Terms & Conditions

1. Introduction and Acceptance

These Terms & Conditions (“Terms”) govern your access to and use of the Kvantra platform, websites, applications, tools and services (collectively, the “Platform”).

The Platform is operated by Kvantra Operations AS, a company incorporated under the laws of Norway (org.nr 937 809 697) with registered address Keiser Wilhelms gate 22, 6003 Ålesund (“Kvantra”, “we”, “us”, “our”). The Platform, its software, models and intellectual property are owned by its parent company Kvantra AS (org.nr 935 948 940) and operated by Kvantra Operations AS under licence.

By creating an account, starting a trial, purchasing a subscription, or using the Platform in any way, you:

• confirm that you have read and understood these Terms,
• agree to be legally bound by them, and
• consent to our processing of personal data as described in our Privacy Policy.

If you do not agree to these Terms, you must not use the Platform.

Language Acceptance. The official language of the Platform and these Terms is English. By creating an Account, you explicitly acknowledge and agree that all communication, contracts, disclosures, and information regarding the Services will be provided in English only, and you waive any right to require such information in any other language under local law.

These Terms are supplemented by:

• our Privacy Policy,
• our Refund Policy, and
• our End-User License Agreement (EULA),

which together form the entire agreement between you and Kvantra regarding your use of the Platform.

2. Definitions

In these Terms:

• “Account” means a user account registered on the Platform.
• “Content” means all data, information, text, graphics, algorithms, analytics, charts and other material made available on or via the Platform.
• “Kvantra Data” means data, metrics, scores, models and analytics generated or processed through the Platform on the basis of Third-Party Data and/or internal models, including any derived or calculated outputs, factors, rankings or scores.
• “Third-Party Data” means market data, reference data, fundamentals, estimates, news or other information provided to Kvantra by external data vendors and displayed or processed through the Platform, including data licensed from Financial Modeling Prep Inc. (“FMP”).
• “Services” means access to the Platform, including tools for screening, analytics, research and related features offered under a paid subscription or free tier.
• “Subscription” means a paid plan granting time-limited access to specific Services as described on the Platform.
• “User”, “you” means the individual (or, where applicable, the legal entity) registering an Account or accessing the Platform.
• “End User” means any natural person authorized to access the Platform under an Account and who views or accesses Content, including any derived analytics or scores produced from Third-Party Data.

3. Scope of Services

3.1 Nature of the Platform

The Platform provides tools, models and data for equity and market analysis. It is designed for informational and educational purposes only. It does not provide personalised investment advice, execution, or recommendations, and is not intended for general circulation as investment advice.

You remain solely responsible for all investment and trading decisions you make, even where such decisions are informed by Content from the Platform.

3.2 Service Changes

We may, at our sole discretion, add, modify, suspend or remove features, data sources or parts of the Services at any time. We are under no obligation to maintain any specific feature, dataset, model or integration.

3.3 No Guarantee of Availability

We aim for high uptime and consistent service quality, but we do not guarantee uninterrupted access. Planned and unplanned downtime may occur, including maintenance windows, provider outages and force majeure.

4. Eligibility and Account Registration

4.1 Eligibility

You may only use the Platform if:

• you are at least 18 years old; and
• you have the legal capacity to enter into binding agreements.

If you are using the Platform on behalf of an organization, you represent that you have authority to bind that organization to these Terms.

4.2 Account Information

You must provide accurate, complete and up-to-date information when creating an Account, and keep it updated. We may suspend or terminate Accounts created with false or misleading information.

4.3 Account Security

You are responsible for safeguarding your login credentials and for all activity under your Account. You must:

• keep your password confidential;
• notify us promptly of any unauthorised access or suspected breach; and
• log out after each session on shared devices.

You must not share your login credentials with any other person or permit multiple End Users to use a single set of credentials. Each Subscription seat is for use by one (1) named End User only. We may limit logins to one End User per set of credentials and may suspend or terminate Accounts where sharing is suspected.

We may suspend or terminate your Account if we suspect misuse, security risk or breach of these Terms.

