These terms of use (“Terms of Use”) govern your use of our website located at www.finqai.co.il (“Website”) and our online services (collectively the “Online Services”) provided by Finq Digital Ltd. and its affiliates (“FINQ” or “we” or “us”, or “our”).
These Terms of Use constitute a legal, binding agreement between you and FINQ. You are required to subscribe to our Online Services to access and view our content, newsletters, recommendations, portfolio weightings, performance figures, and other information we make available to you through the Website or other means (“Content”). When you access the Online Services as a user (“User”), you agree to be bound by these Terms of Use and our Privacy Policy.
Please take time to review them carefully, including the provisions related to protecting our interests, how we use our technology in connection with the Online Services, the consents you provide when accessing the website, and information about registering and filling out forms on the website to receive information and Content, including marketing content. If you do not agree to these Terms of Use, then do not subscribe to or use the Online Services.
2.1.1 The Services
FINQ provides the services through a digital platform. As part of the subscription services, you will get access to certain financial content, information, and services offered by FINQ from time to time.
The content published on the website has been obtained from third parties, including other sites, may change from time to time, and is provided "As Is" without any warranty, for your convenience and personal use. Any non-personal will result in payment to FINQ for each use, as shall be reasonably determined by FINQ. Among other things, you must take into account that after its publication, there may be changes in the content, which will not necessarily be expressed on the website.
2.1.2 Educational Use Only
FINQ does not attempt to obtain all the relevant facts about you and your individual needs, and FINQ does not and cannot claim or represent that any specific Online Services are suitable for you. Accordingly, you agree that any information provided through the Online Service does not constitute a recommendation that a specific security, strategy, or action is suitable for you. If you want personal advice, then you acknowledge that you should seek a registered investment advisor.
You acknowledge and agree that the content on the Online Services is solely for general, informational purposes. You further acknowledge and agree that the content on the Online Services is provided for educational purposes only and is not intended to provide legal, tax, investment advice or financial planning advice. No Content may not be construed as an offer or recommendation to buy or sell securities. In using the Online Services, you acknowledge and agree that you are responsible for your own investment research and decisions, that you will not rely on the Online Services as the primary basis for your investment decisions, and, except as otherwise provided herein, FINQ will not be liable for any actions you take based on the information you receive.
2.1.3 Payment
When subscribing to our Online Services, you will be required to provide us with your name, email address, and credit card information, as well as other information we may request either at the time of your subscription or from time to time (“User Content”). The Subscription Fee shall be paid by you based on the chosen subscription period (the “Subscription Fee”). BY PLACING YOUR ORDER, YOU PROVIDE YOUR ELECTRONIC AUTHORIZATION FOR THE INITIAL CHARGE AND FUTURE CHARGES EQUAL TO THE THEN APPLICABLE SUBSCRIPTION FEE PER EACH PERIOD, AGAINST YOUR CREDIT CARD ON FILE UNLESS YOU CANCEL. The Subscription Fee is in advance for the billing period, and thus constitutes a commitment until the next billing period. It is hereby clarified that the subscription price may change from time to time at FINQ’s sole discretion upon notice to you. Invoices for the Subscription Fee payment shall be sent by email only. By confirming these Terms of Use, you waive receiving a physical invoice by mail and agree to receive a digitally signed invoice by email after each charge. In the event that the Subscription Fee has not been paid, FINQ may cancel your order or subscription immediately. You may cancel the subscription at any time through the website and cease the next charges. You are responsible for canceling the subscription. As long as no cancellation action has been performed, you shall be charged for the Subscription Fee. After canceling the subscription, the billing period remaining until the next billing period shall not be credited nor refunded. The subscription will continue to operate until the end of the charged billing period. All, in accordance with and subject to the provisions of the Consumer Protection Law and its regulations (including, without limitation, the Consumer Protection Regulations (Transaction Cancellation), 2010), as updated from time to time.
