Introduction
Welcome to Bibiis. These Terms of Service ("Terms") govern your use of the Bibiis platform, including the web application, mobile application, and all related services (collectively, the "Service"), operated by NVP Tech Srls, a company registered in Italy ("we", "us", "our", or "Bibiis").
By accessing or using the Service, you agree to be bound by these Terms. If you do not agree, please do not use the Service.
Description of the Service
Bibiis is a personal finance management platform that provides:
- Multi-bank account aggregation via open banking (PSD2)
- Automatic transaction categorization powered by artificial intelligence
- Financial dashboard with overview of income, expenses, and net worth
- Automatic detection of recurring payments and subscriptions
- AI-powered financial assistant for analysis and questions about your data
- Financial goal setting and tracking
No Financial Advice
IMPORTANT: Bibiis is NOT a financial advisor, asset manager, financial intermediary, or credit institution. Bibiis does not provide financial, tax, legal, or investment advice of any kind. We do not manage, invest, transfer, or hold money or assets on behalf of users.
- No advisory services: All information, analyses, categorizations, and insights provided by Bibiis are for informational and personal organizational purposes only. They do not constitute and should not be interpreted as financial, investment, tax, or legal advice.
- No asset management: Bibiis does not manage, invest, transfer, custody, or hold money, securities, or any other financial assets on behalf of users. We do not have transactional access to your bank accounts: we access them exclusively in read-only mode to retrieve balances and transaction history.
- No decision-making responsibility: Any financial decision made by the user based on information displayed on Bibiis is the sole responsibility of the user. We recommend consulting a qualified professional before making important financial decisions.
- AI assistant: The AI financial assistant integrated into Bibiis provides analyses and responses based on your transaction data. Its responses are automatically generated and do not represent professional advice. The AI may make mistakes.
User Account
4.1 Registration
To use the Service, you must create an account by providing accurate and complete information. You are responsible for maintaining the confidentiality of your login credentials and for all activities that occur under your account.
4.2 Age Requirements
You must be at least 18 years old to use Bibiis. By using the Service, you represent that you are at least 18 years of age.
4.3 Account Security
You agree to notify us immediately of any unauthorized use of your account or any other security breach. We will not be liable for any losses arising from the unauthorized use of your account.
Bank Connection and Open Banking
Bibiis uses authorized Account Information Service Providers (AISPs), such as Tink and/or Salt Edge, to connect to your bank accounts in compliance with the PSD2 Directive.
- Access to your banking data is exclusively in read-only mode (Account Information Services)
- We cannot make payments, transfers, or any transactional operations on your accounts
- The bank connection requires your explicit consent and can be revoked at any time
- Your banking login credentials are never stored on our servers: authentication takes place directly through your banking institution
Use of the Service
6.1 Permitted Use
You agree to use the Service exclusively for managing your personal finances and in compliance with applicable laws.
6.2 Prohibited Use
You may not:
- Use the Service for illegal, fraudulent, or unauthorized purposes
- Attempt to access other users' data or our systems in an unauthorized manner
- Reproduce, distribute, or create derivative works from the Service without written authorization
- Use automated systems (bots, scrapers) to access the Service
- Interfere with the operation of the Service or compromise its security
Intellectual Property
The Service, including software, design, logos, text, and all content created by Bibiis, is the exclusive property of NVP Tech Srls and is protected by copyright and intellectual property laws. You do not acquire any ownership rights in the Service.
Your personal and financial data remains your exclusive property. We process it under a limited license solely for the purpose of providing the Service as described in these Terms and our Privacy Policy.
Data and Privacy
The collection and processing of your personal data is governed by our Privacy Policy. The Privacy Policy forms an integral part of these Terms.
In summary: we collect only the data necessary to provide you with the Service, we process your financial data in compliance with GDPR and PSD2, and we do not sell or share your data with third parties for marketing purposes.
Data Accuracy
Bibiis strives to provide accurate information based on data received from your banking institutions. However:
- We do not guarantee the accuracy, completeness, or timeliness of the financial data displayed, as it depends on the availability and correctness of information provided by banks
- Automatic transaction categorization via AI may contain errors. Users are encouraged to verify categorizations
- Net worth and other aggregate calculations are estimates based on available data and may not reflect your complete financial situation
Limitation of Liability
The Service is provided "as is" and "as available". To the maximum extent permitted by applicable law:
- Bibiis shall not be liable for any direct, indirect, incidental, special, or consequential damages arising from the use of or inability to use the Service
- We shall not be liable for financial decisions made based on information provided by the Service
- We shall not be liable for service interruptions, data loss, or errors in transaction categorization
- Our total aggregate liability shall not exceed the amount you have paid for the Service in the 12 months preceding the event giving rise to the claim
Termination
You may stop using the Service and delete your account at any time from your profile settings or by contacting us at support@bibiis.ch.
We reserve the right to suspend or terminate your account in the event of a violation of these Terms, fraudulent use, or if required by law.
Upon account deletion, your data will be removed in accordance with our Privacy Policy, subject to any applicable legal retention requirements.
Modifications to the Terms
We reserve the right to modify these Terms at any time. We will notify you of material changes via the app or by email. Your continued use of the Service after notification constitutes acceptance of the modified Terms.
Governing Law and Jurisdiction
These Terms are governed by the laws of Italy. Any disputes arising from or relating to these Terms shall be subject to the exclusive jurisdiction of the courts of Lugano, without prejudice to mandatory consumer rights under applicable law.
For consumers residing in the European Union, the option to use the European Commission's Online Dispute Resolution (ODR) platform remains available at ec.europa.eu/consumers/odr.
Contact Us
For questions, requests, or reports related to these Terms of Service, you may contact us:
NVP Tech Srls
Email: support@bibiis.ch
Website: bibiis.ch