5. Subscription Plans, Trials, Payments and Refunds

5.1 Plans and Pricing

Available plans, features and prices are described on the Platform. We may update pricing and plan structures from time to time. Any changes will apply from the next billing period, unless otherwise stated.

5.2 Free Tier / Trial

We offer free trials of paid plans. No payment details are required, and a trial does not convert into a paid Subscription automatically: when the trial ends, your Account returns to the plan you had before the trial (the free plan if you had none), unless you subscribe. Trials are limited to one per User. If you subscribe during a trial, the paid Subscription starts immediately and the trial ends. After a downgrade, content exceeding your plan's limits may need to be removed, or an upgrade is required to keep it. We may modify or terminate trial offers at any time.

5.3 Billing and Auto-Renewal

Paid Subscriptions are billed in advance (monthly or annually, as selected). Unless cancelled prior to the renewal date, your Subscription will automatically renew and your payment method will be charged for the next term.

5.4 Refunds and Satisfaction Guarantee

Unless explicitly stated otherwise on the Platform or required by mandatory law, all fees are non-refundable, including for partial periods, unused features, or downgrades. Refunds are governed by our Refund Policy.

We offer a 14-day money-back guarantee: if you are not satisfied, you may request a full refund within 14 calendar days of your first paid transaction. The guarantee applies once per customer, and upgrading or changing plans does not restart it. Full conditions are set out in our Refund Policy.

The applicable guarantee, duration and conditions will be clearly described on the Platform at the point of purchase. Your right to request a refund under any such guarantee is a contractual right that comes in addition to, and does not limit, any mandatory statutory rights you may have. The right to refund is limited, in either case, to the amount of the subscription fee paid.

If there is any conflict between a satisfaction guarantee advertised for a specific plan and this Section 5.4, the specific guarantee terms shown at purchase will prevail for that plan.

5.5 Payment Failure

If payment fails or is reversed, we may:

• suspend or limit access to the Services, and/or
• terminate the Subscription and Account.

6. Licence and Permitted Use

6.1 Limited Licence

Subject to these Terms and the EULA, Kvantra grants you a limited, non-exclusive, non-transferable, revocable licence to access and use the Platform and Content for your own internal research and analysis.

6.2 Personal / Internal Use Only

Unless explicitly agreed in a separate written contract:

• you may not resell, redistribute, repackage or commercialise the Content;
• you may not provide systematic or automated access to the Platform to third parties;
• you may not use the Services to operate a competing data, analytics or investment research product;
• you may not act as a data vendor or redistributor of any Third-Party Data;
• you may not allow any third party to rely on the Platform as a substitute for their own licence to any underlying data.

6.3 Output Usage

You may export limited screenshots, charts or numerical outputs from the Platform for:

• your own internal use; or
• provided that:
  • any Kvantra and/or Third-Party Data branding, copyright notices and source attributions remain visible;
  • Third-Party Data usage limits, display rules and contractual restrictions are respected; and
  • you do not provide any recipients with a substitute for direct access to the Platform or a functional replication of any dataset.

Any use of outputs that effectively recreates a dataset, feed or bulk extract is strictly prohibited. In particular, you must not systematically export, aggregate or otherwise harvest scores, rankings, factor values or other analytics from the Platform with the purpose or effect of reconstructing Kvantra’s or any data vendor’s datasets, models or feeds, or of providing a substitute for them.

7. Prohibited Use

You must not:

• copy, scrape, harvest or systematically download data from the Platform;
• create or attempt to create a database, index, benchmark, financial product or investable index that is based on or derived from Kvantra Data or Third-Party Data, without our prior written consent (and, where applicable, consent from the relevant data vendor);
• reverse-engineer, decompile or attempt to derive the underlying models, algorithms or source code of the Platform, Kvantra Data or Third-Party Data processing;
• circumvent or attempt to circumvent any security, rate-limiting, metering, authentication or access control mechanism;
• use bots, scripts, crawlers or automated tools to access, query, or extract Content;
• use the Platform in any way that is unlawful, fraudulent, misleading or abusive;
• upload or transmit viruses, malware or other harmful code;
• use the Platform to violate any applicable laws or regulations (including but not limited to market abuse, insider trading, sanctions, anti-money laundering or financial promotion rules);
• use the Platform or Content to offer regulated investment services unless you are authorised to do so and your use is otherwise compliant with applicable law.

