreement between the parties with respect to the subject matter and supersede all prior agreements, negotiations and representations, written or oral, relating to its subject matter. Except as provided in these Terms of Use and the documents referred to or incorporated into these Terms of Use by reference, there are no conditions, representations, warranties, undertakings or agreements between the parties whether direct, indirect, collateral, express or implied.

Amendment: These Terms of Use cannot be modified, varied, amended or supplemented in any way by you. We reserve the right to modify, vary, amend or supplement these Terms of Use at any time and from time to time. We will post the current version of these Terms of Use on the Site and each such change will be effective upon posting on the Site or upon the date designated by us as the “effective date” (if any). Your continued use of the Services following any such change constitutes your agreement to be bound by and its acceptance of these Terms of Use as so modified.

Severability: If any provision of these Terms of Use is determined by any court of competent jurisdiction to be invalid, illegal or unenforceable, that provision will be severed from these Terms of Use and the remaining provisions will continue in full force and effect so long as the economic or legal substance of the transactions contemplated hereby is not affected in any manner materially adverse to either of the parties.

Force Majeure: Neither party will be liable for any loss or damage or for any delay or failure in performance due to acts beyond the control of such party whether or not such acts could reasonably be anticipated (including without limitation acts of God, legislative, judicial or regulatory acts of any provincial or the federal government, court or regulatory authority, acts of any of our subcontractors or any third party providers of goods or services to us, labour disruptions, blackouts, embargoes, epidemics, pandemics).

No Waiver: Any waiver by us of any of the provisions of these Terms of Use will not constitute a waiver of any other provision (whether similar or not), nor will any such waiver constitute a continuing waiver of that particular provision, unless expressly provided by us in writing.

Communications: These Terms of Use are issued and concluded in English. Communications between us will be in English and will be conducted by letter, phone or email using the most recent details that you have provided to us. You may contact us at the below details:

1. Address: 14-101, Al Khatem Tower, Abu Dhabi Global Market Sq. United Arab Emirates
2. Email: hello@dapi.co

Survival: The following clauses, and provisions referred to by such clauses, shall survive the termination or expiry of these Terms of Use together with any other provisions which by their nature or are expressed to survive the expiry or termination or are intended or required to give effect to the expiration or termination of these Terms of Use: clauses 6 (Intellectual Property Rights), 7 (Confidential Information), 8 (Warranties, Representations and Undertakings), 9 (Liability and Indemnities), 10 (Suspension and Termination of your Membership), and 12 (General).

Professional Advice: Any information or data contained in or made available through the Services is provided for informational purposes only. Such information or data is not a substitute for the services of qualified professionals. We do not give professional advice and are not in the business of providing legal, financial, accounting, taxation or other professional services or advice. You should take independent financial or other advice from a qualified professional regarding any information or data contained in or made available through the Services.

Export Restrictions: The Services may be subject to the export control laws of, trading embargoes or other trading restrictions imposed by the United States, United Kingdom, European Union and/or the United Nations. You acknowledge that none of the Services may be downloaded or otherwise exported or re-exported, directly or indirectly into any countries that are subject to U.S., UK, EU, United Nations sanctions or other sanctions applicable to the export or re-export of goods and/or service.

Audit: We shall have the right to audit your compliance with these Terms of Use on giving fourteen (14) days’ written notice to you, unless such audit is required:

1. for reasons of actual or suspected fraud, criminal activity or failure to comply with applicable law;
2. by a regulator; or
3. for reasons of actual or suspected non-compliance by you with your security obligations under these Terms of Use,

in which case such audits may be at any time and without restriction.

Information

Our two financial APIs let fintech apps process the following types of information:

If you have any questions about this information or how it is used, please see our privacy policy which is available at here

Last updated: August 10, 2020

Introduction

This Privacy Policy sets out the basis on which any personal data and other information we collect from you or other sources or that you provide to us (“Information”) will be processed by us in connection with your access and use of Dapi (“Site”), services made available to you on our Site (collectively, the “Services”). This Site is not intended for children and we do not knowingly collect data relating to children. We understand the importance you, as a user of our Site, place on the Information provided to us, and we are committed to protecting and respecting your privacy. Please read the following carefully to understand our practices regarding your Information. By using our Services, you agree to the handling of your Information in accordance with this Privacy Policy.