2.2.1 The Services
FINQ (for the purposes of the investment portfolio management services, Finq Investment Management Ltd.) is a private company that holds a Portfolio Management License within the meaning of the Law for Regulation of Investment Advice, Investment Marketing and Investment Portfolio Management, 1995 (hereinafter: the “Law”), and is engaged, among other things, in investment portfolio management and investment advice, which the Law defines as advising others on the profitability of investing in, holding or selling securities or financial assets with which the advisor is affiliated by virtue of FINQ’s affiliation with mutual funds managed by Tamir Fishman Mutual Funds Ltd. and any other mutual fund that may contract with the Company, in line with its business model. For further details, see “Full Disclosure” [add link]. The service will be provided via a digital platform where you can subscribe to the portfolio management service. The risk level, investment policy, and assessment of your needs will be determined using digital tools.
Joining the service, determining the level of risk and investment policy, characterizing the needs, and managing the financial assets are done by digital means, replacing the client's physical encounter with an investment manager/insurance agent. Savings/Insurance are obtained using technological means that include, among other things, decision-supporting models in accordance with the client's policy and level of risk. The stages of the process are controlled by FINQ's employees. Financial asset management is done in accordance with the investment/savings policy by FINQ through investment solely in financial products, which is permitted and/or will be permitted from time to time for the Company to purchase in the investment portfolio at FINQ's discretion and in accordance with the provisions of the law as they will be from time to time, including deposits and cash (in Israeli and foreign currency), and according to the directive of the Securities Authority to licensees in connection with the provision of services using technological mean. A portfolio managed by FINQ will include only units of mutual funds, including foreign funds that the authority granted permission to offer to the public in Israel under the Mutual Investments in Trust Law 1994, certificates Basket, deposits, and cash. Nothing in the foregoing shall be construed as investment advice/marketing and/or as a substitute for investment advice/marketing, and nothing in the foregoing shall be taken as a commitment to achieving any return on investment. To register with our Investment Portfolio Management Services, you will be required to enter into a separate investment management agreement with FINQ (the “Investment Management Agreement”). The Investment Management Agreement shall govern the services and supersedes any provision herein. Approval of the application and opening of the account are subject to the sole discretion of FINQ, in accordance with the terms stipulated in the Investment Management Agreement. Subscribing to the digital portfolio management service is consistent with applicable law and is intended, inter alia, to facilitate the subscription process while maintaining the best interests of clients. Generally, the digital platform substitutes the interaction between the licensee and the Client and serves as an investment decision-making tool. There may also be, if necessary, interaction between the client and a human agent. The service is limited to Israeli resident holders of an active Israeli bank account. Withdrawal of funds takes place up to 7 business days/The amount withdrawn will be transferred to the bank account from which the funds were transferred. The account can be opened from the age of 18 and will be limited to assets worth up to NIS 1,000,000 (one million). If the total assets in the account exceed such an amount, the account holder will be required to be personally identified by FINQ’s representatives in accordance with applicable law and to sign, inter alia, a beneficiary declaration in person.
2.2.2 Payment
You shall also provide us with your name, email address, and credit card information, as well as other information we may request either at the time of your registration to the services or from time to time (“User Content”). The management fee and any other applicable fees and commissions related to the services shall be paid by you pursuant to the fees set in the Investment Management Agreement (the “Management Fee”). BY PLACING YOUR ORDER, YOU PROVIDE YOUR ELECTRONIC AUTHORIZATION FOR THE INITIAL CHARGE AND FUTURE CHARGES EQUAL TO THE THEN APPLICABLE MANAGEMENT FEE, AGAINST YOUR CREDIT CARD ON FILE UNLESS YOU CANCEL. The Subscription Fee is in advance for the billing period, and thus constitutes a commitment until the next billing period. Invoices for the Management Fee payment shall be sent by email only. By confirming these Terms of Use, you waive receiving a physical invoice by mail and agree to receive a digitally signed invoice by email after each charge. In the event that the ManagementFee has not been paid, FINQ may cancel your order or subscription immediately. You may cancel the services at any time through the website and cease the next charges. You are responsible for canceling the services. As long as no cancellation action has been performed, you shall be charged the Management Fee. After canceling the services, the billing period remaining until the next billing period shall not be credited nor refunded. The services will continue to operate until the end of the charged billing period.
