Terms of use

01

Who these terms are with

These terms are between you and Feesable Technologies. They apply to feesable.ai and to any Feesable hosted environment we open for you to evaluate the product. By using the site you accept them, and if you do not accept them the answer is to stop using it. If you need our registered entity name, legal form or registered address, ask us at the address in clause 12 and we will provide them.

Two clauses carry more weight than the rest and you should read them before you use the site. Clause 10 disclaims warranties and limits what we are liable for. Clause 11 chooses Singapore law and the Singapore courts, and says what that choice does not take away from you.

Where Feesable and your organisation have signed a master services agreement or an order form, that contract governs the platform, including data processing, hosting location, sub-processors, security, audit and regulatory access, service levels and commercial terms. If it conflicts with anything on this page, that contract wins. Where your organisation is regulated, its requirements for outsourced or third party services are addressed in the engagement documents rather than here.

Those engagement documents are also where regulatory access is dealt with. Where a client is regulated, its engagement terms provide for that client's regulator, and auditors appointed by that regulator, to exercise the audit and inspection rights the client's rules require, on the terms set out in those documents. Nothing on this page offers such access to the world at large.

02

What Feesable does and does not do

Feesable builds software infrastructure. Feesable is not a lender, a lending platform, or a credit provider, and holds no balance-sheet exposure to the facilities it serves. Where separately engaged, Feesable also performs calculation, reporting and verification work under a written appointment, acting on the appointing party's instructions with no discretion over lending, pricing or funds. The client configures and operates the software, and decisions on credit, risk and treasury remain with the client.

Feesable is not a broker, an arranger, a collections agent, a payment institution, a financial adviser or an auditor. It contracts with the institutions that license its software or appoint it, not with merchants and not with borrowers.

Feesable never holds, receives, controls or directs client or borrower funds, and holds no mandate, signing right or standing authority over any account through which those funds move. The client authorises every payment instruction, and the client's own bank or licensed payment provider executes it.

Feesable does not arrange, promote or market credit to borrowers, does not decide who receives credit and does not set the price of any facility. Those are the client's decisions, made under the client's own policy and the client's own permissions.

Feesable does not contact borrowers to collect a debt, does not collect any debt on behalf of a creditor and has never acquired a debt. Where the platform sends a message about a payment, it is sent in the client's name, on the client's instructions, using content the client controls.

Feesable does not provide legal services or legal advice. Documents are assembled from the templates and terms the client supplies, and the client and its advisers are responsible for the content of any document it issues and for any translation of it.

The words agency and agent in the names of our services describe calculation and verification roles under a facility. Feesable is not a commercial agent, a distributor or a representative of any person within the meaning of any commercial agency law, and does not act as agent for any lender or borrower in offering, granting, marketing, processing or collecting credit.

An appointment of Feesable confers no authority to bind or contract for the appointing party, to grant waivers, to accept or serve notices, to receive or direct funds, to exercise discretion, or to make any decision on its behalf. Appointment and mandate are the ordinary words for the role, and they carry none of those powers here.

If you found us through a lender you borrowed from, we are not your lender. Your agreement is with them, and questions about your loan, your balance or your payments need to go to them.

03

No advice, no reliance and no assurance

Outputs produced on the platform or by our services, including borrowing base certificates, compliance certificates, covenant calculations, pool stratifications, servicer reports and verification statements, are computations performed on data supplied by or for the appointing party, using the parameters and the facility documents that party provides. They are information. They are not a recommendation, and they are not advice on any investment, security, derivative, hedging arrangement or financing decision.

Feesable is not licensed under the accounting and auditing profession law of any market in which it operates, and does not hold itself out as licensed. Nothing we produce is an audit, a review, an assurance engagement, an attestation, an examination, an opinion, or an agreed-upon procedures or other related services engagement, and nothing we produce is issued under any auditing, review, assurance or related services standard. Where our material describes work as independent, that describes the source of the evidence and the fact that the checks do not depend on the originator's own reporting, not the giving of an assurance opinion.

