Effective date: 17 June 2026
These Terms of Service ("Terms") form a binding agreement between you and Emris Technologies Ltd ("Velora", "we", "us", "our") and govern your use of the Velora mobile and web application and related services (the "Service"). By creating an account or using the Service, you agree to these Terms and to our Privacy Policy. If you do not agree, do not use the Service.
You must be at least 18 years old (or the age of majority where you live) and able to enter into a binding contract. By using the Service you represent that you meet these requirements.
Velora is a personal budgeting tool that lets you record and categorise income and expenses, set budgets and goals, track debts and subscriptions, scan receipts, import statements, export reports, and ask questions of an in-app assistant. We may add, change, or remove features at any time.
Velora is a budgeting and informational tool. It is not a financial, investment, tax, legal, or accounting adviser, and it is not a bank or other financial institution. All content, insights, forecasts, and assistant responses are provided for general informational and educational purposes only and do not constitute professional advice or a recommendation to take any action. You are solely responsible for your financial decisions and should consult a qualified professional before making them. The assistant does not recommend specific securities and does not place trades.
Features that use automation or AI — including text parsing, receipt recognition, category suggestions, subscription detection, and forecasts — may be incomplete or inaccurate. You are responsible for reviewing and confirming every entry before relying on it. We do not warrant that any figure, projection, or categorisation is correct.
You are responsible for safeguarding your login credentials and for all activity under your account. Notify us promptly at veloraofficialapp@gmail.com of any unauthorised use. You agree to provide accurate account information and to keep it current.
Some features require Velora Pro, an auto-renewing subscription sold through the Apple App Store or Google Play. Key terms:
We grant you a limited, personal, non-exclusive, non-transferable, revocable licence to use the Service for your own personal, non-commercial use. You agree not to: copy, modify, reverse-engineer, decompile, or create derivative works of the Service (except to the extent this restriction is prohibited by law); resell, sublicense, or commercially exploit it; access it by automated means or scrape it; circumvent security or usage limits; misuse the app's features; or use the Service unlawfully or to infringe the rights of others.
You retain ownership of the data you enter. You grant us a limited licence to host, process, and display that data solely to provide the Service to you (the smart features process your text on your device, as described in the Privacy Policy). You are responsible for your content and confirm you have the right to submit it.
To the maximum extent permitted by law, the Service is provided "as is" and "as available," without warranties of any kind, whether express or implied, including implied warranties of merchantability, satisfactory quality, fitness for a particular purpose, non-infringement, accuracy, and uninterrupted or error-free operation. This Section is subject to Section 11.
To the maximum extent permitted by law, Emris Technologies Ltd and its officers, employees, and suppliers will not be liable for any indirect, incidental, special, consequential, exemplary, or punitive damages, or for any loss of profits, data, goodwill, or financial loss, arising from or relating to your use of (or inability to use) the Service — even if advised of the possibility. Our total aggregate liability for any and all claims relating to the Service will not exceed the greater of (a) the total amounts you paid us in the 12 months before the event giving rise to the claim, or (b) £50. This Section is subject to Section 11.
Nothing in these Terms excludes or limits our liability where it would be unlawful to do so. This includes liability for death or personal injury caused by our negligence, for fraud or fraudulent misrepresentation, and for any other liability that cannot be excluded or limited under applicable law. If you are a consumer, you have statutory rights that these Terms do not affect, including, in the UK, rights under the Consumer Rights Act 2015. Where mandatory consumer law applies, the limitations in Sections 9 and 10 apply only to the extent permitted by that law.
To the extent permitted by law, you agree to indemnify and hold harmless Emris Technologies Ltd from claims, damages, liabilities, and reasonable expenses (including reasonable legal fees) arising from your misuse of the Service, your content, or your breach of these Terms or of applicable law. This does not apply to liability arising from our own breach or negligence.
The Service relies on third parties (including Supabase, Apple, and Google). Their own terms and privacy policies govern their parts of the experience, and we are not responsible for them.
We may suspend or terminate your access where you materially breach these Terms, where required by law, or to protect the Service or other users; where practical and lawful we will give notice. You may stop using the Service and delete your account at any time. Sections that by their nature should survive termination (including Sections 3, 4, 8, 9, 10, 11, 12, and 16) will survive.
If you obtained the app from the Apple App Store: these Terms are between you and us, not Apple; Apple has no obligation to provide maintenance or support; Apple is not responsible for any product warranties or claims relating to the app; and Apple and its subsidiaries are third-party beneficiaries of these Terms and may enforce them. Equivalent terms apply to Google Play and its operator. You agree to comply with all applicable app-store terms.
These Terms are governed by the laws of England and Wales, without regard to conflict-of-laws rules, and the courts of England and Wales have jurisdiction. If you are a consumer resident in another country, you keep the benefit of any mandatory protections of the law of your country of residence, and you may bring proceedings there where the law allows.
We may update these Terms. We will notify you of material changes in-app or by email, and the changes take effect when posted (or later if stated). Your continued use of the Service after that means you accept the updated Terms.
If any provision is held unenforceable, the remaining provisions stay in effect. Our failure to enforce a right is not a waiver of it. You may not assign these Terms without our consent; we may assign them to an affiliate or successor. These Terms and the Privacy Policy are the entire agreement between you and us regarding the Service.
veloraofficialapp@gmail.com — Emris Technologies Ltd, London, United Kingdom.