You are solely responsible for all the User Content you provide. You certify that all User Content you provide is accurate. You represent and warrant that you own all your User Content, or you have all rights that are necessary to grant us the license rights in your User Content under these Terms of Use. You also represent and warrant that neither your User Content nor your use and provision of your User Content to be made available through the Online Services will infringe, misappropriate, or violate a third party's intellectual property rights, or rights of publicity or privacy, or result in the violation of any applicable law or regulation. You also agree to maintain and update your User Content as necessary so that it remains accurate and current. In the event that any User Content you provide is inaccurate or not up to date, FINQ reserves the right to cancel your subscription. We reserve the right to refuse or discontinue supplying an Online Service to any User at any time at our sole discretion.
Access to our Website and our Online Services is intended for unprofessional individuals who are 18 and older. Any access or use of our website by anyone under 18 and professional is unauthorized and in violation of these Terms of Use. FINQ uses various software and technologies, which are based on, among other things, cookies, tags, pixels (collectively the “Cookies”) for the day-to-day running of our Online Services, to verify your User Content and other information, to collect and process various metrics about you and your preferences, to provide service and product suggestions (including targeted advertising ) based on how you interact with our Online Services (e.g., running diagnostics and tests on the Online Services and third-party applications). When a location-based service is enabled on your device, FINQ may use information about your location that is received from GPS signals, nearby wi-fi access points and cellular antennas, whether the app is active or not. You can disable location-based services through your device's operating system. Once such service has been disabled, FINQ will no longer receive information regarding your location. As discussed in our Privacy Policy, you can revise or change the settings of your device or computer at any time to completely or partially block the use of various Cookies and other authorizations requested by the Online Services and other digital Online Services that you use. If you revise or change the settings, some or all of the Online Services may not work properly (for example, auto-detect, preferred uses, or language may not be retained). Changing the settings of your device is your sole responsibility. You may erase your information from being used for Google Analytics and other third-party services in accordance with their terms, and you may redefine and control any advertising directed to you from Facebook through your user settings on their websites.
FINQ does not claim any ownership rights in any User Content, and nothing in these Terms of Use will be deemed to restrict any rights that you may have to use this information. Subject to the foregoing, FINQ and its licensors exclusively own all rights, title, and interest in and to the Online Services and Content, including all associated intellectual property rights. You may not copy, duplicate, reproduce (except as stated below), publish, distribute, create derivative works of, modify, adapt, translate, rent, sublicense, assign, loan, sell, transfer, network, display to third parties, transmit, compile or collect in a database, or in any manner commercially exploit any part of the Content or Online Services. You may not give copies of the Content or Online Services to anyone. You acknowledge that the Online Services and Content are protected by copyright, trademark, and other laws of the State of Israel, the United States, and other countries. You agree not to remove, alter, or obscure any copyright, trademark, service mark, or other proprietary rights notices incorporated in or accompanying the Online Services.
FINQ does not warrant the completeness or accuracy of the Content found in our Services or its usefulness for any particular purpose. FINQ relies on various sources of information that we believe to be accurate and reliable. However, under no circumstances will FINQ, its employees, or its agents be liable for direct, indirect, incidental, consequential, punitive, or any other type of damages resulting from your use, purchase, or downloading of any material on our Website, or arising from or related to these Terms of Use or the Privacy Policy.
While using the Online Services, links to external pages provided by third parties may appear in the form of web links and similar content (“Third-Party Content”). FINQ provides these links as a convenience, and we are not responsible for the Third-Party Content, products or Online Services or resources or links displayed on our website. If, or when, you link to other websites or Online Services, you will be subject to the third-party’s terms and conditions and policies. You acknowledge and agree that you are solely liable for the risks associated with your access to the Third-Party Content or resources.
We may share statistical and aggregate information, that is not personal and is not personally identifiable, to third parties to improve, enhance or streamline the Online Services and accompanying or related Online Services. The information we share may change and you can learn more in our Privacy Policy.
You expressly consent to be contacted by FINQ and its affiliates or authorized agents for any purpose at a telephone number or mailing or electronic address you provide. You agree that FINQ, its affiliates, or agents can contact you in any manner, including through a pre-recorded artificial voice or automatic telephone dialing system. You agree that all consents provided in this Section will survive cancellation of our Online Services. We may also store your communications with us. You can revoke your consent by contacting us at hello@finqai.co.il
You agree that you must consent to use your camera to upload documents to our Online Services as required by us or requested by you. In addition, you understand and acknowledge that express consent is required if you choose to select files from your devices, pictures, or photos from the photo gallery on your devices to upload to our Online Services.