References in this Privacy Policy to “we”, “our” or “us” (or similar) are references to DAPI Ltd, a private limited company by shares registered in the United Arab Emirates (“UAE”) under license number 000003122, with its office located at 14-101, WeWork, 14th Floor, Al Khatem Tower, Abu Dhabi Global Market Square, Al Maryah Island, Abu Dhabi, United Arab Emirates. References to “user” or “you” (or similar) are references to you as an individual or legal entity as the case may be.

INFORMATION WE MAY COLLECT FROM YOU

We may collect, use, store, transfer and process the following Information about you:

OUR USE OF YOUR INFORMATION

We may use Information held about you in the following ways:

1. to provide you with information, products or services that you request from us or which we feel may interest you;
2. to provide you with location-based services, such as advertising, search results and other personalised content;
3. to carry out our obligations arising from any contracts entered into between you and another entity using our Site or between you and us;
4. to improve, operate and maintain our Services and to deliver a better and more personalised service;
5. to ensure that content from our Site is presented in the most effective manner for you and the device you use to access our Site;
6. to comply with a legal obligation;
7. to notify you about changes to our Services;
8. to protect you, developers and our partners from fraud, malicious activity, and other privacy and security-related concerns;
9. to investigate any misuse of our service or developers’ applications, including criminal activity, or other unauthorized access to our services;
10. to develop new services;
11. to verify your identity and the identities of other members of your company or organisation;
12. to bill developers for our Services and to transmit payment;
13. to respond to your comments, questions, inquiries, and customer service requests;
14. to communicate with you about products, services, offers, and events offered or sponsored by us, and to provide news and other information we think may be of interest to you;
15. to monitor and analyze trends, usage, and activities in connection with our Services; and
16. for any other reason which we deem necessary to enhance your experience of the Site.

DISCLOSURE OF YOUR INFORMATION

Information about our customers is an important part of our business. We share customer information only as described below and with group companies that follow practices at least as protective as those described in this Privacy Policy:

1. Affiliated and Partner Businesses, and other Third Parties: To offer you our Services, we may engage with an affiliated or other business, or other third party, that we may or may not control (e.g. marketing companies, developers, payments processers to process online transactions etc.). We will inform you when an affiliated or partner business, or other third party, is involved in your transactions and when we will need to share your Information related to those transactions with them.
2. You understand that it is important that such affiliated and partner businesses, and other third parties, have access to the relevant Information to perform their functions. We will ensure that these affiliated and partner businesses, and other third parties, do not use your Information for other purposes. We may also receive Information from these affiliated and partner businesses, and other third parties (e.g. updated address information), which we may use (e.g. to correct our records).
3. Marketing and Promotional Offers: We may also use your Information to provide you with information about goods and services which may be of interest to you and enhance your Site experience, service messages, new features, enhancements, special offers and events of interest. We may contact you via the following channels: emails, push notifications, web notifications, post, telephone or in-app messages.
4. Business Transfers: In the event that we or substantially all of our assets are acquired (by merger or acquisition), or transferred by way of a reorganisation, customer information will be one of the transferred assets.
5. Protection of Our Site and Others: We release account and other personal information when we believe such a release is appropriate, necessary or required to comply with the law and law enforcement investigations and to protect the rights, property or safety of our users, developers or others. This includes exchanging information with other companies and organisations for fraud protection and credit risk reduction. However, this does not include selling, renting, sharing, or otherwise disclosing personally identifiable information provided by you for commercial purposes in violation of the commitments set forth in this Privacy Policy.
6. With Your Consent: Other than as set out above, you will receive notice when information about you might be sent to third parties, and you will have an opportunity to choose not to share the information.

We may collect, use, and share Information in an aggregated, de-identified, or anonymized manner for any purpose permitted under law. This includes creating or using aggregated, de-identified, or anonymized data based on the collected information to develop new services and to facilitate research.

Note that our Site may, from time to time, contain links to and from the websites of our partner networks, advertisers and affiliates. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data or other information to these websites.

STORAGE OF YOUR INFORMATION

Some of the Information that we collect from you may be transferred to, and stored at, a destination outside of the UAE. It may also be processed by staff operating outside the UAE who work for us or an affiliated or partner business. Such staff may be engaged in, among other things, the fulfilment of your order, the processing of your payment details and the provision of support services.

SECURITY

We take reasonable steps to ensure that your Information is treated securely and in accordance with this Privacy Policy.

