Terms of Use

Effective Date: 26/10/2025

These Terms of Use (“Terms”) govern your access to and use of Bullring’s software, systems, websites, dashboards, and APIs (the “Services”). If you use the Services on behalf of a business, you represent that you are authorized to bind that entity; “you” includes that entity.

Contracting Entity

Bullring Finance LTD (Reg No. 13950062), 42, One Swallow Street, Birmingham, B1 2AP, United Kingdom.

By clicking accept, creating an account, or using the Services, you agree to these Terms and to our Privacy Policy.

1. Eligibility & Onboarding

1.1 Business use only; you must be 18+ and have legal capacity.

1.2 You must complete KYC/KYB; provide accurate, current information; keep it updated.

1.3 We may decline, suspend, or terminate access at our discretion (including sanctions/AML reasons).

1.4 Restricted locations/persons: we do not provide Services where prohibited by law or applicable sanctions.

2. Services Overview

2.1 The Services may include:

Cross-border transfers & payouts via fiat and/or stablecoin rails.

Multi-currency accounts (e.g., USD, BRL, NGN, ZMW, EUR, GBP, MXN, COP, GHS, etc.).

Treasury-style savings (e.g., access to U.S. Treasury-backed instruments or packages) via partners.

On/Off-ramp & Embedded Finance APIs (accounts, transfers, payouts, savings).

2.2 Features are provided directly by Bullring and/or regulated financial partners (“Financial Partners”). Some features require separate partner terms.

2.3 We may modify, add, or remove features at any time.

3. Accounts, Security & Access

3.1 You are responsible for account credentials, MFA, user permissions, and all activity.

3.2 Notify us immediately of suspected unauthorized access or security incidents.

3.3 We may pause activity to investigate suspected fraud, AML flags, or legal requests.

4. Compliance, Sanctions & Screening

4.1 You authorize us and our partners to conduct KYC/KYB, sanctions, PEP, and adverse-media checks, and to request additional information about transactions, sources of funds, and beneficiaries.

4.2 You will maintain and follow your own compliance controls when using our APIs/rails (including end-user disclosures and consent).

4.3 You must not use the Services for Prohibited Activities (see Exhibit C).

5. Funding, Transfers & Wallets

5.1 You represent that all funds and wallets used are yours and lawfully controlled by you.

5.2 We may require bank accounts and/or supported stablecoin wallets for settlement.

5.3 We may set or change transaction limits and hold periods.

5.4 If a transaction is reversed, blocked, or cancelled due to compliance or network issues, we may return funds to their source where legally permitted.

6. Stablecoins, Blockchains & Risks

6.1 We do not operate or control blockchains. Functionality, fees, delays, forks, or failures are outside our control.

6.2 Stablecoin programs are issued by third parties and may be subject to redemption, freezing, or blacklisting by issuers or authorities.

6.3 Risks are described in Exhibit B (Stablecoin Risk Disclosures).

7. Treasury-Style Savings & Yield

7.1 Any reference to “3% yield” or similar relates to treasury-backed packages offered via partners and may change; past rates are not guarantees.

7.2 You acknowledge capital preservation and liquidity terms, lock-ups, fees, and counterparty risks may apply per partner terms. No investment or tax advice is provided.

8. APIs & Developer Terms

8.1 Access tokens/keys are confidential; you must implement secure storage, rate limiting, logging, and end-user consent flows.

8.2 Do not scrape, reverse engineer, or create derivative services that replicate our UI.

8.3 We may throttle or suspend API access for abuse, security, or performance reasons.

9. Fees, FX & Taxes

9.1 You agree to the then-current fees and FX (displayed in-product or in your order/quote). Fees may change.

9.2 You are responsible for taxes and filings relating to your use of the Services.

9.3 We may offset amounts you owe against sums payable to you.

10. Downtime & Changes

10.1 Services may be subject to maintenance, third-party outages, or network issues.

10.2 We are not liable for losses due to Downtime or network failures outside our reasonable control.

11. Intellectual Property

11.1 Bullring owns all IP in the Services, documentation, logos, and content.

11.2 We grant you a limited, revocable, non-transferable license to use the Services as permitted by these Terms.

11.3 Feedback may be used by us without restriction.

12. Data Protection & Privacy

12.1 We process personal data per our Privacy Policy.

12.2 You must provide lawful notices/consents to your users and ensure your processing via our APIs is compliant with applicable laws.

12.3 International transfers occur under appropriate safeguards.

13. Prohibited Activities

You may not use the Services for activities listed in Exhibit C (e.g., unlawful or sanctioned uses, fraud, IP infringement, high-risk categories without approval).

14. Suspension & Termination

We may suspend or terminate access immediately if you breach these Terms, fail compliance checks, violate the law/sanctions, or present undue risk. You may close your account subject to completing outstanding obligations.

15. Disclaimers; No Advice

15.1 The Services are provided “as is” and “as available.” We disclaim warranties of merchantability, fitness for a particular purpose, and non-infringement to the fullest extent permitted by law.

15.2 We do not provide investment, legal, accounting, or tax advice.

16. Limitation of Liability

To the fullest extent permitted by law, Bullring and its affiliates will not be liable for indirect, incidental, special, punitive, or consequential damages, lost profits, loss of data, or business interruption. Our aggregate liability arising out of or relating to the Services shall not exceed the fees paid by you to Bullring in the three (3) months preceding the event giving rise to the claim. Nothing excludes liability for fraud or wilful misconduct or any liability that cannot be limited by law.

17. Indemnity

You will defend, indemnify, and hold harmless Bullring, its officers, directors, employees, and partners from third-party claims arising from your (i) breach of these Terms, (ii) violation of law, or (iii) misuse of the Services.

18. Electronic Communications & E-Sign

You consent to receive electronic communications and records from us and our partners. See Exhibit A (E-Sign Consent).

19. Changes to Terms

We may update these Terms from time to time. We’ll notify you by posting the updated Terms or via email/in-app notice. Continued use constitutes acceptance. If you disagree, stop using the Services and close your account.

20. Assignment

You may not assign these Terms without our consent. We may assign to an affiliate, successor, or acquirer.

21. Governing Law & Dispute Resolution

These Terms are governed by the laws of England & Wales. The courts of England and Wales have exclusive jurisdiction over disputes (subject to any mandatory consumer protections that may apply, though the Services are business-focused).

22. Miscellaneous

If any provision is unenforceable, the rest remains effective. No waiver is implied by a delay or omission. Section headings are for convenience only.

Contact

Bullring Finance LTD, Reg No. 13950062

42, One Swallow Street, Birmingham, B1 2AP, United Kingdom

legal@bullring.finance