We reserve the right to investigate and take legal action (including suspension, termination, IP enforcement and notification to relevant authorities) in response to any misuse.

8. Market Data, Data Sources and Third-Party Content

8.1 Third-Party Data Vendors

Kvantra uses data supplied by third-party vendors. Such data is subject to their own licence terms and may be amended, delayed or withdrawn at any time.

Without limitation, Kvantra AS (parent company) currently licenses market and fundamentals data from Financial Modeling Prep Inc. (“FMP”), which is made available to you through the Platform. FMP is a third-party provider and has no direct relationship with you as an End User.

8.2 No Ownership Transfer – “Data is Licensed, Not Sold”

All Third-Party Data remains the exclusive property of the respective data vendors (including FMP). You receive only a limited, non-exclusive right to view and use such data via the Platform in accordance with these Terms and the EULA.

You acquire no ownership, title or other intellectual property rights in any Third-Party Data. The underlying data is licensed, not sold, to you.

8.3 No Redistribution

You may not:

• redistribute, resell, republish, broadcast, or provide direct or indirect access to Third-Party Data to any third party;
• create or provide a competing data feed, API, download service or database derived from Third-Party Data;
• use Third-Party Data in external products, services, platforms or reports in a way that functions as a substitute for the Third-Party Data service itself.

Limited use of screenshots or small, non-systematic excerpts in presentations or written analysis is permitted, as long as it does not constitute redistribution, bulk extraction or a replacement for the underlying service, and all source attributions remain visible.

The Platform may display source notices such as “Market data provided by Financial Modeling Prep” or similar. You must not remove, obscure or alter such notices.

8.4 Data Accuracy and Timeliness

Third-Party Data (including FMP data) may contain errors, omissions, delays or inaccuracies. While we use reputable vendors and apply reasonable care, we do not guarantee that any data is accurate, complete, up-to-date or free of errors.

Delays, interruptions and inaccuracies may occur due to technical issues, corporate actions, vendor errors, restatements, revised filings or other factors.

You are responsible for cross-checking critical data with official or primary sources before relying on it for decisions.

8.5 Data Vendor Disclaimers and Third-Party Beneficiaries

Data vendors, including FMP, expressly disclaim all warranties and have no liability towards you as an End User. To the maximum extent permitted by law:

• vendors provide data “as is” and “as available”;
• vendors do not guarantee accuracy, completeness, timeliness or fitness for any particular purpose;
• vendors are intended third-party beneficiaries of these Terms with respect to your obligations regarding their data, disclaimers and limitations of liability, and may rely on and enforce those provisions directly against you.

9. No Investment Advice – Important Risk Disclaimer

9.1 No Advice or Recommendations

The Platform, Kvantra Data, dashboards, scores, rankings, signals, screeners, model portfolios, commentary and any related content:

• do not constitute investment advice, financial advice, tax advice or legal advice;
• do not constitute investment research as defined in securities regulation unless explicitly stated;
• do not take into account your personal circumstances, risk tolerance or investment goals;
• must not be treated as a recommendation to buy, sell or hold any security or financial instrument.

All Content is provided for informational and educational purposes only. It is not tailored to you and is not a personal recommendation.

9.2 User Responsibility

You are solely responsible for:

• your investment decisions;
• performing your own due diligence and analysis;
• understanding the instruments you trade; and
• consulting independent professional advisers where appropriate (e.g. licensed financial advisers, lawyers, tax professionals).

We do not confirm whether any investment, strategy or instrument is appropriate or suitable for you.

9.3 Investment Risk

You acknowledge that:

• the value of securities and investments may go up as well as down;
• past performance is not a reliable indicator of future results;
• you may lose part or all of your invested capital;
• leverage, derivatives and short-selling can increase risk substantially.

Kvantra is not liable for any decision or action you take based on the Content or the Platform, including any trading or investment losses.