We may, for example, use encryption technology to secure your Information during transmission to our Site as well as external firewall and on-host firewall technology to prevent network level attacks.

It is important for you to protect against unauthorised access to your password and to your devices used to access our Services. You are responsible for keeping your password confidential. For example, ensure that you sign off when you have finished using a shared device.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your Information, we cannot guarantee the security of your Information transmitted to our Site; any transmission is at your own risk.

AMENDING YOUR INFORMATION

You may be able to access a broad range of Information about your account and your interactions with the Site for the purpose of viewing and, in certain cases, updating that Information.

Examples of information you may be able to access at the Site include:

1. up-to-date information regarding recent orders;
2. personally identifiable information (including name, e-mail, password, communications and personalized advertising preferences);
3. payment settings (including credit card information); and
4. e-mail notification settings.

You can opt-out of receiving future marketing communications from us at any time by adjusting your customer communication preferences, or the unsubscribe link within the email communication.

Also our system will place cookies when you log on to our Site and this is to ensure you have an enjoyable user experience and are able to utilize all aspects of the Site. You may disable Cookies by changing the settings on your browser. If you disable Cookies, it will affect how our Site works and you may not be able to access or use certain areas of our Site or full functionality. For example, performance cookies collect information about how you use the Site, for instance, which pages you visit most often, which allows us to provide you with targeted and relevant choices that enhance your Site experience.

We may retain a copy of your Information for compliance reasons. When you update Information, we may retain a copy of the prior version for our records. It is important that your Information we hold about you is accurate and current. Please keep us informed if your Information changes during your relationship with us.

DATA RETENTION

We will only retain your Information for as long as reasonably necessary to fulfil the purposes we collected it for, including for the purposes of satisfying any legal, regulatory, tax, accounting or reporting requirements. We may retain your Information for a longer period in the event of a complaint or if we reasonably believe there is a prospect of litigation in respect to our relationship with you.

CHANGES TO OUR PRIVACY POLICY

Our business changes constantly, and our Privacy Policy may therefore also need to change. We will post the current version of this Privacy Policy on the Site and each such change will be effective upon posting on the Site or upon the date designated by us as the “effective date”.

We may e-mail periodic reminders of our notices and conditions, but you should check our Site frequently to see recent changes.

It is your obligation to regularly check the Privacy Policy. Your continued use of the Site following any such change constitutes your agreement to this Privacy Policy as so modified.

CONTACT

If you have any concerns about your Information on the Site, please contact us with a thorough description, and we will try to resolve it. Our customer service contact details are:

1. Address: 14-101, Al Khatem Tower, Abu Dhabi Global Market Sq. United Arab Emirates
2. Email: hello@dapi.co‍
   

Last updated: August 10, 2020

Introduction

These developer terms of use (“Terms of Use”) and all policies and additional terms (if applicable) posted on (www.dapi.co) (our “Site”) set out the terms on which we offer you access to and use of our Site, services and tools as further described in clauses 2.1 to 2.3 (collectively, the “Services”). These Terms of Use are subject to our commercial agreement with you. Save for our commercial agreement with you (if applicable), you can find our policies and additional terms here (“Legal Documents”). These Legal Documents are incorporated by reference into these Terms of Use.

If there is a conflict between these Terms of Use, our commercial agreement with you and any other document incorporated by reference into the Terms of Use, then such conflict shall be resolved by giving precedence to such different parts of these Terms of Use in the following order of precedence (unless agreed to otherwise by us and you in any document incorporated by reference):

1. first, our commercial agreement with you;
2. second, these Terms of Use; and
3. third, any other document incorporated by reference.

By accessing, registering and/or continuing to use or access our Services, you are agreeing to be bound by these Terms of Use and the Legal Documents with immediate effect. You acknowledge that:

1. these Terms of Use apply to third party providers of the web, desktop and/or mobile application used or intended to be used by End Users (as defined below) as made available by or on behalf of the third party provider and which allows the End User to access and use its own financial data in a consolidated way and/or to initiate payment transactions via that application (the “Developer” and also referred to as “you”); and
2. the End User Terms of Use which is available here apply to end users who use the aggregation services through a third-party application, product or service (the “End User”).

If you do not agree to the Terms of Use and the Legal Documents, you must not use or access our Services.

References in these Terms of Use to “you” or “Developer” (or similar) are references to you as an individual or legal entity as the case may be.

To the extent that you use additional services from time to time, you may have to agree to additional terms and conditions as notified to you prior to your access to, and use of, those additional services.

