Terms of Service

Last updated: March 27, 2026

These Terms of Service ("Terms") govern your use of OpenFi ("the app," "we," "our"). By purchasing or using OpenFi, you agree to these Terms.

1. What OpenFi Is (and Isn't)

OpenFi is a personal finance management tool. It helps you track spending, categorize transactions, set goals, and analyze your finances using AI.

OpenFi is NOT a financial advisor. The app does not provide investment advice, tax advice, financial planning, or any form of professional financial guidance. AI-generated insights, reports, and categorizations are for informational purposes only. Always consult a qualified financial professional before making financial decisions.

2. Pricing and Payment

OpenFi offers two pricing options:

One-Time Purchase (BYOK)

• Single payment for lifetime access to the app
• You provide your own Google Gemini API key for AI features
• No recurring charges from OpenFi (you may incur charges from Google for API usage)

Annual Subscription

• Yearly payment for access to the app plus server-proxied AI features
• No API key setup required — AI features work out of the box
• Subject to reasonable usage limits (rate limiting)
• Subscription auto-renews unless cancelled

Refunds

Purchases made through the Apple App Store are subject to Apple's refund policy. To request a refund, contact Apple through the App Store or https://reportaproblem.apple.com.

3. Your Account

• You must be at least 18 years old to use OpenFi
• You are responsible for maintaining the security of your account credentials
• You are responsible for all activity under your account
• One license is for one user on their personal devices

4. Your Data

• Ownership: Your financial data belongs to you. OpenFi does not claim any ownership of your data.
• Local storage: Your financial data is stored on your device, not on our servers. See our Privacy Policy for details.
• Export: You can export your data at any time using the built-in export feature.
• Deletion: Uninstalling the app removes all local data. Contact us to delete server-side account data.

5. Third-Party Services

OpenFi integrates with third-party services (Plaid, Google Gemini, Stripe, Yahoo Finance). Your use of these services is subject to their respective terms and privacy policies. We are not responsible for the availability, accuracy, or practices of third-party services.

Bank connectivity through Plaid requires you to authorize access to your financial accounts. You can revoke this access at any time.

6. Acceptable Use

You agree not to:

• Reverse engineer, decompile, or disassemble the app
• Use the app for any illegal purpose
• Attempt to circumvent rate limits or usage restrictions
• Share your subscription access with others
• Use the app's AI features to generate harmful, deceptive, or illegal content

7. Accuracy and Reliability

• Transaction data: We rely on Plaid and your financial institutions for transaction data. We do not guarantee the accuracy, completeness, or timeliness of this data.
• AI categorization: Transaction categories are assigned by AI and may be incorrect. You should review and correct categories as needed.
• Calculations: While we strive for accuracy in financial calculations (net worth, spending totals, goal progress), we do not guarantee their correctness. Verify important figures independently.
• Availability: We do not guarantee uninterrupted access to the app or third-party services.

8. Limitation of Liability

To the maximum extent permitted by law, OpenFi and its developers shall not be liable for:

• Any financial losses or damages resulting from use of the app
• Inaccurate transaction data, categorizations, or calculations
• Actions taken based on AI-generated reports or insights
• Unavailability of third-party services (banks, Plaid, Gemini)
• Loss of data due to device failure, software bugs, or user error

Our total liability shall not exceed the amount you paid for the app in the 12 months preceding the claim.

9. Subscription Terms

For annual subscription users:

• Subscriptions are billed annually through the Apple App Store
• Subscriptions auto-renew unless cancelled at least 24 hours before the renewal date
• You can manage or cancel your subscription in your Apple ID account settings
• If you cancel, you retain access until the end of your current billing period
• We reserve the right to change subscription pricing with 30 days' notice

10. Termination

• You may stop using OpenFi at any time by uninstalling the app
• We may terminate or suspend your access if you violate these Terms
• Upon termination, your local data remains on your device

11. Changes to These Terms

We may update these Terms from time to time. Material changes will be communicated through the app or by email. Continued use of the app after changes constitutes acceptance of the updated Terms.

12. Governing Law

These Terms are governed by the laws of the United States. Any disputes shall be resolved in the courts of the state where the developer resides.

13. Contact

For questions about these Terms:

• Email: support@tryopenfi.com