10. Beta Features and Experimental Tools

We may offer access to beta or experimental features, datasets or models.

Beta features are provided “as is” with no warranties, and may contain bugs, errors, incomplete logic or unstable behaviour.

We may modify or withdraw beta features at any time without notice.

Use of beta features is entirely at your own risk. You should not rely on beta outputs for production, client-facing or high-stakes decisions without independent verification.

11. Intellectual Property

11.1 Ownership

All rights, title and interest in and to:

• the Platform,
• Kvantra Data,
• software, code, architecture, models and algorithms,
• design, UI, branding, trademarks and logos,

are owned by Kvantra AS (parent company) or its licensors (including Third-Party Data vendors), and operated by Kvantra Operations AS under licence.

11.2 No Transfer of IP

Nothing in these Terms transfers any intellectual property rights to you. You receive only the limited licence explicitly granted in Section 6.

11.3 Trademarks

You may not use Kvantra’s name, logos or trademarks without our prior written permission, except for incidental reference as permitted under these Terms.

Third-party names, logos and trademarks (including FMP) are used with permission and remain the property of their respective owners. Their appearance does not imply endorsement of you or your use of the Platform.

12. Privacy and Cookies

Your use of the Platform is also governed by our Privacy Policy, which explains how we collect, use, store and protect personal data, and our use of cookies and similar technologies.

By using the Platform, you acknowledge that you have read and understood the Privacy Policy.

13. Security, Usage Logging and Misuse

We maintain administrative, technical and physical safeguards designed to protect the integrity and security of the Platform.

You must not:

• attempt to bypass security mechanisms or access data not intended for you;
• perform load-testing, penetration testing, or similar security assessments without our written consent;
• introduce malicious code, or attempt to disrupt the availability of the Platform.

We may monitor and log activity on the Platform (including user IDs, timestamps, IP addresses and feature usage) for security, abuse detection, capacity planning, billing, and to comply with our obligations to data vendors (including audit and reporting obligations).

We may suspend or terminate Accounts that pose a security risk, consume excessive resources, or appear to misuse the Services or Third-Party Data.

Kvantra AS, as the entity holding the data licence, will notify its data vendors (including Financial Modeling Prep) without undue delay and within any contractually required timeframe if a security incident affects data provided by those vendors.

14. Term, Suspension and Termination

14.1 Term

These Terms apply from the moment you first access the Platform and remain in force as long as you maintain an Account or continue to use the Services.

14.2 Termination by You

You may cancel your Subscription at any time through your Account settings or by contacting us. Cancellation will take effect at the end of the current billing period unless otherwise stated. A straightforward, self-service cancellation option will be available in your online Account for all recurring Subscriptions purchased online.

Deleting your Account or ceasing to use the Platform does not by itself entitle you to any refund of fees already paid, except as required by mandatory law or under any applicable satisfaction guarantee described on the Platform.

14.3 Suspension / Termination by Kvantra

We may suspend or terminate your Account or access to the Platform, with or without notice, if:

• you breach these Terms or the EULA;
• you misuse the Platform, Kvantra Data or Third-Party Data;
• we are required to do so by law, regulation, court order or data vendor request; or
• continued service to you is commercially, technically or legally unreasonable.

We may also remove or restrict access to specific functionalities, datasets, markets or features if required by our data vendors (including FMP) or for compliance reasons.

14.4 Effect of Termination

Upon termination:

• your licence to use the Platform and Content ends immediately;
• you must cease all use of the Platform and Content;
• any rights and obligations which by their nature should survive, will continue (including IP provisions, disclaimers, limitations of liability, indemnities, and payment obligations).

15. Disclaimers and Limitation of Liability

15.1 “As Is”

The Platform and Content (including Third-Party Data) are provided on an “as is” and “as available” basis, without any warranties of any kind, whether express or implied, including any implied warranties of merchantability, fitness for a particular purpose, title, non-infringement, or correctness.

We do not warrant that:

• the Platform will be uninterrupted, timely, secure or error-free;
• the data and analytics will be accurate, complete or suitable for your purposes;
• any detected errors will be corrected within any particular timeframe.