Every output is produced for the party or parties that appointed us, for the purpose recorded in that appointment. Each one carries a legend on its face, and these are the words it uses. This document was produced by Feesable Technologies for the appointing party named above, for the purpose recorded in the appointment. It is computed from data supplied by or for that party and is not an independent verification of the truth of that data. Feesable owes no duty of care to any other recipient and invites no reliance by any person who is not a party to the appointment.

If you have received an output from someone else, you have received it from them and not from us, and the legend on it says so. We do not invite reliance on it by any person who is not a party to the appointment, we accept no duty of care to any such person, and any lender, investor or counterparty considering a transaction should carry out its own diligence and take its own advice.

An output is only as good as the data behind it. Where the data supplied to us is incomplete, inaccurate or out of date, the computation will carry that through, and we do not warrant the accuracy or completeness of information we did not create.

04

Illustrative figures and forward-looking statements

Every interface, chart, table, screenshot and figure on this website is illustrative and synthetic. The numbers are examples chosen to explain how the product works. They are not drawn from any real client facility, they are not client data, and they are not a forecast or a representation of any result you will get.

No figure, rate, fee, tenor or repayment schedule shown anywhere on this site is an offer of credit, an invitation to apply for credit or a quotation. Credit terms are set by the lender, under its own policy and its own permissions.

Nothing on this website is an offer of, or an invitation to subscribe for or purchase, any security or other interest in Feesable Technologies. Where the site invites investor contact, it is an invitation to get in touch and nothing more, and any discussion of investment is handled privately and outside this site.

Where a page describes an outcome, such as headroom released, a launch timeframe or reporting effort removed, read it as an example of the mechanism rather than a promise about your facility or your programme. Descriptions of capability and of what we plan to build reflect our current intentions, and they may change without notice.

05

Using the site and demonstration environments

You may read, print and share this site for your own business purposes. You may not use it to break the law, to interfere with the site or with anyone else's use of it, to scan or probe it for weaknesses without our written permission, or to present our material as your own.

By using the site you agree to five things, and these are obligations you take on rather than only rights we reserve. You will not circumvent authentication or any technical measure we use. You will not access the site at a rate or volume that degrades it for anyone else. You will not systematically retrieve the site, or reconstruct it or any database within it. You will not republish or redistribute its content. You will not remove attribution from anything you are permitted to share.

We do not authorise automated access to this site, including collection for the purpose of building, training or fine tuning a machine learning model, without our written permission. Access outside the conditions in this clause is access we have not authorised.

If we have given you access to a demonstration or evaluation environment, use it only to evaluate Feesable, keep your credentials to yourself, and do not load real borrower records or real personal data into it. We may ask you to accept these terms, or terms written for that environment, at the point access is granted and again if they change materially. That environment is provided as it is, with no commitment as to availability, support, retention or service levels of any kind, and we may change or withdraw it at any time.

06

Reporting a security issue

If you find a security issue on this site or in an environment we have given you access to, please tell us before you tell anyone else. Write to legal@feesable.ai with the word Security in the subject line and enough detail for us to reproduce the problem.

We will not pursue a claim against anyone who reports a genuine issue in good faith, gives us a reasonable opportunity to fix it before disclosing it, accesses no more data than is needed to demonstrate the problem, and does not degrade or disrupt the service. We ask that you do not access, modify or retain anyone else's data.

We do not operate a bug bounty and we do not pay for reports. We do not commit to a response time or to a remediation timetable, though we will take a genuine report seriously and will tell you how we have dealt with it where we can.

07

Intellectual property

The platform, this site, the design system behind it, the documentation, and the Feesable name and marks belong to Feesable Technologies or to its licensors. Nothing on this site transfers any of that to you, and nothing here grants you a licence to use our marks.

Data a client puts into the platform remains that client's. We claim no ownership of it, and the only rights we have to use it are the ones the engagement grants us.

If you send us feedback, suggestions or ideas about the product, we may use them freely and without obligation to you. Please do not send us anything you consider confidential through the routes on this site.

