Terms and Conditions

These Terms and Conditions (hereinafter "Terms") govern the use of the web application WonderFunds (hereinafter "Service"), available at wonderfunds.app.

The Service is operated by SKAJ Ventures GmbH (hereinafter "Provider"). By registering for and using the Service, the user agrees to these Terms.

Deviating terms of the user are not recognized unless the Provider expressly agrees to their validity in writing.

SKAJ Ventures GmbH
Sonnenlandstraße 4
14471 Potsdam
Germany

Managing Director: Stefan Köhn
Registry Court: Amtsgericht Potsdam
Commercial Register No.: HRB 27911 P
VAT ID: DE300292359

Email: support@wonderfunds.app

Use of the Service requires registration with a valid email address and password. The user must be at least 18 years old.

The user is obligated to provide truthful information during registration and to keep their login credentials confidential. Any use made through the user account is attributed to the account holder.

The user must notify the Provider immediately if they become aware that third parties have gained unauthorized access to their account.

WonderFunds is a privacy-first web application for personal finance management. The Service includes:

• Upload and processing of bank statements, credit card exports, and PayPal reports (CSV, PDF)
• AI-powered automatic transaction categorization
• Money flow visualization via Sankey diagrams
• Detection of recurring transactions (subscriptions, rent, etc.)
• Financial report generation and data export
• Anonymized, aggregate financial statistics

WonderFunds does not connect to bank accounts. The user controls what data enters the system by manually uploading files.

The Service does not constitute financial advice. The information, categorizations, and AI insights provided serve solely for personal overview and do not replace professional financial, tax, or legal advice.

The Service is offered in the following plans:

Current prices are available on the pricing page at wonderfunds.app. The Provider reserves the right to change prices for future billing periods with at least 4 weeks' notice.

Payment processing is handled by Stripe (Stripe Payments Europe, Ltd.). Stripe's terms of service apply additionally.

Paid subscriptions are billed in advance on a monthly or annual basis, depending on the selected billing cycle. Billing begins on the date of purchase.

All prices are stated in Euros (€) and include applicable statutory VAT.

In the event of a failed payment, the Provider reserves the right to restrict access to paid features until the outstanding payment is settled.

Withdrawal Policy

Consumers as defined by § 13 BGB (German Civil Code) have the right to withdraw from this contract within 14 days without giving any reason. The withdrawal period is 14 days from the date of contract conclusion.

To exercise your right of withdrawal, you must inform us at

SKAJ Ventures GmbH
Sonnenlandstraße 4
14471 Potsdam
Email: support@wonderfunds.app

by means of a clear statement (e.g., a letter sent by post or an email) of your decision to withdraw from this contract.

To meet the withdrawal deadline, it is sufficient for you to send the communication concerning your exercise of the right of withdrawal before the withdrawal period has expired.

Consequences of Withdrawal

If you withdraw from this contract, we shall reimburse all payments received from you without undue delay and no later than 14 days from the day on which we received notification of your withdrawal. We will use the same means of payment you used for the original transaction, unless expressly agreed otherwise.

Early Expiry of the Right of Withdrawal

The right of withdrawal expires prematurely if the Provider has begun performance of the contract after the user has expressly consented to the Provider beginning performance before the expiry of the withdrawal period, and the user has confirmed their knowledge that they lose their right of withdrawal upon commencement of performance (§ 356 para. 5 BGB).

The user agrees to:

• use the Service only for personal finance management;
• not upload any unlawful, misleading, or harmful content;
• not perform automated access (bots, scrapers) on the Service unless expressly permitted via the API in the Business plan;
• not circumvent or manipulate any security measures of the Service;
• keep their account credentials confidential and not share them with third parties.

In the event of violations of these obligations, the Provider is entitled to temporarily suspend or permanently delete the user account.

All rights to the software, design, texts, and other content of the Service belong to the Provider or its licensors. The user receives a simple, non-transferable, non-sublicensable right of use for the duration of the contractual relationship.

