These Terms of Service ("Terms") govern your use of the Centmond web app and website. By creating an account you agree to these Terms. How we handle your personal data is described separately in the Privacy Policy, which is information for you rather than something you agree to.
Who we are
Centmond is operated by Seyedmani Hosseinighahroodi (sole proprietor, Einzelunternehmen) based in Germany. The full legal information is on the Imprint page. We can be reached at legal@centmond.com.
Eligibility
You must be at least 18 years old and have full legal capacity to enter into this contract. Centmond holds bank-account and transaction data, so we do not open accounts for minors: we operate no parental-consent process and we do not knowingly accept sign-ups from anyone under 18. If we learn that an account belongs to a minor, we will close it and delete the data.
What the service does
Centmond is a personal finance app that runs in your web browser. It helps you organise transactions, budgets, subscriptions and goals. An optional AI assistant can answer questions about your data. It is not a financial advisor, accountant, or tax preparer. Anything Centmond tells you, including AI-generated suggestions, is informational only and not professional financial, investment, tax, or legal advice. You are responsible for your own financial decisions.
Bank connections
Bank connections are not open to new accounts yet. When they open, Centmond optionally integrates with Enable Banking Oy, a Finnish Account Information Service Provider (AISP) supervised by the Finnish Financial Supervisory Authority (FIN-FSA), so you can connect a bank account and import transactions automatically. The connection is initiated by you and authorised through your bank's own consent flow via Enable Banking. You can revoke the connection at any time from inside the app. Enable Banking's terms and privacy policy apply in addition to ours whenever you use this feature.
Investments tracking
The Investments section is switched off for now. When it is on, the Investments feature uses public market-data providers to fetch current prices for the symbols you record. Prices may be delayed and we do not warrant that a third-party quote is accurate or current. Centmond does not execute trades, hold custody of assets, or provide investment advice.
Beta
While Centmond is marked as beta, the app may contain bugs, change unexpectedly, or be temporarily unavailable, and no availability commitment applies. The beta label describes the maturity of the software; it does not reduce the statutory rights set out under Conformity, updates and warranty below.
Pricing and withdrawal
Premium is not on sale yet, and what this section says about paid plans applies once it is. Centmond is free while it is in beta. A paid Premium plan with more assistant questions a day is planned, and no payment data is collected. Joining its waitlist costs nothing and is not an order. Beta participants will be considered for grandfathered pricing.
Who sells Premium. When Premium is on sale, it is sold by Paddle as reseller and merchant of record, not by us. For buyers in the EU and the UK the seller is Paddle.com Market Limited, London, United Kingdom; Paddle's buyer terms name the Paddle company for buyers elsewhere. Your purchase contract is with Paddle, under Paddle's buyer terms, which you accept in Paddle's checkout. Paddle takes the payment, charges VAT where it applies and issues the invoices. What Premium gives you, and how you may use it, stays governed by these Terms.
Before you order. No paid feature will ever be switched on for you without a separate, explicit order. Before any paid plan starts you are given the pre-contractual information required by § 312d BGB and Art. 246a EGBGB (the total price including tax, the term, and the renewal and notice periods) together with the information about your right of withdrawal.
Withdrawal and refunds. As a consumer you can withdraw from your purchase of Premium within 14 days of buying it, without giving a reason, and you get a full refund. To withdraw, tell us from Help and support in the app, or use the withdrawal and refund options Paddle offers on its billing page and in its buyer terms. You get the full amount back within 14 days of your withdrawal reaching us or Paddle. Paddle pays it, to the payment method you paid with where possible. Nothing is charged today, so there is nothing to refund yet.
Cancelling. Premium renews every month or every year, as you chose, until you cancel. You can cancel at any time in Settings › Membership, which has the cancellation button required by § 312k BGB, or on Paddle's billing page. Premium then stays on until the end of the period you paid for, and nothing more is charged. If there is an important reason, you can instead end it at once in Settings › Membership (an extraordinary cancellation) by telling us the reason; we look at it and reply by email. We confirm every cancellation you make in Settings by email.
AI assistant
This section applies when you choose to use the assistant. You are interacting with an AI system. Answers are generated by a large language model, can be wrong, incomplete, or out of date, and should be checked against your own records before you act on them. The assistant is informational only: it is not financial, investment, tax, or legal advice and it does not give personal recommendations to buy, sell, or hold an investment.
The assistant reads your data to answer your question and it can also prepare changes to it: adding a transaction, editing a budget, renaming a category. It never applies a change on its own: every change is shown to you as a proposal and runs only after you confirm it, and you can undo it afterwards. It runs through our own backend, which passes only the data your question needs to the inference provider named on the Sub-processors page. Every other part of Centmond works without it.
Acceptable use
You agree not to:
- Use Centmond for illegal activity, including money laundering or tax evasion.
- Reverse engineer, decompile, or attempt to extract source code, model weights, or proprietary parts of the service, except as permitted by law.
- Probe, scan, or test the vulnerability of the service without permission, or attempt to disrupt other users.
- Resell, sublicense, or white-label the service without our written permission.
- Use the service to store or transmit content that infringes someone else's rights, including intellectual-property and privacy rights.
- Use the bank-connection feature to access accounts that are not yours or that you are not authorised to view.
Your content
You keep full ownership of the financial data you enter into Centmond. You grant us only the limited rights we need to store that data and show it back to you when you sign in. We do not claim ownership of your transactions, budgets, holdings or notes, and we do not use them to train AI models.