08

Third-party links, backers and marks

This site links to places we do not control. We are not responsible for their content, their availability or their privacy practices, and a link from us is not an endorsement of them or of anything they say.

Where we name an investor, a fund or a programme, we are stating a fact about our own history, and we use those names and marks to state that fact and with permission where permission is required. The named party does not endorse Feesable, has not reviewed this site or our products, and does not stand behind anything said here or any output of our software. Membership of a technology or accelerator programme is a programme membership and is not an investment in Feesable, and should not be read as one.

Third party names and marks that appear on this site belong to their respective owners and are used to identify them.

09

Sanctions and eligibility to use the site

This site, and any evaluation access we grant, are not offered to any person where doing so would breach applicable sanctions or export control laws. By using the site or an evaluation environment, you confirm that you are not a restricted or sanctioned party, that you are not owned or controlled by one, and that you are not acting for or on behalf of one. We may decline or withdraw access on that basis without giving reasons.

Feesable does not perform sanctions screening, customer due diligence or beneficial ownership checks for anyone. Where the platform connects to registry, sanctions or beneficial ownership data sources, those checks are selected, configured and run by the client using providers the client chooses. Responsibility for anti-money laundering and counter-terrorist financing compliance, including customer due diligence and screening, remains with the client and is not discharged, shared or reduced by anything Feesable provides.

10

Disclaimers and limitation of liability

The site is provided as it is. We work to keep it accurate and available, but we do not warrant that it will be uninterrupted or error free, that the information on it is complete or current, or that it is fit for any particular purpose. We may change, remove or withdraw this website and any content on it without notice, and that applies to the website only, not to anything we have separately undertaken to provide to you.

So far as the law allows, Feesable is not liable for indirect or consequential loss, or for loss of profit, revenue, goodwill, data, business opportunity or anticipated savings, arising from your use of this site or of any evaluation environment, however that loss arises.

Nothing in these terms excludes or limits any liability that cannot lawfully be excluded or limited under the law that applies to you. That includes liability for fraud or fraudulent misrepresentation, liability for death or personal injury caused by negligence, and any right you have under consumer protection, electronic commerce or data protection law that applies to you regardless of the governing law chosen below. Where such a law gives you a right, these terms do not take it away.

If you are a client, the liability provisions in your master services agreement apply to the platform and to the services in place of this clause.

11

Changes and governing law

We may update these terms and the content of this site. The date recorded at the top of this page is the effective date of the current version, and continuing to use the site after a change means you accept it. That right to change applies to this website and to these terms only. It does not reach platform terms, hosting location, sub-processors, security commitments or service levels, which change only under the engagement. Where a change is material to clients, we give notice through the channel the engagement specifies rather than relying on this page.

Where we have given you access to an evaluation environment, we will ask you to accept the current terms again when they change materially, rather than relying on the date at the top of this page.

These terms, and any dispute arising out of them or out of your use of this site, are governed by the laws of Singapore, and the courts of Singapore have exclusive jurisdiction. That choice is made expressly subject to the mandatory rights and protections of the law of the place where you are.

Choosing Singapore law does not displace data protection, consumer protection, electronic commerce or regulatory rules that apply to you or to us regardless of what these terms say. Where the law of your own jurisdiction gives you a mandatory right, or gives you the right to bring proceedings there, this clause does not remove it.

One exception runs in our favour only. We may apply for interim, injunctive and other protective relief in any court of competent jurisdiction, including where the conduct or the person we need to restrain is outside Singapore. That right is ours and not yours, and using it does not waive anything in this clause.

You consent to service of process out of Singapore, and you agree that we may serve documents on you at the last electronic address you gave us. Documents may be served on us at legal@feesable.ai.

12

Contact

Questions about these terms go to legal@feesable.ai, with the word Terms in the subject line. If you need our registered entity name, legal form or registered address, ask at the same address and we will provide them.

Requests about personal data, and anything covered by our privacy policy, should go to the route set out in that policy rather than here, so that they reach the right person and are handled within the periods that policy sets.