ABOUT OUR SERVICES

We offer two financial APIs, a Data API and Payment API (both defined below), that let apps and others:

1. access its user’s transactional information, account balances and other financial information as described in schedule 1 (the “Data API”); and
2. initiate payments by automating bank transfers – we initiate payment by securely communicating with the relevant service provider providing such services and instructing such service provider to make payment from the End User’s selected account (the “Payment API”).

With respect to the Payment API, we will initiate payment wherever the End User has provided consent through your Developer App unless:

1. incomplete or incorrect information has been given;
2. applicable laws and regulations do not permit and/or inhibit such action from being taken;
3. in our reasonable opinion, the payment may be fraudulent or otherwise unlawful; and
4. we reasonably believe that the End User is not the named account holder.

Our financial APIs have the following use cases, which include (without limitation):

1. categorization of transactional data from multiple bank sources;
2. lenders may make instant, informed decisions by accessing streamlined data;
3. verification of account ownership;
4. facilitation of consumer payments;
5. categorization of bank data in order to build accounting tools; and
6. initiation of bank transfers.

The information provided in the Developer Portal and our Site is intended for use by Developers only. We provide the Developer Portal for the purposes of facilitating testing of the Developer Apps to be used with our APIs. “Developer App” means a software application or component created by you to integrate with our APIs.

We will provide you with a testing facility, including support, for connection and functional testing of the APIs and the Developer App.

Notwithstanding anything to the contrary in these Terms of Use, we reserve the right to introduce new services and update or withdraw any of the Services, in our sole discretion, and we will not be liable to you for exercising this discretion.

ELIGIBILITY AND REGISTRATION REQUIREMENTS

In order to use our Services, you may be required to register as a user on our Services and provide us with certain information.

You are eligible to register as a user of our Services if you meet the following eligibility criteria for business entities:

1. you are a legal entity duly registered in your jurisdiction;
2. you have provided us, in form and substance satisfactory to us, with a current trade licence; any other sector specific licenses that you hold in the jurisdiction(s) in which you intend to use the Services and/or acquire End-Users; and a statement of your regulatory status in such jurisdiction(s) in connection with the services provided by you/the Developer App.
3. you provide proof of authorisation for the individual who will be registering and using the Services; and
4. you provide identification for the authorised person.

In order to register for the Services, you will need to provide us with certain information. Your registration for the Services may not be accepted if you do not provide us with the required information. We reserve the right to decline any registration without further explanation. We also reserve the right to undertake such checks as are necessary to verify your identity, as appropriate.

Once you have successfully completed registration, your registration shall continue for an indefinite period, subject to suspension or termination in accordance with clause 11 of these Terms of Use.

TELECOMMUNICATIONS PROVIDER TERMS

Some of the Services may be available to you through a compatible desktop or mobile device, which may require Internet access and/or additional software to be installed. You acknowledge and agree that you are solely responsible for these technical requirements, including but not limited to:

1. any applicable charges, updates and/or additional fees imposed by your telecommunications provider; and
2. using the Services in compliance with the terms of your agreement with your telecommunications provider.

You also acknowledge that we make no warranties or representations of any kind, express, statutory or implied, as to:

1. any applicable charges, updates and/or additional fees imposed by your telecommunications provider; and
2. using the Services in compliance with the terms of your agreement with your telecommunications provider.

You also acknowledge that we make no warranties or representations of any kind, express, statutory or implied, as to:

1. whether the telecommunications services from your provider will be available and accessible at any time or from any location; and
2. the failure of the telecommunications services to transmit any data, communications or settings in connection with the Services.

YOUR OBLIGATIONS

When using or accessing the Services, you agree that you, your business, your employees, your service providers, and any others acting on your behalf:

1. are responsible for maintaining the confidentiality of, and restricting access to and use of your account, password and API authentication credentials, and accept responsibility for all activities that occur under your account and password;
2. agree to immediately notify us of any unauthorised use of your password, account or API authentication credentials or any other breach of security;
3. will provide at all times true, accurate, current and complete information about yourself and your use of the Services as required by us;
4. will cooperate with our requests for information with respect to your eligibility and usage of our Services; and
5. are responsible for informing End Users of the applicable terms pertaining to the Services and obtaining End User’s written consent to such terms including, for the avoidance of doubt, the End User’s written acknowledgement that their use of the Services may prejudice their rights and legal position under the terms and conditions of any bank or financial institution that is accessed during the provision of ay Service.