Intellectual property
Centmond, its name, logo, app icons, and the software itself are owned by us. You may not copy, modify, or distribute the software except as these terms permit. Third-party components used in Centmond (such as Next.js, Radix UI, and others) remain the property of their respective owners and are licensed under their own terms.
Third-party services
Centmond relies on third-party services to operate. The full list, with what each one does, the role it plays, and where data is stored, is on the Sub-processors page. Most of them act only on our instructions. A few decide their own purposes for part of what they receive, and their own terms apply to you directly for that part:
- Google: optional "Sign in with Google" authentication.
- Enable Banking: optional bank connections, under its own AISP licence.
- Your browser's push service: optional push notifications. Your browser chooses it, not us.
- Paddle: sells Premium as reseller once it is on sale, under its own buyer terms (see Pricing and withdrawal).
Conformity, updates and warranty
Centmond is a digital service within the meaning of §§ 327 ff. BGB. Those rules apply to you as a consumer even though the service is free, because you provide personal data in return (§ 327 (3) BGB). Being labelled beta or free does not switch them off. Concretely:
- We owe the agreed functionality and the functionality, quality, durability and compatibility that is usual for a service of this kind and that you may expect, for the whole term of the contract.
- We owe the updates, including security updates, needed to keep the service in conformity, and we will inform you about them.
- If the service is not in conformity, you have the statutory remedies under §§ 327i ff. BGB: subsequent performance, and, where the statutory conditions are met, termination of the contract or damages.
- A deviation from the objectively required condition binds you only if we informed you of it specifically before you contracted and you expressly and separately agreed to it (§ 327h BGB).
Beyond that we do not warrant that the service will be uninterrupted or entirely free of errors, and we do not warrant the accuracy of data that third parties supply, such as market prices or transactions delivered by your bank through Enable Banking. Your statutory rights remain unaffected.
Limitation of liability
We are liable without limitation for intent and gross negligence, for injury to life, body or health, under the German Product Liability Act (Produkthaftungsgesetz), and to the extent we have given a guarantee.
For slight negligence we are liable only where we breach a material contractual obligation, meaning an obligation whose fulfilment makes the proper performance of this contract possible in the first place, and on whose observance you may regularly rely. In that case our liability is limited to the damage typical for this kind of contract and foreseeable when it was concluded. Any further liability for slight negligence is excluded.
This section does not limit liability that cannot be limited by agreement, in particular under Art. 82 GDPR, and it does not shift the burden of proof to your disadvantage.
Your responsibility for third-party claims
If a third party brings a claim against us because of content you stored in Centmond or an act you carried out through it, and you are at fault for the underlying breach of these Terms or of the law, you will reimburse the necessary costs of our legal defence. This does not apply where you are not responsible for the breach. We will tell you about such a claim without undue delay and give you the opportunity to comment before we defend it.
Changes to the service
We may develop the service further, and we may change or remove individual features where there is a valid reason (a security or legal requirement, a provider we depend on withdrawing a service, or a feature that is no longer viable to run), provided the change is reasonable for you and does not touch the main features of the contract. We will announce the removal of a feature at least 30 days in advance in the app and by email and give you an export path for the data held in it. The update duty described above is separate and applies in any case.
Changes to these Terms
We may correct obvious errors, make editorial changes that do not alter meaning, and make changes required by law, by a court or authority, or by a security requirement, provided they do not touch the main obligations of this contract. We will tell you about those by email before they take effect.
Anything else needs your agreement, not your silence. A change to what the service is, to a price, or to any other material term of this contract takes effect for you only if you actively agree to it. We will send the new wording by email with the date it is proposed to take effect and a plain note of what changed, and ask you to accept. If you do not answer, nothing changes for you and you keep the terms you have. Continuing to use Centmond is never treated as acceptance.
Changes to the digital service itself, as opposed to these Terms, are governed separately by the statutory rules for digital products, including § 327r BGB. Where such a change impairs your access to or use of the service more than marginally, we will tell you on a durable medium in good time and you have the statutory right to terminate.
Termination
You can stop using Centmond at any time and delete your account from inside the app; that ends the contract immediately, with no notice period. We may terminate the contract by giving you two weeks' notice by email.
We may suspend or terminate access without notice only for good cause, in particular a serious or repeated breach of these Terms, use of the bank-connection feature for accounts you are not authorised to view, or conduct that endangers the service or other users. We will tell you the reason, you may object by email, and before an account is closed for cause we will give you a reasonable opportunity to export your data, unless doing so would be unlawful or would defeat the purpose of the suspension.
Governing law and jurisdiction
These Terms are governed by the law of the Federal Republic of Germany. The UN Convention on Contracts for the International Sale of Goods does not apply. If you are a consumer with your habitual residence in the EEA, this choice of law does not deprive you of the protection of the mandatory provisions of the law of your own country.
If you are a consumer, we may bring a claim against you only before the court of your place of residence, and you may sue us either there or at the court for our place of business. A place of jurisdiction at our place of business applies only where you are a merchant or a legal person under public law, where you have no general place of jurisdiction in Germany, or where you move your residence abroad after this contract is concluded.
Consumer dispute resolution
Centmond is not obliged and not willing to participate in dispute resolution proceedings before a consumer arbitration board (§ 36 (1) No. 1 VSBG). The European Commission's Online Dispute Resolution platform, to which earlier versions of these Terms linked, stopped accepting complaints in March 2025 and was shut down on 20 July 2025.
Contact
Email legal@centmond.com with any question or notice about these Terms.