The internet provides infinite and diverse information and services but also entails enormous risks. Therefore, it is important to maintain basic rules for safe surfing and ensure your personal equipment and devices accessing the Online Services are kept updated.
For these reasons, you agree to:
Use antivirus software on your computer, and routinely update it.
Use anti-spyware software for detecting spyware on your computer and routinely update it.
Use the Personal Firewall software on your personal computer.
Use new browser versions, such as Internet Explorer 8, Mozilla Firefox 3.5, Safari 3.2, Opera 9.5, Google Chrome, and any more advanced version of these browsers.
Update the operating system, browser, and other off-the-shelf software with information security fixes as issued from time to time.
Create and use a username and password when logging in.
Continually change your default username and password on your wireless router and consider securing your wireless router with wireless encryption protocol (e.g., WPA).
Change the setting so that temporary files are automatically deleted when the browser is closed.
You agree not to:
Use the Online Service or the Content for any purpose that is unlawful or prohibited by these Terms of Use, including, but not limited to, downloading unfamiliar software or Internet files to your computer.
Bypass or circumvent measures we may use to prevent, interfere, or limit access to the Online Service or FINQ’s business operations.
Use the Online Service to send altered, deceptive, or false source-identifying information;
Use the Online Service to intercept, collect, or store personal information about other users.
Spam other users or take other actions that may affect the operation or enjoyment of the Online Services by other users.
Access, monitor, or copy any content or information on the Online Service using any robot, spider, scraper, or other automated means or any manual process.
Decompile, disassemble, or reverse engineer any of the software or content used in any part of the Online Services.
Engage in activities (e.g., Emule) that can result in you sending a virus or using any malicious programs or techniques in connection with the Site.
Infringe the copyrights or intellectual property rights of others.
Although we are not obligated to monitor access to or use of the Online Services, we have the right to do so for the purpose of operating the Online Services to ensure compliance with these Terms of Use and to comply with applicable law or other legal requirements. We reserve the right, but are not obligated, to remove or disable access to any Content, including User Content, at any time and without notice, including, but not limited to, if we, at our sole discretion, consider any Content to be objectionable or in violation of these Terms of Use. We have the right to investigate violations of these Terms of Use or conduct that affects the Online Services. We may also consult and cooperate with law enforcement authorities to prosecute users who violate the law.
Some parts of the Online Services may require a username, account name, or password. If you use these features, you agree to keep this information confidential and secure. You agree to accept responsibility for all activities that occur under your username, account, or password, and to notify us immediately if the confidentiality of your username, account, or password is compromised. We will not be liable for any loss that you may incur as a result of someone else using your account or password. To protect the security of the Online Service and your account, we may terminate or suspend your account, change your username or password, request additional information before we authorize transactions on your account, or take other reasonable actions.
We may terminate your access to and use of the Online Services, for any reason or no reason, in our sole discretion, at any time and without prior notice to you. You may also cancel your Account at any time by sending an email to hello@finqai.co.il. Upon any termination, discontinuation, or cancellation of Online Services or your Account, the following provisions will survive, Warranty Disclaimers, Indemnity, Limitations of Liability, and any other provisions which by their sense and context are intended to survive.
All products, Online Services, and content on the website are provided “as is” without warranty of any kind, express or implied, including, but not limited to, implied warranties of merchantability, fitness for a particular purpose, title, non-infringement, security, or accuracy. FINQ specifically disclaims any duty to update the information on the Online Services, and it is your responsibility to evaluate the accuracy, reliability, timeliness, and completeness of any information available on the Online Services. FINQ does not guarantee that the Online Services will operate error-free or that the platform, its servers, or the content are free of computer viruses or similar contamination or destructive features. If you choose to use the Platform or rely on the information presented on it, you do so solely at your own risk. Some states or jurisdictions do not allow the exclusion of certain warranties. Accordingly, some of the above exclusions may not apply to you.
