Legal
Terms of use
These terms say what Valnivo is, what it is not, and what you and Valnivo Labs each take on when you use it. They are written to be read. Before you first use the app, on the web or from an app store, you are shown a short notice and asked to accept these terms and the privacy notice; if you do not accept them, do not use the app. Valnivo is an early-stage service: features may change or be withdrawn, and it is provided as it is.
1. Who offers Valnivo
Valnivo is developed and offered by Valnivo Labs, based in Luxembourg. Valnivo Labs is a trade name, not a registered company. Contact: contact@valnivo.eu.
Where it is offered. Valnivo is offered from Luxembourg to residents of the European Economic Area. It can be used from anywhere, and the countries in its list are places your money can be, not places the service is directed at. If you use it from outside the European Economic Area you may do so, but the service is not addressed to your country, nothing in it is adapted to that country's law, and Valnivo Labs does not offer it there. The mandatory consumer protections of the country where you live still apply to you wherever that is (section 9).
2. What Valnivo is
Valnivo is a personal financial planning tool. You type in what you earn, spend, own and plan; the app shows where those figures could lead over 10, 20 or 30 years under assumptions you can see and change, and lets you compare alternatives. It is free. Some features are grouped under "Valnivo Plus", which may become payable one day — on Valnivo Labs' own estimate not for at least two to three years; nothing is charged without a clear, separate purchase.
2a. Donations
Valnivo may invite a voluntary donation. If you make one, it is a gift toward a free personal project, and it buys nothing: no tier, no feature, no discount, no early access, no priority of any kind, and no say in what is built. It grants you no entitlement and it is not a purchase, so nothing is supplied to you in return and there is nothing to deliver, refund as undelivered, or claim later.
A donation is taken on a payment page hosted by Stripe, not by Valnivo. You leave this site to make it, Stripe collects whatever it needs to take the payment, and Valnivo receives an amount and no card details. Giving is entirely your choice: the app works identically whether you give or not, nothing is withheld from anyone who does not, and you will not be asked again on account of having given or not given.
2b. Money lent between two people
You may record money you lent another Valnivo user, and they may sign it. Valnivo is not a party to it. It holds and moves no money, charges no interest, and does not enforce, collect or guarantee anything. What the two of you sign is a record of what you say you agreed. The record and its documents are not a loan agreement and are not legally binding; whatever the two of you actually agreed is a matter for the law that applies to you, which Valnivo does not decide, and Valnivo gives no advice about it. Once both of you have signed, it cannot be changed or withdrawn — by either of you or by Valnivo. A mistake is corrected: the lender proposes the corrected terms as a new version, which replaces the old one only once the borrower has signed it too. It stays when either account is deleted, and it is deleted as the privacy notice says: after the loan is closed and both of you hold your own copy; a proposal nobody signed is deleted two weeks after it was made. Record only a loan that happened, with a person who agrees to be named in it; you are responsible for what you write. You may not use this record to impersonate a bank or another lender, to invent a loan, or to present Valnivo as the lender, a party, or an authority behind it. Valnivo may refuse a record, stop an account from using this record, keep the seal and the signed history where it suspects abuse, and give that evidence to a competent authority where the law requires it.
3. What Valnivo is not
- It is not financial, investment, tax, pension or legal advice. Nothing in the app, in its guides or in its notifications is a recommendation to buy, sell, hold, save, borrow or do anything else with your money. It shows arithmetic on your own inputs; you decide what to do with it. For advice, talk to a licensed professional who knows your situation.
- It does not handle money. Valnivo never moves, holds or receives funds, does not connect to a bank or broker, and never asks for card numbers or bank credentials. Recording a transfer in the app changes nothing in the real world.
- It is not an account information service. Where Valnivo can read a bank statement, it reads a file you downloaded and chose, on your own device. It has no access to your accounts, holds no credentials, and asks your bank for nothing, so it is not a payment initiation or account information service under the second Payment Services Directive and is not supervised as one.
- It is not a regulated financial service. It provides no payment, banking, investment or credit service and is not supervised as one.