You agree that your systems and application(s) must handle End User Data securely. With respect to End User Data, you agree that you, your business, your employees, your service providers, and any others acting on your behalf will follow Good Industry Practice (as defined below) and, at a minimum, must perform the following:

1. maintain best practice with respect to administrative, technical, and physical safeguards that are designed to ensure the security, privacy, and confidentiality of End User Data;
2. use modern and industry standard cryptography when storing or transmitting any End User Data;
3. maintain reasonable access controls to ensure that only authorized individuals that have a business need have access to any End User Data;
4. monitor your systems for any unauthorized access;
5. fix system vulnerabilities in a timely fashion;
6. log and review any events suggesting unauthorized access;
7. plan for and respond to security incidents;
8. comply with relevant legislation, rules and regulations with regard to the type of data you are collecting, processing and/or storing; and
9. specify to End-Users the manner in which End User Data will be used, processed, handled, stored, and/or deleted and obtain the written consent from each End User to use, process, handle, stored, and/or delete their End User Data in the manner prescribed;

“Good Industry Practice” means the degree of skill, diligence, prudence and foresight which would ordinarily be expected to be observed by a skilled and experienced professional entity of international repute engaged in the same or similar type of undertaking as that of you under the same or similar circumstances.

When using or accessing the Services, you agree that you, your business, your employees, your service providers, and any others acting on your behalf will not:

INTELLECTUAL PROPERTY RIGHTS

Except for the rights expressly granted under these Terms of Use:

1. all content included as part of the Services, including but not limited to text, graphics, logos, images, audio clips, digital downloads and software is our property or the property of our licensors. We (or our licensors, as the case may be) retain all rights, title and interest in and to the Services, including, without limitation, all intellectual property rights therein; and
2. all rights, title and interest in and to any information, materials or other content that you provide in connection with your use of the Services, including all intellectual property rights therein, will become our property.

Subject to clause 6.3, we hereby grant you a personal, non-exclusive, non-assignable, non-transferable, non-sub-licensable, revocable licence to install and use our Services on any device (which shall include future updates made available to you from time to time provided you understand that such updates may be subject to additional terms notified to you at the time that such update is made available), subject to your compliance with these Terms of Use. You agree that access to the Service is personal to you, and no third party has any right to use it. We have the right to disable your access to our Services if in our sole opinion you have failed to comply with any of the provisions of these Terms of Use or Legal Documents.

shall use the Services solely for the purposes that are permitted by and as contemplated by these Terms of Use. Without limiting any other provision of these Terms of Use, you agree that you shall not, either directly or indirectly:

1. disseminate, market, license, sublicense, sell, resell, lease, transfer, assign, distribute, time share, let, rent, or sub-authorize any element of the Services;
2. modify, translate, reverse engineer, decrypt, decompile, decode, disassemble, or create derivative works based on our APIs;
3. breach, override or otherwise circumvent any authentication or security mechanisms or other use restrictions that are built into the Services;
4. remove or delete any notices, ownership labels, classified legends or marks from the Services;
5. engage in any action with the Services that destroys or accesses in an unlawful manner the server networks, connections, systems, records, or other assets, tools or services of the DAPI or any related third party;
6. transmit any worms, viruses, Trojan horses, or any other malware, disruptive or harmful software or data through your access to and use of the Services;
7. use the Services or any part thereof for any unlawful or fraudulent purpose or otherwise in any way not permitted by these Terms of Use;
8. obtain or try to obtain or register for itself anywhere in the world any of our Intellectual Property Rights;
9. mislead, confuse, or cause misapprehension or confusion among End Users as to the features, functionality, origin, or other aspects of our APIs, the Services or our Intellectual Property Rights; or
10. in your engagement with End Users, promote or use practices to discourage End Users from using the Services or which discriminate against us.

You agree that you have no right to use any trademark we hold, or may hold in the future, without our prior written consent.

All rights not expressly granted to you in these Terms of Use are reserved and retained by us or our licensors.

In the event that any of our Intellectual Property Rights vest in you, you hereby assign (or shall use reasonable endeavours to assign or procure the assignment) to us all right, title and interest in and to such Intellectual Property Rights.

You represent and warrant that the Developer App and any part thereof including the title, description and content, does not infringe any rights of third parties.

