Terms of Service

Last updated: April 2026

These Terms of Service (“Terms”) govern your use of the Folko mobile application (“App”) operated by Folko (“we”, “our”, “us”).

1. Acceptance of Terms

By using the App, you agree to these Terms. If you do not agree, do not use the App.

2. Description of Service

Folko is a cashbook application that helps you track income, manage expenses, and split shared costs. The App does not process financial transactions — payment rail integrations (PIX, UPI, Venmo, PayPal, etc.) are deep links only. Folko never holds, transfers, or has access to your money.

3. Accounts

You must provide a valid email address to create an account. You are responsible for maintaining the security of your account. You must be at least 13 years old to use the App.

4. Free & Paid Tiers

Free tier: 3 cashbooks, 4 members per cashbook, 3 currencies per cashbook, unlimited transactions, 3 recurring transactions, 3 receipt scans per month, 1 savings goal, Amber theme only. No ads. Ever.

Supporter tier: 10 cashbooks, 30 members per cashbook, unlimited currencies, unlimited recurring transactions, 5 savings goals, unlimited receipt scans, report exports (CSV, Excel, PDF), all 8 themes in light and dark, travel mode, Supporter badge.

Patron tier: 50 cashbooks, 100 members per cashbook, unlimited savings goals, Bitcoin cost basis tracking, all Supporter features, Patron badge, early access to new features, priority support.

Pricing: Supporter is $2.99 per month, $25 per year (30% off), or $99 as a Founding Member lifetime (limited to 1,000 lifetime seats). Patron is $4.99 per month, $42 per year (30% off), or $199 as a Founding Member lifetime (limited to 1,000 lifetime seats).

Subscriptions are managed through Apple App Store or Google Play Store and may be cancelled at any time through your platform's subscription settings.

5. Service Continuity

We commit to maintaining the App for at least 24 months from the public launch date, regardless of commercial performance. After that period, service continues while commercially viable. We will provide at least 90 days written notice (email and in-app notification) before any service discontinuation.

Lifetime subscribers: In the event of service discontinuation, we will make reasonable efforts to provide pro-rated refunds or data export assistance at our discretion.

6. Data Export

You can request a copy of your personal data at any time by emailing hello@folko.io. We will provide your raw personal data in a standard machine-readable format within 30 days.

The data export right provides your raw personal data in a standard format for portability purposes. It is not a substitute for the Reports feature, which provides formatted, filtered, and presentation-ready financial reports available on paid tiers.

7. Acceptable Use & Prohibited Content

Folko is a financial management tool. All features — including the receipt scanner and any file uploads — are intended exclusively for legitimate financial documents and records. You agree not to:

Violation of these terms may result in immediate and permanent account termination without prior notice or refund. We reserve the right to report illegal activity to the appropriate law enforcement authorities and to cooperate fully with any resulting investigation.

8. Intellectual Property

The App and its content are owned by Folko and protected by copyright and other intellectual property laws. You may not copy, modify, or distribute the App.

9. Disclaimer of Warranties

The App is provided "as is" without warranties of any kind. We do not guarantee accuracy of financial calculations, OCR results, or exchange rates.

10. Limitation of Liability

To the maximum extent permitted by law, we shall not be liable for any indirect, incidental, or consequential damages arising from your use of the App.

11. Termination

We may terminate or suspend your account at any time for violation of these Terms. You may delete your account at any time from Settings → Delete Account in the Folko app.

12. Copyright Policy and DMCA Notices

Folko respects the intellectual property rights of others and expects users to do the same. In accordance with the Digital Millennium Copyright Act of 1998 ("DMCA"), Folko will respond promptly to claims of copyright infringement that are reported to our designated copyright agent identified below.

Reporting Alleged Infringement

If you are a copyright owner, or authorized to act on behalf of one, and you believe that content available through Folko infringes your copyright, you may submit a notification under the DMCA by providing our copyright agent with the following information in writing:

  1. A physical or electronic signature of a person authorized to act on behalf of the owner of an exclusive right that is allegedly infringed;
  2. Identification of the copyrighted work claimed to have been infringed, or, if multiple copyrighted works are covered by a single notification, a representative list of such works;
  3. Identification of the material that is claimed to be infringing or to be the subject of infringing activity and that is to be removed, with information reasonably sufficient to permit us to locate the material;
  4. Information reasonably sufficient to permit us to contact you, including an address, telephone number, and email address;
  5. A statement that you have a good faith belief that use of the material in the manner complained of is not authorized by the copyright owner, its agent, or the law; and
  6. A statement that the information in the notification is accurate, and under penalty of perjury, that you are authorized to act on behalf of the owner of an exclusive right that is allegedly infringed.

Designated Copyright Agent

DMCA notices should be sent to our designated copyright agent:

Copyright Agent [LLC_NAME] [LLC_ADDRESS] Email: dmca@folko.io

Failure to comply with all the requirements of Section 512(c)(3) of the DMCA may result in your notice being ineffective.

Counter-Notification

If you believe that your content was removed or disabled by mistake or misidentification, you may submit a counter-notification to our copyright agent at the address above. Your counter-notification must include:

  1. Your physical or electronic signature;
  2. Identification of the material that has been removed or to which access has been disabled and the location at which the material appeared before it was removed or disabled;
  3. A statement under penalty of perjury that you have a good faith belief that the material was removed or disabled as a result of mistake or misidentification;
  4. Your name, address, and telephone number; and
  5. A statement that you consent to the jurisdiction of the U.S. Federal District Court for the judicial district in which your address is located, or for any judicial district in which Folko may be found if your address is outside the United States, and that you will accept service of process from the person who provided the original infringement notification or an agent of that person.

Repeat Infringer Policy

In accordance with the DMCA and other applicable law, Folko has adopted a policy of terminating, in appropriate circumstances and at our sole discretion, the accounts of users who are deemed to be repeat infringers. We may also at our sole discretion limit access to the Service or terminate the accounts of any users who infringe any intellectual property rights of others, whether or not there is any repeat infringement.

Misrepresentations

Under Section 512(f) of the DMCA, any person who knowingly materially misrepresents that material or activity is infringing, or that material or activity was removed or disabled by mistake or misidentification, may be subject to liability.

13. Governing Law

These Terms are governed by applicable local law in your jurisdiction.

14. Changes to Terms

We may update these Terms from time to time. Continued use of the App after changes constitutes acceptance.

15. Contact

Questions about these Terms? Contact us at hello@folko.io.