Terms and Conditions for Spendy

Last Updated: June 21, 2026 3 min read

Welcome to Spendy! These Terms and Conditions ("Terms") govern your use of the Spendy mobile application ("Application"), developed by NidhinV ("Developer," "we," "us," or "our"). By downloading, installing, or using Spendy, you agree to be bound by these Terms. If you do not agree to these Terms, do not use the Application.

CRITICAL OFFLINE-FIRST NOTICE

Spendy is an offline-first tool. All database assets, configurations, and transaction records are stored directly in your device's local memory. If you delete the Application, format your device, or clear the storage cache without performing an encrypted external backup, your data will be permanently and irreversibly lost.

1. License Grant

We grant you a personal, non-exclusive, non-transferable, revocable license to use the Application on a single mobile device owned or controlled by you, strictly in accordance with these Terms.

2. Use of On-Device Automation Features

Spendy includes features designed to simplify your financial tracking, including automatic SMS parsing, Voice recording, and Optical Character Recognition (OCR) receipt scanning.

SMS Interception

Driven by regular expressions and local AI algorithms. Intercepts transaction alerts completely offline.

OCR Receipt Scanning

Performs optical character recognition on receipt images to extract transaction parameters locally.

Voice Log Recognition

Processes recorded voice clips into text to structure transaction logs completely on-device.

Parsing Disclaimers & User Verification Required:

Due to structural variations in bank notifications, cellular network delivery, or local AI inference variables, we do not warrant or guarantee that transaction alerts will be parsed with 100% accuracy.
You agree that it is your responsibility to manually inspect and verify all transactions, merchant categories, wallet assignments, and amounts logged by the automated systems. You should not rely on automated entries as a perfect representation of your accounts.

3. Disclaimer of Professional Advice

Spendy is intended solely for personal expenditure tracking and budgeting purposes. The Application and its local AI helper (Spendy AI) do not provide tax, legal, investment, or professional financial advice. All analysis, budget limits, or suggestions are advisory only.

4. Responsibility for Security and Backups

Local Security: The database is secured locally using AES-256 encryption. You are responsible for safeguarding your device, setting up an App Lock PIN/Biometrics, and preventing unauthorized access to your phone.
Google Drive Integration: If you use the backup functionality, your Google account is governed by Google’s own terms of service. You are responsible for remembering your custom encryption keys used to encrypt the backup archives. If you lose your encryption keys, the Developer cannot decrypt your backup files.

Local AES-256 Backup & Key Validator

Ready

To protect your privacy, backup archives are encrypted locally before uploading. Test how a custom key locks your database. If you lose this key, the database remains permanently unreadable.

1. Encrypt Database

Set Custom Encryption Key:

This key is never uploaded to any server.

Database State: (Plaintext)

{
  "developer": "NidhinV",
  "accounts": [
    {"name": "Main Account", "suffix": "9842"},
    {"name": "Cash Wallet", "balance": "₹4,250"}
  ],
  "logged_sms_alerts": 12
}

2. Decrypt & Restore Database

Enter Decryption Key:

Restore Output:

Waiting for encryption...

5. Limitation of Liability

To the maximum extent permitted by applicable law, the Developer shall not be liable for any direct, indirect, incidental, special, exemplary, or consequential damages, including but not limited to:

Loss of profits, revenue, or savings.
Loss, corruption, or leakage of transaction logs or local databases.
Overdue bills or charges arising from missed SMS alerts or reminder issues.
Any hardware or system failures resulting from local AI inference execution.

The Application is provided to you "AS IS" and "AS AVAILABLE" with all faults and defects without warranty of any kind.

6. Intellectual Property Rights

All source code, design layouts, logos, trademarks, and features within Spendy are the exclusive intellectual property of the Developer. You may not reverse-engineer, decompile, modify, or commercially exploit any part of this software.

7. Governing Law

These Terms shall be governed by and construed in accordance with the laws of India, without regard to its conflict of law principles. Any legal action or dispute arising out of these Terms shall be subject to the exclusive jurisdiction of the courts located in Kerala, India.

8. Changes to Terms

We reserve the right, at our sole discretion, to modify or replace these Terms at any time. Any changes will be posted directly within the Application or repository. Your continued use of the Application after changes constitute acceptance of the updated terms.

9. Contact Us

If you have any questions or require support regarding these Terms, please contact the developer:

Developer & Support Contact

NidhinV — App Developer

nidhinvninan29@gmail.com