CONFIDENTIAL INFORMATION

For the purposes of these Terms of Use, “Confidential Information” means either party’s (or an End User’s) non-public, confidential, secret or proprietary material and information that has been or may be, directly or indirectly, disclosed to the other party or which the other party has come into the possession or knowledge of, whether in verbal, written, graphic, electronic or other form, in connection with or as a result of entering into these Terms of Use and using the Services.

Each party will maintain the confidentiality of all Confidential Information a party may provide the other party or which you receive as a result of your use of the Services and each party will not release, disclose, use, make available or copy any such Confidential Information without the other party’s prior written consent. Each party may disclose Confidential Information to its employees, agents or subcontractors on a need-to-know basis only. Each party will take reasonable precautions to protect the confidentiality of such Confidential Information. Excluded from this obligation of confidentiality is Confidential Information which:

1. is known or becomes known to the other party directly or indirectly from a third party source not having an obligation of confidentiality to either party;
2. becomes publicly known or otherwise ceases to be secret, proprietary or confidential, except through either party’s breach of these Terms of Use;
3. is independently developed by each party; or
4. is required to be disclosed by a government authority or by law, provided that the disclosing party gives the other party reasonable prior written notice sufficient to permit non-disclosing party to contest such disclosure.

The obligations with respect to Confidential Information shall survive the termination of these Terms of Use.

DATA PROTECTION AND SECURITY

In respect of any personal data processed as part of the usage of your Developer App (“End User Data”), you warrant and undertake that you:

1. have complied, continue to comply and shall in future comply with all data protection laws with respect to your collection, usage, and storage of the End User Data;
2. have obtained and shall in future obtain, any necessary consents required for the processing of End User Data;
3. have given, and shall in future give, any necessary notices to the End Users with respect to your collection and usage of the End User Data; and
4. otherwise have a legitimate ground to process the End User Data as contemplated hereunder.

You acknowledge that we may be required to comply with security standards imposed by banks, card schemes, regulators and payment processors, and, where applicable, you agree to comply and immediately implement any relevant security standards required by us and communicated to you from time to time.

You will treat any End User Data as highly confidential information. You shall:

1. notify us as soon as reasonably possible and, in any event, no later than five business days after you learn of any misappropriation or unauthorized access to, or disclosure or use of, the End User Data, the Developer Apps or the Services (collectively, “Security Breaches”);
2. investigate each Security Breach that you become aware of or have reason to suspect as soon as reasonably possible and, in any event, no later than five business days of becoming aware or having reason to suspect such Security Breach has occurred, and, in the case of an actual Security Breach, provide assistance to us in connection with any reasonable investigation that we may desire to conduct with respect to such Security Breach;
3. notify a competent authority of any Security Breach whenever required to do so (and within the period specified) under applicable law; and
4. implement any steps requested by us to limit, stop or otherwise remedy any actual or suspected Security Breach.

You will be fully responsible for any authorized or unauthorized collection, storage, disclosure and use of, and access to, by any third party, any End User Data

WARRANTIES, REPRESENTATIONS & UNDERTAKINGS

You warrant, represent and undertake that:

LIABILITY & INDEMNITIES

Nothing in these Terms of Use shall limit or exclude a party’s liability:

1. for fraud, including fraudulent misrepresentation, perpetrated by that party;
2. for death or personal injury caused by the negligence of that party; or
3. for any other liability that cannot be limited or excluded under applicable law.

Subject to clause 10.1, in no event will we, our parent company, subsidiaries and affiliates, and our and their directors, officers, agents, employees, suppliers, subcontractors or licensors be liable, whether based on an action or claim in contract, tort, negligence, breach of statutory duty or otherwise, even if foreseeable, arising out of or in relation to these Terms of Use for loss of profits, sales, business or revenue, loss of data or information, loss of anticipated savings, loss of business opportunity, goodwill or reputation, business interruption or other pecuniary loss or for any special, indirect, incidental or consequential damages, even if we, our affiliates, directors, officers, agents, employees, licensors, subcontractors or suppliers have been advised of the possibility of such damages.