ANY USE OF THE ONLINE SERVICES ARE DONE AT YOUR OWN RISK. YOU ARE SOLELY RESPONSIBLE FOR ANY DAMAGE TO YOUR COMPUTER SYSTEM OR OTHER EQUIPMENT, OR LOSS OF DATA THAT RESULTS FROM SUCH DOWNLOAD. NEITHER FINQ NOR ITS AFFILIATES, SUBSIDIARIES, DIRECTORS, OFFICERS, EMPLOYEES, AGENTS, LICENSORS, OR ANY THIRD-PARTY INFORMATION PROVIDERS AND VENDORS WILL BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, PUNITIVE, OR EXEMPLARY DAMAGES, INCLUDING BUT NOT LIMITED TO, DAMAGES FOR LOSS OF PROFITS, REVENUE, INCOME, GOODWILL, USE, DATA, OR OTHER INTANGIBLE LOSSES, OR DAMAGES CAUSED BY THEFT, UNAUTHORIZED ACCESS, SYSTEMS FAILURE, OR COMMUNICATIONS LINE FAILURE, OR THE COST OF PROCURING SUBSTITUTE GOODS OR ONLINE SERVICES, CAUSED BY THE USE OF OR INABILITY TO USE THE SITE, MATERIALS OR ANY PRODUCTS OR ONLINE SERVICES PROVIDED HEREIN, OR ANY OTHER MATTER RELATING TO THIS SITE, EVEN IF FINQ HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. SOME JURISDICTIONS DO NOT ALLOW THE EXCLUSION OR LIMITATION OF INCIDENTAL OR CONSEQUENTIAL DAMAGES, SO THE ABOVE EXCLUSIONS OR LIMITATIONS MAY NOT APPLY TO YOU. TO THE EXTENT THAT A JURISDICTION DOES NOT PERMIT THE EXCLUSION OR LIMITATION OF LIABILITY AS SET FORTH HEREIN, THE LIABILITY OF FINQ AND ITS AFFILIATES, SUBSIDIARIES, DIRECTORS, OFFICERS, EMPLOYEES, AGENTS, LICENSORS, AND ANY THIRD-PARTY INFORMATION PROVIDERS AND VENDORS IS LIMITED TO THE EXTENT PERMITTED BY LAW IN SUCH JURISDICTIONS.
You agree to indemnify, defend, and hold FINQ harmless from any liability, loss, claim, and expense, including attorney’s fees, related to your violation of these Terms of Use or use of the Online Services. Nothing in these Terms of Use shall affect any non-waivable statutory rights that apply to you. FINQ reserves the right to assume the exclusive defense and control (at your expense) of any matter that is subject to indemnification under this section. In such case, you agree to cooperate with any reasonable requests assisting FINQ’s defense of such matter.
Any dispute out of or relating to these Terms of Use or relating in any way to the User’s use of the Website or the Online Services shall be referred to arbitration by either you or FINQ and shall be finally settled by arbitration in accordance with the rules of the Israeli International Commercial Arbitration Law (2024) as the exclusive method of dispute resolution. The arbitration shall take place via virtual hearings. The arbitration award shall be final, binding upon the parties, and not subject to any appeal. Judgment upon the award rendered may be entered by any court having jurisdiction, and application may be made to such court for judicial recognition of the award or an order of enforcement thereof, as the case may be.
These Terms of Use and any dispute relating in any way to the User’s use of the Website or the Online Services are governed by the laws of Israel, without regard to conflict of law principles.
Any waiver of any provision contained in these Terms of Use shall not be deemed to be a waiver of any other right, term, or provision of these Terms of Use. If any provision in these Terms of Use is determined to be wholly or partially invalid, illegal, or unenforceable, such provision shall be enforced to the extent it is legal and valid, and the validity, legality, and enforceability of the remaining provisions shall in no way be affected or impaired thereby.
You may not assign these Terms of Use (by operation of law or otherwise) without the prior written consent of FINQ, and any prohibited assignment will be null and void. FINQ may assign these Terms of Use or any rights hereunder without your consent.
We reserve the right to change these Terms of Use by posting a revised agreement. If you do not agree with these changes, you must stop using the Online Services. The information on the Online Services is subject to change without notice.