4. Projections are illustrations, not promises
Every projection Valnivo shows is a calculation built on assumptions: the return you enter for each holding, the inflation rate for each country, an exchange-rate path, a chosen market scenario, and the figures you have recorded. Markets, prices, rates, taxes and your own life will not follow those assumptions. The app runs many possible futures and shows a range precisely because no single outcome can be known, and the range itself is only as good as the assumptions behind it. No figure in Valnivo is a forecast, a guarantee or a target. Live inflation and exchange rates come from public statistics sources and may be late, revised or wrong; figures marked "assumed" were chosen by the app as stand-ins and not by anyone with knowledge of the country.
5. Your responsibilities
- The figures you enter are yours; the app cannot check them.
- Import only statements for accounts you hold or are entitled to access. Reading a statement is a best-effort reading of a document that was designed for human eyes: layouts differ between banks, and the app marks what it had to guess. Check the entries it proposes before you accept them — the direction of an entry, its category, and whether something is a payment or a move between your own accounts. Once accepted they are ordinary entries, and everything above about projections applies to them.
- Keep your recovery code and your Google account safe. The online copy is encrypted with a key only you hold; if the code and every unlocked device are lost, nobody can recover it, and that is by design.
- Keep your own backup from time to time (Settings → Your data). Valnivo is an early-stage service.
- Use the app for lawful personal financial planning and budgeting, for yourself and for people you share a joint space with. Do not use it to provide financial, investment, tax or pension advice to others as a service, regulated or otherwise, and do not use it in any way that breaks the law.
- If you point the app at your own Firebase project, that copy is yours. Settings lets you replace the Valnivo cloud with a Firebase project you own, so the encrypted copy of your ledger goes to your database instead of ours. Three things follow. You become responsible for that project — its rules, its availability, its backups and its cost; we run nothing for it and can neither read nor recover what is in it. The app itself is still ours and still the one served from this site, so it keeps changing as it changes for everyone. And it grants you nothing further: it is not a licence to the software, to the calculators that can be embedded elsewhere, or to the Valnivo name, and it is not a right to redistribute it, resell it, run it as a service for other people, or present it as your own. The permission above is unchanged by it — the app is for your own planning and the joint spaces you share, whichever database the copy goes to.
- A debt you record is a description of a loan, not the loan. Your agreement with your lender governs what you owe and what you may do about it. Where you have not given the app your lender's own amortisation table, it works the payments out from the rate you typed — and conventions differ between lenders and between countries, so those figures and the payoff date may differ from the agreement. The agreement is the one that counts. Where you do paste or import a table, it is read best-effort from a document designed for human eyes: the columns are identified by how the figures add up, and a table that does not add up is refused rather than shown. Check what it read before relying on it.
- Paying more off is a question, not an offer. The app can show what clearing a debt sooner would do to your figures. Whether your loan allows an overpayment at all, and what it charges for one, is between you and your lender: early-repayment terms are not modelled here, and nothing on any screen is a recommendation to overpay, to refinance, or to choose one debt over another.
- In a joint space, share only what you are entitled to share, and remember every member can see what is recorded there.
- A share link is your own disclosure. When you make one, you choose who receives it, and anyone who has it — including anyone it is forwarded to — can open those figures until it expires or you revoke it. Valnivo cannot see what a link contains and cannot tell who opened it, so it cannot take it back for you. Send one the way you would send a photograph of the figures, and revoke it in Settings if you change your mind. It stops working within 48 hours at the most.
6. Availability and changes
Valnivo is provided as it stands, "as is". Features may change, be renamed, or be removed; the service may be interrupted or, with reasonable notice inside the app, stopped. Your data stays on your device regardless, and can be exported at any time. The privacy notice governs how personal data is handled and takes precedence over these terms on that subject.
Some features are switched on separately. A feature may be offered to a few people first, to everyone, or withdrawn, and that can change without a new version of the app being published. A feature you can see today may therefore not be there tomorrow; nothing you have already recorded is affected, and anything you can no longer reach can still be exported. What is offered to whom is not a promise, and no feature is guaranteed to arrive, remain, or stay free of charge beyond what section 9 of the privacy notice and the Plus wording in section 2 above already say.
7. Limitation of liability
Valnivo Labs is liable for damage caused by its own fault, as the law provides. Within what the law that applies to you permits, the following limits apply to a free, early-stage service:
- Decisions are yours. Valnivo shows arithmetic on your own inputs and assumptions and gives no advice. Valnivo Labs is not liable for the financial consequences of decisions you take on the basis of what it shows, such as how much to save, spend, borrow or invest, or for the difference between a projection and what actually happens.