In addition, to the extent permitted by applicable law, we (including our parent company, subsidiaries and affiliates and our and their directors, officers, agents, employee, suppliers, subcontractors or licensors) are not liable, and you agree not to hold us responsible, for any damages or losses resulting directly or indirectly from:

1. the information you provide when using the Services;
2. your use of or your inability to use our Services;
3. guidance provided by us;
4. delays or disruptions in our Services;
5. viruses or other malicious software, including, without limitation, Trojans, worms, logic bombs, obtained by accessing or linking to our Services;
6. bugs, errors or inaccuracies of any kind in our Services;
7. damage to your hardware device from the use of products sold or made available on the Service or our Services;
8. the content, actions or inactions of third parties using our Services;
9. a suspension or other action taken by us with respect to your use of the Services; or
10. your need to modify practices, content or behaviour or your loss of or inability to do business as a result of changes to these Terms of Use.

Subject to clause 10.1, if clauses 10.2 or 10.3 are held to be unenforceable or inapplicable for any reason, then the total liability applicable to us, our parent company, subsidiaries and affiliates and our and their directors, officers, agents, employee, suppliers, subcontractors or licensors, to you, whether based on an action or claim in contract, negligence or breach of statutory duty or otherwise, arising out of or in relation to these Terms of Use shall be limited to US$500.

You agree to indemnify and hold us, our parent company, subsidiaries and affiliates and our and their directors, officers, agents, employee, suppliers, subcontractors or licensors harmless from and against any losses, damages and expenses (including legal fees) arising out of or relating to:

1. any claims or demands made by any third party, including an End User, regulator or government authority, due to or arising out of your use of the Services;
2. your violation of any of provisions of these Terms of Use, including, without limitation, any of the warranties, representations and undertakings;
3. your violation of any applicable laws, including, without limitation, data protection or anti-spam laws; or
4. the manner in which you use our Services, including, without limitation, that your trademarks infringe the Intellectual Property Rights of any third party or that your use of the Service violates any other rights (including privacy rights) of any third party (including other End Users).

SUSPENSION & TERMINATION OF YOUR MEMBERSHIP

Without prejudice to any of our rights and remedies and without any liability to you, we may terminate, limit, suspend or withdraw your access to the Services (effective immediately) and/or remove hosted content submitted by you if:

1. we consider, at our sole discretion that you have breached these Terms of Use in any manner whatsoever;
2. we are required to do so by law (including if we receive a written request by a regulator to cease provision of the Services to you); or
3. there are objectively justified and duly evidenced reasons.

Once you stop using the Services in accordance with any agreement you may have with us, you may terminate your account. We may also terminate your account if:

1. you have ceased using the Services for three (3) consecutive months;
2. your agreement with us has expired or been terminated; or
3. we are required to do so by applicable law or a regulator.

After such termination of an account, we may de-provision your access to all End User Data associated with your integration.

Upon expiry or termination, as the case may be, of these Terms of Use, you shall:

1. comply with your obligations under clause 7; and
2. promptly deliver to us, upon our request, all Confidential Information together with any other data, books, papers, materials and other related property relating to us or relating to these Terms of Use that are in your possession or under your control. No copies of the foregoing items may be retained by you for record purposes, except as required by applicable law.

REPORTING VIOLATIONS OF THESE TERMS OF USE

Our Services may include information and materials uploaded by other users of the Services. This information and these materials have not been verified or approved by us. The views expressed by other users of our Services do not represent our views or values.

We are committed to ensuring that listed items and content on our Site comply with these Terms of Use. If you believe that a listed item or content breaches these Terms of Use, please notify us on the details in clause 13.12 and we will investigate.

We are not responsible for any complaints or disputes about products and/or services provided by any application or third party through which you accessed our Services. You should settle these complaints or disputes with the application provider or third party directly.

You shall notify us in writing within seven (7) days of any complaints you receive from End Users that relate to your use of the Services including with respect to any actual or alleged unauthorised transactions.

GENERAL

Governing Law: These Terms of Use and any non-contractual rights or obligations arising out of or in connection with it shall be governed by and construed in accordance with the laws of the Abu Dhabi Global Market (the “ADGM”).

Dispute Resolution: If you have an issue with our Services, please contact us on the details in clause 13.12. We will endeavour to resolve your issue as soon as possible. You irrevocably agree that the ADGM courts shall have exclusive jurisdiction to settle any disputes or claims arising out of or in connection with these Terms of Use, including any non-contractual rights or obligations arising out of or in connection with this Terms of Use.

Third Party Rights: A person who is not a party to these Terms of Use has no right to enforce any of its term.

Relationship of the Parties: Nothing contained in these Terms of Use will be deemed or construed by the parties or any third party to create the relationship of partnership or joint venture between the parties, it being understood that the parties will at all times remain independent parties contracting for Services.

