Terms and Conditions
Terms of Use
Last updated: 1st March 2026
These Terms of Use (“Terms”) govern your access to and use of the Raaz mobile application (the “App”), operated by Ain Technologies LLC, company registered in the Sultanate of Oman with CR 1597120 (“we”, “us”, or “our”). The App is made available through the Apple App Store and Google Play Store.
By downloading, installing, accessing, or using the App, you agree to be bound by these Terms. If you do not agree to these Terms, you must not use the App.
1. License to Use the App
Subject to your compliance with these Terms, we grant you a limited, non-exclusive, non-transferable, revocable license to download and use the App on a mobile device that you own or control, solely for your personal, non-commercial use.
You may not:
Copy, modify, or create derivative works of the App
Reverse engineer or attempt to extract the source code of the App
Rent, lease, sublicense, distribute, or commercially exploit the App
Use the App in any unlawful manner
All rights not expressly granted are reserved by Ain Technologies LLC.
2. Eligibility
You must be at least 18 years old to use the App.
By using the App, you confirm that:
You have the legal capacity to enter into these Terms
All information you provide is accurate and complete
3. Account Registration
Some features of the App may require you to create an account.
You agree to:
Provide accurate and up-to-date information
Maintain the confidentiality of your login credentials
Accept responsibility for all activities that occur under your account
We reserve the right to suspend or terminate accounts that violate these Terms.
4. Financial Information Provided by Users
The App allows users to upload financial documents such as bank statements in PDF or CSV format and other transactional information.
By uploading financial information, you represent and warrant that:
The financial information belongs to you or you are authorized to provide it
You have the legal right to upload and share such information
The information is accurate to the best of your knowledge
The App processes uploaded information to generate financial summaries, analytics, and insights.
You acknowledge that financial data may contain sensitive information. While we implement reasonable security safeguards, no system can guarantee complete security.
5. License to Process User Data
You retain ownership of the financial data and documents that you upload to the App.
By submitting such information, you grant Ain Technologies LLC a worldwide, non-exclusive, royalty-free license to:
Store
Process
Analyze
Reproduce
Display
your uploaded information solely for the purpose of operating, improving, and providing the services offered through the App.
6. Data Use and Personalization
Information provided through the App may be used to:
Generate financial insights, analytics, and summaries
Improve the functionality and performance of the App
Develop aggregated and anonymized insights about usage patterns
Provide personalized recommendations, offers, and promotions
Personalized promotions may be generated based on patterns identified in your financial information or usage behavior.
These promotions are provided for informational purposes only and do not constitute financial advice or recommendations.
7. Aggregated and Anonymized Data
We may create aggregated or anonymized datasets derived from user information.
Such datasets do not identify individual users and may be used for:
Analytics and research
Product improvement
Service optimization
Business insights
8. Third-Party Promotions and Services
The App may display promotions, discounts, or offers from third-party organizations.
You acknowledge and agree that:
Such promotions are provided by independent third parties
We do not control, endorse, or guarantee these offers
Any engagement or transaction with a third party is solely between you and the third party
We are not responsible for the products, services, promotions, or representations of third parties.
9. No Financial or Professional Advice
The App provides tools for financial organization and informational insights only.
Nothing within the App constitutes:
Financial advice
Investment advice
Tax advice
Legal advice
You should consult qualified professionals before making financial decisions.
10. Regulatory Status
The App is a financial information and analytics tool only.
Ain Technologies LLC is not a bank, financial institution, investment advisor, broker, or licensed financial services provider.
The App:
Does not hold or manage customer funds
Does not execute financial transactions
Does not provide regulated financial services
Does not guarantee financial outcomes
Any insights, analytics, or promotions displayed through the App are informational in nature and should not be relied upon as professional financial advice.
Users remain solely responsible for their financial decisions.
11. Acceptable Use
You agree not to:
Upload fraudulent or misleading financial information
Attempt to gain unauthorized access to systems or data
Interfere with the operation or security of the App
Use the App in violation of any applicable laws or regulations
We reserve the right to suspend or terminate access if these Terms are violated.
12. Third-Party Links and Integrations
The App may contain links to third-party websites or services.
We do not control and are not responsible for:
The content or policies of third-party websites
Services provided by third parties
The availability or reliability of external services
Access to third-party services is at your own risk.
13. Feedback
If you provide suggestions, ideas, or feedback regarding the App, you grant Ain Technologies LLC the right to use such feedback without restriction or compensation.
14. Privacy
Your use of the App is also governed by our Privacy Policy, which describes how we collect, use, and protect your information.
15. Intellectual Property
All software, content, designs, trademarks, logos, and materials associated with the App are owned by or licensed to Ain Technologies LLC and are protected by applicable intellectual property laws.
You may not reproduce, distribute, or exploit any part of the App without prior written permission.
16. App Store Terms
If you download the App through the Apple App Store or Google Play Store:
Apple and Google are not responsible for the App or its content
Your use of the App must comply with the applicable store terms of service
Apple and Google are third-party beneficiaries of these Terms
17. Service Availability
We may update, modify, suspend, or discontinue the App or any of its features at any time without notice.
We do not guarantee uninterrupted or error-free operation of the App.
18. Disclaimer of Warranties
The App is provided “as is” and “as available.”
To the maximum extent permitted by law, we disclaim all warranties, including:
Merchantability
Fitness for a particular purpose
Accuracy or reliability of financial insights
Continuous availability of the service
19. Limitation of Liability
To the maximum extent permitted by law, Ain Technologies LLC, its affiliates, employees, and partners shall not be liable for any financial losses, damages, or liabilities arising from the use of the App.
This includes, but is not limited to:
Decisions made based on information or insights generated by the App
Errors or inaccuracies in uploaded financial information
Losses related to third-party promotions, products, or services
Interruption or unavailability of the App
20. Indemnification
You agree to indemnify and hold harmless Ain Technologies LLC, its directors, employees, and affiliates from any claims, damages, losses, liabilities, or expenses arising from:
Your use of the App
Your violation of these Terms
Information or documents you upload to the App
Your interaction with third-party promotions or services
21. Account Termination and Data Retention
You may stop using the App and close your account at any time.
We may suspend or terminate access to the App if:
You violate these Terms
Your use poses risk to the App or other users
We are required to do so by law
Following account termination, we may delete, anonymize, or retain user data as required for legal, regulatory, or operational purposes.
22. Force Majeure
We shall not be liable for failure or delay in performing our obligations if such failure results from events beyond our reasonable control, including but not limited to:
Internet outages
Cyberattacks
Government actions
Natural disasters
Infrastructure failures
23. Changes to These Terms
We may update these Terms from time to time. Updated versions will be made available within the App or through the app stores.
Your continued use of the App after changes take effect constitutes acceptance of the revised Terms.
24. Governing Law
These Terms are governed by the laws of the Sultanate of Oman.
Any disputes arising from these Terms shall be subject to the jurisdiction of the courts of Oman.
25. Contact Information
For questions regarding these Terms, please contact:
Ain Technologies LLC
PO Box 1668, PC 112, Ruwi, Sultanate of Oman
Email: [support@raaz-app.com]