- Indirect loss. Valnivo Labs is not liable for indirect or consequential loss, including lost profit, lost savings or investment returns, or loss of opportunity.
- Data and availability. The service is offered without a guarantee of uninterrupted availability. Your data is kept on your device, and online only if you sign in, and it can be exported at any time; Valnivo Labs is not liable for loss of data that you could have prevented with the backup the app offers, or for loss of an encrypted online copy whose recovery code you no longer have, since by design nobody can recover it.
- Third-party figures. Inflation figures, exchange rates, coin prices and closing prices fetched from public sources or from a price service you set up may be late, revised or wrong, and Valnivo Labs is not liable for errors in them.
Nothing in these terms excludes or limits liability that cannot be excluded or limited by law: in particular liability for death or personal injury, for fraud or intentional misconduct, for gross negligence, and liability under product-liability law. The rights consumers hold under Luxembourg and European Union law remain unaffected in every case. If a limit above is found invalid in part, the rest continues to apply.
8. Intellectual property
The Valnivo name, mark, design and code belong to Valnivo Labs. Your data belongs to you. You may export it at any time and use it as you wish.
9. Governing law
These terms are governed by the law of Luxembourg. If you are a consumer in another EU country, the mandatory consumer protections of your own country still apply. Disputes go to the competent courts of Luxembourg, or of your country of residence where consumer law gives you that choice.
Out-of-court resolution. If you are a consumer and something cannot be settled by writing to the address above, you may turn to the Luxembourg consumer mediator, the Service national du Médiateur de la consommation (6, rue du Palais de Justice, L-1841 Luxembourg), whose procedure is free for consumers and open to residents of any EU country in a dispute with a professional established in Luxembourg. Valnivo Labs is willing to take part in mediation there in good faith. For cross-border questions, the European Consumer Centre Luxembourg and the ECC-Net centre in your own country advise consumers free of charge. The European Commission's online dispute resolution platform closed on 20 July 2025 and is no longer available.
10. Changes to these terms
When these terms change, the version and date at the top are updated, the new text is published at this address, and the app shows its short notice once more and asks you to accept the new version before you continue. A change that would make the terms materially less favourable to you will be announced inside the app before it takes effect; if you do not accept a new version, stop using the app and, if you wish, export your data and delete your account from Settings.
Earlier versions of these terms — an archive
These rows describe what past versions said, not what is true now. Whatever is above this line is the current text; a row below may describe something that has since been removed. If the two ever disagree, the text above wins — and it is worth saying, because an outside reader has already quoted a withdrawn practice from this table as though it were current policy. These numbers version this document and nothing else. They are not releases of the app, which has release numbers of its own — 2026.09 is September 2026’s — and a gap between two rows says nothing about what was built in between. Each release of the app, and its main changes, is on What has changed.
| Version | Date | What changed |
|---|---|---|
| 11 | Section 2b no longer says the loan record is open by invitation only: it is open to every account. It also says you may not use the record to impersonate a bank or another lender, to invent a loan, or to present Valnivo as the lender, a party, or an authority, and that Valnivo may refuse a record, stop an account from using it, keep the seal and the signed history where it suspects abuse, and give that evidence to a competent authority where the law requires it. This is a new version, accepted before you continue, because it says what you may not do with the record and what Valnivo may do about abuse. | |
| 10 | Section 2b says plainly that the record of money lent between two people, and its documents, are not a loan agreement and are not legally binding; that a signed loan is corrected by a new version both people sign rather than edited; and that it is deleted once it is closed and both people hold their own copy, and a proposal nobody signed after two weeks, where before it was kept for ever. This is a new version, accepted before you continue, because it changes what the record is said to be and what happens to it. | |
| 9 | Section 2b is new: money lent between two people, recorded and signed by both in the app. Valnivo is not a party, moves no money, charges no interest, and enforces nothing; a signed record cannot be changed, withdrawn or deleted, and it stays when either account is deleted. This is a new version, accepted before you continue, because it says what you may and may not do with another person's name and what cannot be undone. | |
| 8 | Section 1 names who offers Valnivo as Valnivo Labs, the name it is provided under, rather than describing its operator, and says that Valnivo Labs is a trade name and not a registered company. Nothing about the terms themselves changed, so this stays version 8 and no fresh acceptance is asked for. | |
