Terms of Service

1. About Plutus

Plutus is a personal finance and budgeting application provided by Telotek Ltd ("Telotek", "we", "us", or "our"), a company registered in England and Wales.

The Service includes the Plutus web application at plutusfinance.app, along with any associated content, features, and functionality (collectively, the "Service").

2. Accepting These Terms

By creating an account or using the Service, you confirm that you accept these Terms of Service and agree to comply with them. If you do not agree to these terms, you must not use the Service.

These terms should be read alongside our Privacy Policy, which explains how we collect, use, and protect your personal data.

3. Your Account

Eligibility

You must be at least 18 years old to create an account and use Plutus. By creating an account, you represent and warrant that you meet this age requirement.

Account Security

You are responsible for maintaining the confidentiality of your account credentials, including your password and any two-factor authentication methods. You must notify us immediately if you believe your account has been compromised.

You are responsible for all activity that occurs under your account. We reserve the right to disable any account at any time if, in our opinion, you have violated any provision of these terms.

Account Information

You must provide accurate and complete information when creating your account and keep it up to date. We may suspend or terminate accounts where information provided is inaccurate or incomplete.

4. The Service

Plutus is a personal finance management tool that allows you to:

• Track income, expenses, and account balances
• Create and manage budgets
• Categorise transactions manually or via bank connections
• View financial insights and reports
• Share financial data with household members

The Service is intended for personal, non-commercial use only. You may not use the Service for any commercial purpose without our prior written consent.

We may update, modify, or discontinue features of the Service from time to time. Where we make material changes that adversely affect you, we will endeavour to provide reasonable notice.

5. Subscriptions & Payments

Free Trial

We may offer a free trial period when you first sign up for Plutus. The length and terms of the trial will be communicated to you at the time of registration. During the trial, you will have full access to the Service. If you do not purchase a subscription before the trial expires, your access to paid features will end.

Subscription Plans

After the trial period, continued access to Plutus requires a paid subscription. We offer monthly and annual subscription plans. Current pricing is available on our pricing page.

Payment Processing

All payments are processed by Paddle, our merchant of record. Paddle handles payment processing, tax calculation, and invoicing on our behalf. By purchasing a subscription, you also agree to Paddle's terms of service. We do not collect or store your payment card details.

Automatic Renewal

Your subscription will automatically renew at the end of each billing period unless you cancel before the renewal date. You will be charged the then-current subscription price at renewal. We will notify you before any price increase takes effect.

Cancellation

You may cancel your subscription at any time through your account settings. Upon cancellation, you will retain access to the Service until the end of your current billing period. We do not typically offer refunds for the remaining portion of a billing period.

Cooling-Off Period

If you are a consumer in the UK or EEA, you may have the right to cancel your subscription within 14 days of purchase under applicable consumer protection law, provided you have not yet used the Service. By agreeing to these terms and accessing the Service immediately after purchase, you acknowledge that you may lose this cooling-off right once you begin using the Service.

6. Bank Connections

Plutus offers optional bank account connections through Plaid. If you choose to connect a bank account:

• You authorise Plaid to access your bank account data on your behalf
• Your banking credentials are provided directly to Plaid — Plutus never sees or stores them
• Plaid provides us with read-only access to your account balances and transaction data
• You can disconnect a linked account at any time

By using bank connections, you agree to Plaid's privacy policy and end user services agreement.

Bank connections are optional. You can use Plutus entirely through manual data entry without connecting any bank accounts.

We are not responsible for the accuracy or timeliness of data retrieved from third-party financial institutions via Plaid. Financial data displayed through bank connections may not reflect your most recent transactions or balances.

7. Households & Shared Access

Plutus allows you to create or join a household to share financial data with other members.

• If you create a household, you are the owner and are responsible for managing its members
• All members of a household can view shared budgets, transactions, and categories
• Your personal account details (such as your email or password) are never shared with other members
• You can leave a household at any time

By inviting others to your household, you acknowledge that they will have access to the shared financial data within it.

8. Your Data

You retain ownership of all financial data and content you enter into Plutus. We do not claim any ownership rights over your data.

By using the Service, you grant us a limited licence to store, process, and display your data solely for the purpose of providing the Service to you and any household members you choose to share it with.

You may export your data or request deletion of your account at any time. For more details on how we handle your data, please refer to our Privacy Policy.

