Bili: Track Spending. Invest.
Terms of Use

1. Acceptance of Terms

By downloading, installing, or using the Bili mobile application ("App"), you agree to be bound by these Terms of Use ("Terms"). If you do not agree to these Terms, do not use the App.

2. Description of Service

Bili is a mobile application developed by Bili Finance, LLC that helps users understand the opportunity cost of purchases by calculating what money could potentially be worth if invested instead of spent. The App:

• Allows users to input purchase amounts
• Calculates potential investment returns based on historical market averages
• Tracks and categorizes spending decisions
• Provides educational insights about compound growth

3. Financial Disclaimers

3.1 Calculation Methodology

• Calculations are based on historical market averages
• Default assumptions use historical S&P 500 performance
• Past performance does not guarantee future results
• Actual investment returns may vary significantly
• Investments involve risk, including potential loss of principal

3.2 No Guarantees

We make no representations or warranties about the accuracy of calculations, market projections, or investment outcomes. Users acknowledge that:

• Market conditions are unpredictable
• Investment returns are not guaranteed
• Economic factors can affect actual results
• The App's calculations are simplified models

4. User Responsibilities

4.1 Appropriate Use

You agree to use the App only for lawful purposes and in accordance with these Terms. You are responsible for:

• Providing accurate input data
• Understanding the educational nature of the calculations
• Making independent financial decisions
• Consulting professionals for financial advice

4.2 Prohibited Activities

You may not:

• Use the App for illegal activities
• Attempt to reverse engineer or modify the App
• Share or distribute the App without permission
• Use the App's calculations as the sole basis for investment decisions

5. Privacy and Data

5.1 Local Data Storage

The App stores your transaction data locally on your device. We do not collect, transmit, or store your personal financial information on our servers.

5.2 Analytics

We may collect anonymous usage analytics to improve the App, but this does not include your personal financial data or transaction details.

6. Intellectual Property

The App, including its design, functionality, and content, is owned by Bili Finance, LLC and is protected by copyright and other intellectual property laws. You receive a limited, non-exclusive license to use the App for personal purposes only.

7. Disclaimers and Limitations

7.1 "As Is" Basis

The App is provided "as is" without warranties of any kind, either express or implied, including but not limited to warranties of merchantability, fitness for a particular purpose, or non-infringement.

7.2 Limitation of Liability

To the maximum extent permitted by law, Bili Finance, LLC and its subsidiaries shall not be liable for any indirect, incidental, special, consequential, or punitive damages, including but not limited to loss of profits, data, or investment losses, arising from your use of the App.

7.3 Maximum Liability

Our total liability to you for any damages arising from or related to these Terms or the App shall not exceed the amount you paid for the App (if any).

8. Indemnification

You agree to indemnify and hold harmless Bili Finance, LLC, its subsidiaries, and the App developers from any claims, damages, or expenses arising from your use of the App or violation of these Terms.

9. Updates and Changes

9.1 App Updates

We may update the App from time to time to improve functionality, fix bugs, or add features. Updates may be required for continued use.

9.2 Terms Changes

We reserve the right to modify these Terms at any time. Changes will be effective upon posting. Continued use of the App constitutes acceptance of modified Terms.

10. Termination

These Terms remain in effect until terminated. You may terminate by deleting the App. We may terminate your access if you violate these Terms. Upon termination, you must cease all use of the App.

11. Governing Law

These Terms are governed by the laws of [YOUR JURISDICTION] without regard to conflict of law principles. Any disputes shall be resolved in the courts of [YOUR JURISDICTION].

13. Privacy Policy

13.1 Information We Collect

Bili is designed with privacy as a core principle. We collect minimal information:

• Local Data Only: All transaction data, amounts, and descriptions are stored locally on your device and never transmitted to our servers
• Anonymous Analytics: We may collect anonymous usage statistics (such as app opens, feature usage) to improve the app experience
• No Personal Information: We do not collect names, email addresses, financial account information, or any personally identifiable information

13.2 How We Use Information

• Anonymous analytics help us understand which features are most useful and identify areas for improvement
• Usage data helps us fix bugs and optimize app performance
• We never use your data for advertising or marketing purposes
• We never sell, rent, or share any user data with third parties

13.3 Data Storage and Security

• Local Storage: Your financial data stays on your device using iOS secure storage mechanisms
• No Cloud Sync: Transaction data is not synchronized across devices or backed up to our servers
• Device Protection: Data is protected by your device's security features (passcode, biometrics)
• Data Deletion: Uninstalling the app permanently removes all your data

13.4 Third-Party Services

Bili may use third-party services for:

• Analytics: Anonymous usage statistics (no personal data shared)
• Crash Reporting: Technical error reports to improve app stability (no personal data included)

These services only receive anonymous, non-personal information and are bound by their own privacy policies.

13.5 Children's Privacy

Bili is not directed at children under 13. We do not knowingly collect personal information from children under 13. If we become aware that a child under 13 has provided us with personal information, we will delete such information immediately.

13.6 Data Rights

Since all personal data is stored locally on your device:

• You have complete control over your data
• You can delete all data by uninstalling the app
• No data portability is needed since data never leaves your device
• No data correction is needed from us since you control all inputs

13.7 Changes to Privacy Policy

We may update this Privacy Policy from time to time. Changes will be posted on this page with an updated "Last Updated" date. Continued use of the app after changes constitutes acceptance of the updated policy.

13.8 Privacy Contact

For privacy-related questions, contact us through the "?" icon on our website at https://heybili.com.

14. Severability

If any provision of these Terms is found to be unenforceable, the remaining provisions will remain in full force and effect.

15. Entire Agreement

These Terms constitute the entire agreement between you and us regarding the App and supersede all prior agreements or understandings.

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Remember: This app is an educational tool. Always consult with qualified financial professionals before making investment decisions.