Data uploaded by the user remains the property of the user. The Provider receives the right to process this data solely for the purpose of providing the Service.

Anonymized, aggregate data that does not allow conclusions about individual users may be used by the Provider for statistical purposes and to improve the Service.

The protection of personal data is a top priority for the Provider. Personal data is processed in accordance with the General Data Protection Regulation (GDPR) and the German Federal Data Protection Act (BDSG).

Key privacy features of the Service:

• No bank connections: The Service does not connect to bank accounts. Users upload files themselves.
• Encrypted storage: Financial data is encrypted using a DEK/KEK encryption scheme and linked via a pseudonymous token (userDataToken), not directly to the user account.
• Raw data deletion: Uploaded files (CSV, PDF) are permanently deleted after processing.
• No third-party sharing: Personal financial data is not sold or shared with third parties.
• Server location: All data is processed and stored on servers in the European Union (Frankfurt am Main).

For further details, please refer to our Privacy Policy.

The Service uses artificial intelligence for automatic transaction categorization, recurring payment detection, and spending insight generation.

AI-powered results are provided in good faith but are not error-free. The user is encouraged to review AI categorizations and correct them as needed. The Provider assumes no liability for decisions made based on AI-generated insights.

The AI learns from user corrections and custom rules. These learning processes are user-specific and are not used to create user profiles for advertising purposes.

The Provider strives to ensure uninterrupted availability of the Service. However, 100% availability cannot be technically guaranteed.

Planned maintenance will be announced in advance where possible. The Provider is not liable for outages caused by force majeure, technical disruptions at third-party providers, or circumstances beyond its control.

The Provider is liable without limitation for damages arising from injury to life, body, or health based on intentional or negligent breach of duty, as well as for damages based on intentional or grossly negligent conduct.

In the case of breach of material contractual obligations (cardinal obligations), the Provider is also liable for slight negligence, but limited to the foreseeable, contract-typical damage.

Otherwise, the Provider's liability is excluded to the extent permitted by law. This applies in particular to:

• damages caused by incorrect AI categorizations or insights;
• financial decisions made based on data displayed in the Service;
• data loss where the user has failed to perform regular backups (e.g., via the export function).

The above limitations of liability also apply in favor of the Provider's legal representatives and agents.

Free plan: The user may delete their account at any time in the settings. Deletion takes effect immediately and is irreversible.

Paid plans: Paid subscriptions may be cancelled at any time, effective at the end of the current billing period. After cancellation, the account is downgraded to the free plan.

The Provider is entitled to terminate the user account without notice in the event of serious violations of these Terms.

Upon termination or account deletion, all user data — including transactions, categories, rules, and encryption keys — is permanently and irreversibly deleted. The user should back up their data via the export function before deletion.

The Provider reserves the right to amend these Terms with effect for the future. Changes will be communicated to the user at least 4 weeks before taking effect via email or a notice within the Service.

If the user does not object to the changes within 4 weeks of receiving the notification, the amended Terms are deemed accepted. The Provider will inform the user in the change notification of the significance of the deadline and the legal consequences of silence.

In the event of an objection, both parties have a special right of termination.

Should any provision of these Terms be or become invalid or unenforceable, the validity of the remaining provisions shall not be affected. In place of the invalid or unenforceable provision, the valid and enforceable provision whose effects most closely approximate the economic objective pursued by the contracting parties with the invalid or unenforceable provision shall apply.

The laws of the Federal Republic of Germany shall apply, excluding the UN Convention on Contracts for the International Sale of Goods (CISG).

Mandatory consumer protection provisions of the country in which the user has their habitual residence shall remain unaffected.

The place of jurisdiction for all disputes arising from or in connection with these Terms is — to the extent permitted by law — Potsdam.

For consumers, this jurisdiction clause only applies insofar as they do not have a general place of jurisdiction in the European Union.

The European Commission provides a platform for online dispute resolution (ODR): https://ec.europa.eu/consumers/odr. The Provider is neither willing nor obligated to participate in dispute resolution proceedings before a consumer arbitration board.