9. Acceptable Use

You agree to use the Service only for lawful purposes and in accordance with these terms. You must not:

• Use the Service in any way that violates any applicable law or regulation
• Attempt to gain unauthorised access to any part of the Service, its servers, or any connected systems
• Use any automated system, including bots, scrapers, or spiders, to access the Service
• Introduce viruses, trojans, worms, or other malicious software
• Interfere with or disrupt the integrity or performance of the Service
• Use the Service to transmit any unsolicited or unauthorised advertising or promotional material
• Impersonate any person or entity, or misrepresent your affiliation with any person or entity
• Use the Service to develop a competing product or service

Failure to comply with these rules may result in suspension or termination of your account without notice.

10. Intellectual Property

The Service and its entire contents, features, and functionality — including all information, software, text, graphics, and design — are owned by Telotek Ltd or its licensors and are protected by copyright, trademark, and other intellectual property laws.

We grant you a limited, non-exclusive, non-transferable licence to use the Service for your personal, non-commercial use, subject to these terms.

You must not reproduce, distribute, modify, create derivative works of, publicly display, or otherwise exploit any part of the Service without our prior written consent.

11. Not Financial Advice

Plutus is a tool for tracking and managing your personal finances. It is not a financial institution, financial advisor, accountant, or tax advisor.

Any information, insights, or suggestions provided through the Service are for general informational purposes only and do not constitute financial, investment, tax, or legal advice. You should seek appropriate professional advice before making any financial decisions.

We do not recommend or endorse any specific financial products, investments, or strategies. We are not responsible for any financial decisions you make based on information displayed in Plutus.

12. Third-Party Services

The Service integrates with and relies upon third-party services to operate. These include, but are not limited to:

• Paddle — Payment processing and subscription management
• Plaid — Bank account connections (optional)

Your use of these third-party services may be subject to their own terms and conditions. We are not responsible for the actions, content, or practices of any third-party service provider.

The Service may contain links to third-party websites or resources. We provide these links for convenience only and are not responsible for their content or availability.

13. Service Availability

We aim to keep the Service available at all times, but we do not guarantee uninterrupted access. The Service may be temporarily unavailable due to maintenance, updates, or circumstances beyond our control.

We are not liable for any loss or damage arising from the Service being temporarily unavailable.

14. Limitation of Liability

The Service is provided on an "as is" and "as available" basis. To the extent permitted by applicable law, we make no warranties, express or implied, regarding the Service, including but not limited to warranties of merchantability, fitness for a particular purpose, or non-infringement.

We shall only be liable for losses that are reasonably foreseeable and caused by our breach of these terms or our negligence. We are not liable for:

• Any indirect, incidental, special, or consequential damages
• Loss of profits, business, or anticipated savings
• Loss or corruption of data beyond what is within our reasonable control
• Any losses arising from your use of third-party services
• Financial decisions you make based on information displayed in the Service

Our maximum aggregate liability to you in respect of the Service shall not exceed the total amount you have paid to us in the twelve (12) months preceding the claim, or one hundred pounds sterling (£100), whichever is greater.

Nothing in these terms excludes or limits our liability for death or personal injury caused by our negligence, fraud or fraudulent misrepresentation, or any other liability that cannot be excluded or limited under applicable law.

15. Termination

By You

You may stop using the Service and delete your account at any time through your account settings. If you have an active subscription, cancellation will take effect at the end of your current billing period.

By Us

We may suspend or terminate your access to the Service with immediate effect if:

• You breach these terms, including the acceptable use rules
• We suspect fraudulent or illegal activity on your account
• Any outstanding fees remain unpaid for more than 30 days
• We reasonably believe the security or integrity of the Service is at risk

Where reasonably possible, we will provide notice before terminating your account so that you may export your data.

16. Changes to These Terms

We may update these terms from time to time. When we make material changes, we will notify you by email or by posting a notice within the Service.

Your continued use of the Service after changes take effect constitutes your acceptance of the updated terms. If you do not agree with any changes, you should stop using the Service.

The latest version of these terms will always be available on this page.

17. Governing Law

These terms are governed by and construed in accordance with the laws of England and Wales. The English courts will have jurisdiction over any disputes arising from or in connection with these terms.

If you are a consumer resident in another jurisdiction, this does not affect any mandatory legal rights you may have under the laws of your country of residence that cannot be excluded by contract.

18. Contact Us

If you have any questions, concerns, or complaints regarding these Terms of Service, please get in touch:

If you have a complaint and we are unable to resolve it informally, we will suggest an appropriate dispute resolution service based on the nature of the complaint and your location.