| 8 | Section 2 no longer says that everyone already using Valnivo keeps it free if it ever becomes payable: that promise is withdrawn, and section 2a no longer refers to it. Nothing changes today — the app is free, a donation still buys nothing, and nothing is ever charged without a clear, separate purchase that you choose to make. You are asked to accept this version once, because it takes away something version 7 promised. | |
| 7 | Donations. A new section 2a says that a donation is a gift toward a free personal project and buys nothing — no tier, no feature, no discount, no early access, no priority and no say in what is built — that it grants no entitlement and is not a purchase, and that it is taken on a page hosted by Stripe rather than by Valnivo, which receives an amount and no card details. Section 2 gains the other half: if Valnivo ever becomes payable, everyone already using it keeps it free, whether or not they ever gave anything. That promise is made to every user alike and is deliberately not something a donation buys. Nothing you already have changes, and the app remains free; you are asked to accept this version once, because what a payment does and does not entitle you to is a material term. | |
| 6 | Section 5 gains a paragraph on bringing your own Firebase project: that copy and the project behind it are yours and your responsibility, that the app itself is still ours and still served from this site, and that the arrangement grants no licence to the software, to the embeddable calculators or to the name, and no right to redistribute, resell or run it as a service. It states what was already the case — no such licence has ever been granted and the permission in section 5 is unchanged — so no right or obligation of yours or ours moves, this stays version 6 and no fresh acceptance is asked for. | |
| 6 | Wording only. Where these terms said Valnivo was "still in testing and not yet intended for public use", they now say it is in beta: features may change or be withdrawn, and it is provided as it is. The app has been publicly reachable throughout, so the old sentence described the product less accurately than the new one. No right or obligation of yours or ours changed — sections 6 and 7 still say what is promised and what is not — so this stays version 6 and no fresh acceptance is asked for. | |
| 6 | Where Valnivo is offered. Section 1 now says the service is offered from Luxembourg to residents of the European Economic Area, that it can be used from anywhere, and that the countries in its list are places your money can be rather than places the service is directed at. Nothing else changes: what the app does, what it costs and what it promises are as they were. The app asks you to accept this version once, because where a service is offered is a material term. | |
| 5 | Debts. Two things added to section 5, because the app can now record what you owe: a debt you enter is a description of your loan, and your agreement with your lender is what governs it; and where the app shows what paying more off would do, whether your loan permits an overpayment and what it charges for one is between you and your lender — early-repayment terms are not modelled, and nothing shown is a recommendation to overpay or to refinance. | |
| 4 | Section 2 said Valnivo is "free during its beta" and that Plus "may become payable later". Both were vaguer than the facts: it is free, and on the operator's own estimate Plus is at least two to three years from costing anything. Saying so is fairer to anyone deciding whether to rely on the free version. No obligation of yours or ours changed, so this stays version 4 and no fresh acceptance is asked for. | |
| 4 | One addition, in section 5: sharing a projection by link is your own disclosure, you decide who gets the link, anyone it reaches can open it until it expires, and Valnivo can neither read it nor take it back for you. Nothing else changed. | |
| 3 | Contact details changed to contact@valnivo.eu, and the operator is named as Valnivo rather than by a personal name. Nothing about the terms themselves changed, so this stays version 3 and no fresh acceptance is asked for. | |
| 3 | Written before bank statement import is opened to everyone. Says that reading a statement file you downloaded yourself is not an account information service under PSD2 and that the app still has no access to your accounts and holds no credentials; puts the responsibility for importing only your own statements, and for checking what the app had to guess, where it belongs; and states that features may be switched on for a few people, for everyone, or withdrawn without a new version being published, without affecting what you have already recorded. | |
| 2 | After an outside compliance review: acceptance is asked for before first use rather than implied by use; new versions must be accepted before continuing; the closed EU online dispute resolution platform was replaced by the Luxembourg consumer mediator and the European Consumer Centre; the liability section names specific limits instead of excluding "any loss or damage"; permitted use is any lawful personal planning, with a ban on providing advice to others as a service rather than a "household only" rule. | |
| 1 | First version. |