If you are a consumer, you have mandatory statutory rights regarding the conformity, quality and performance of digital content and digital services under the laws of your country of residence. Nothing in this section excludes or limits those mandatory rights, and the disclaimers above apply only to the extent permitted by applicable law.

15.2 No Liability for Indirect or Special Loss

To the fullest extent permitted by applicable law, Kvantra and its directors, officers, employees, affiliates and data vendors shall not be liable for:

• loss of profits, revenue, contracts or business;
• loss of data or corruption of data;
• loss of goodwill or reputation;
• any indirect, consequential, incidental, punitive or special damages;
• any trading or investment losses, or loss of opportunity, arising from your use of, or reliance on, the Platform or Content.

15.3 Aggregate Cap

To the extent Kvantra is found liable despite the above, Kvantra’s total aggregate liability arising out of or in connection with the Platform, Content or these Terms shall be limited to the amount of fees actually paid by you to Kvantra for the Services during the twelve (12) months immediately preceding the event giving rise to the claim.

Nothing in these Terms limits liability for gross negligence, wilful misconduct, or any other liability that cannot be limited under mandatory law.

16. Indemnity

You agree to indemnify and hold harmless Kvantra, its officers, employees, affiliates, licensors and data vendors (including FMP) from and against any claims, losses, damages, costs and expenses (including reasonable legal fees) arising from:

• your breach of these Terms or the EULA;
• your misuse of the Platform, Kvantra Data or Third-Party Data;
• any violation of applicable laws, regulations or third-party rights.

This indemnity is in addition to, and does not limit, any other indemnities or remedies available to Kvantra or its licensors under law or contract.

17. Governing Law and Dispute Resolution

These Terms are governed by and construed in accordance with Norwegian law, without regard to conflict of law rules. However, if you are a consumer and your habitual residence is in a country within the EEA or the UK, this choice of law does not deprive you of the protection of any mandatory consumer protection rules of your country of residence.

Any dispute arising out of or in connection with these Terms, the Platform or the Services shall be submitted to the exclusive jurisdiction of the courts of Norway, with “Oslo tingrett“ as agreed venue, unless mandatory consumer protection rules provide otherwise (for example, giving you the right to bring claims before the courts of your country of residence).

17A. Additional Rights for Consumers in the EEA And UK

If you are using the Platform as a consumer (i.e. for purposes outside your trade, business or profession) and you are habitually resident in a country within the EEA or the UK, nothing in these Terms is intended to exclude, limit or override any mandatory consumer protection rights that apply to you under the laws of your country of residence.

In particular, and without limitation:

• you may have a statutory right to withdraw from certain distance contracts within a minimum period (typically 14 days) without giving any reason;
• you may be entitled to bring legal proceedings in the courts of your country of residence; and
• you may have statutory rights relating to the conformity, quality and performance of digital services and content.

Our contractual 14-day money-back guarantee, where offered, is in addition to – and does not replace or reduce – any such mandatory statutory rights. Where your mandatory local consumer rights provide a more favourable outcome than these Terms, your local rights will prevail to that extent.

18. Changes to the Terms

We may update these Terms from time to time. The latest version will always be available on the Platform and the “Last updated” date will be adjusted accordingly.

If we make material changes, we will provide notice via the Platform and/or by email. Continued use of the Platform after the updated Terms take effect constitutes your acceptance of the changes.

19. Severability

If any provision of these Terms is held to be invalid, illegal or unenforceable by a competent court or authority, that provision shall be enforced to the maximum extent permitted by applicable law, and the remaining provisions shall continue in full force and effect.

If a provision is found to be invalid, illegal or unenforceable in one jurisdiction, this shall not affect its validity or enforceability in any other jurisdiction. Where possible, any invalid, illegal or unenforceable provision shall be replaced with a valid provision that most closely reflects the original commercial and legal intent of Kvantra and the User.

20. Contact

Kvantra Operations AS (org.nr 937 809 697)

Keiser Wilhelms gate 22, 6003 Ålesund

Email: Contact@Kvantra.ai