Further Assurances: The parties will do and execute or arrange for the doing and executing of each necessary act, document and thing reasonably within its power to implement and give effect to these Terms of Use to its full extent, including, without limitation, assisting each other in complying with applicable law.

Assignment: These Terms of Use will be binding upon and enure to the benefit of the parties and their respective successors and permitted assigns. You agree that you will not assign or transfer these Terms of Use or any of your rights or obligations under these Terms of Use, whether directly or indirectly, without first obtaining our prior written consent, such consent not to be unreasonably withheld.

Entire Agreement: These Terms of Use and the documents referred to or incorporated herein by reference contain the entire agreement between the parties with respect to the subject matter and supersede all prior agreements, negotiations and representations, written or oral, relating to its subject matter. Except as provided in these Terms of Use and the documents referred to or incorporated into these Terms of Use by reference, there are no conditions, representations, warranties, undertakings or agreements between the parties whether direct, indirect, collateral, express or implied.

Amendment: These Terms of Use cannot be modified, varied, amended or supplemented in any way by you. We reserve the right to modify, vary, amend or supplement these Terms of Use at any time and from time to time. We will post the current version of these Terms of Use on the Site and each such change will be effective upon posting on the Site or upon the date designated by us as the “effective date” (if any). Your continued use of the Services following any such change constitutes your agreement to be bound by and its acceptance of these Terms of Use as so modified.

Severability: If any provision of these Terms of Use is determined by any court of competent jurisdiction to be invalid, illegal or unenforceable, that provision will be severed from these Terms of Use and the remaining provisions will continue in full force and effect so long as the economic or legal substance of the transactions contemplated hereby is not affected in any manner materially adverse to either of the parties.

Force Majeure: Neither party will be liable for any loss or damage or for any delay or failure in performance due to acts beyond the control of such party whether or not such acts could reasonably be anticipated (including without limitation acts of God, legislative, judicial or regulatory acts of any provincial or the federal government, court or regulatory authority, acts of any of our subcontractors or any third party providers of goods or services to us, labour disruptions, blackouts, embargoes, epidemics, pandemics).

No Waiver: Any waiver by us of any of the provisions of these Terms of Use will not constitute a waiver of any other provision (whether similar or not), nor will any such waiver constitute a continuing waiver of that particular provision, unless expressly provided by us in writing.

Communications: These Terms of Use are issued and concluded in English. Communications between us will be in English and will be conducted by letter, phone or email using the most recent details that you have provided to us. You may contact us at the below details:

1. Address: 14-101, Al Khatem Tower, Abu Dhabi Global Market Sq. United Arab Emirates
2. Email: hello@dapi.co

Survival: The following clauses, and provisions referred to by such clauses, shall survive the termination or expiry of these Terms of Use together with any other provisions which by their nature or are expressed to survive the expiry or termination or are intended or required to give effect to the expiration or termination of these Terms of Use: clauses 6 (Intellectual Property Rights), 7 (Confidential Information), 8 (Data Protection and Security) 9 (Warranties, Representations and Undertakings), 10 (Liability and Indemnities), 11 (Suspension and Termination of your Membership), and 13 (General).

Professional Advice: Any information or data contained in or made available through the Services is provided for informational purposes only. Such information or data is not a substitute for the services of qualified professionals. We do not give professional advice and are not in the business of providing legal, financial, accounting, taxation or other professional services or advice. You should take independent financial or other advice from a qualified professional regarding any information or data contained in or made available through the Services.

Export Restrictions: The Services may be subject to the export control laws of, trading embargoes or other trading restrictions imposed by the United States, United Kingdom, European Union and/or the United Nations. You acknowledge that none of the Services may be downloaded or otherwise exported or re-exported, directly or indirectly into any countries that are subject to U.S., UK, EU, United Nations sanctions or other sanctions applicable to the export or re-export of goods and/or service.

Audit: We shall have the right to audit your compliance with these Terms of Use on giving fourteen (14) days’ written notice to you, unless such audit is required:

1. for reasons of actual or suspected fraud, criminal activity or failure to comply with applicable law;
2. by a regulator; or
3. for reasons of actual or suspected non-compliance by you with your security obligations under these Terms of Use,

in which case such audits may be at any time and without restriction.

Information

Our two financial APIs let fintech apps process the following types of information: