Terms and Conditions

These Terms and Conditions (the “Terms and Conditions”) set out the basis on which Recube Technologies LLP (“Recube Technologies”, the “LLP”, “we” or “us”) offers the Investify website at www.investify.pk and its sub-domains (the “Website”), the Investify mobile applications (the “App”) and our related services (together, the “Services”). They apply to you whether or not you have an Account.

Acceptance of these Terms

Please read these Terms and Conditions and our Privacy Policy before using the Services. By accessing or using the Services you accept them. If you do not accept them, you may not use the Services. Any terms you propose that add to or conflict with these Terms and Conditions are rejected and have no effect.

You must be old enough to enter into a binding agreement under the law that applies to you, or have the permission of a parent or guardian, and you must meet the minimum age set out in our Privacy Policy.

We may change these Terms and Conditions at any time. The date at the top of this page shows when they were last updated. Changes take effect when we post the updated Terms and Conditions, and by continuing to use the Services after that you accept them.

Your Account

Some parts of the Services need an account (an “Account”). You can create one with details such as your name, email address, phone number and a password, or by signing in with a provider we support, such as Google or Apple. The information you give us must be accurate and kept up to date. We may refuse to create an Account, or ask you to verify your details, at our discretion.

You are responsible for keeping your sign-in details confidential and for everything that happens under your Account, including use by anyone you allow to access it. Tell us straight away if you believe someone has used your Account without your permission.

You may keep only one Account. You can stop using the Services and delete your Account at any time.

Paid Features and Subscriptions

The basic Services are free and may show advertising. We may offer paid features, such as an ad-free experience or other premium features, as a one-time purchase or as a subscription (“Paid Features”). What a Paid Feature includes, its price and the platforms it works on are described where it is offered, and may differ between platforms and app stores. Paid Features are linked to your Account and are available while you are signed in to it. We may add, change or withdraw Paid Features, and change how they are offered, at any time.

Payment. Purchases are made through the app store you use, such as the Apple App Store or Google Play, or through another payment provider we make available. The store or provider processes your payment under its own terms, and you must give it accurate and current payment information. You agree to pay the price shown when you buy, together with any applicable taxes and charges, and you are responsible for all purchases made through your Account.

Subscriptions and renewal. A subscription renews automatically at the end of each period, at the price then in effect, until you cancel it. You can cancel through the app store or payment provider you bought it from, and you must do so before the end of the current period, within the time that store or provider requires, to avoid the next charge. Deleting the App or your Account does not by itself cancel a subscription bought through an app store.

Free trials and offers. If we offer a free trial or promotion, the terms shown with the offer apply. Unless you cancel before a trial ends, the subscription starts and you will be charged. We may limit trials and offers and may not allow them to be combined.

Price changes. We may change prices and billing methods. A change to a subscription price applies from a later renewal. If you do not agree to a change, your remedy is to cancel before it takes effect.

Refunds. Refunds are covered by our Refund Policy and by the policies of the app store or payment provider you used. Except as stated there or required by law, payments are non-refundable. If you think you have been charged in error, contact us promptly.

Where a Paid Feature includes a product or service from a third party, that third party’s terms and privacy policy also apply, and we are not responsible for it.

Market Information

The Services make available a broad range of financial information that is generated by us, generated by automated systems, obtained from agents, vendors or partners (“Third Party Providers”), or sourced from or related to Pakistan Stock Exchange (PSX), CS Solutions (Pvt.) Limited (CS) and other data providers. This includes market data, quotes, prices, volumes, values, indices, exchange rates, commodity and other rates, announcements, corporate actions, financial results, news, analyst opinions, research reports, charts, highlights, summaries, indicators and other data (“Market Information”).

Market Information is provided for your convenience and for general information only. It is not investment advice, and we do not endorse or approve it. Market Information may be delayed, incomplete or inaccurate, and may quickly become unreliable for reasons such as changes in market conditions, transmission delays, system issues, provider changes or errors in source material. Recube Technologies, Investify, PSX, CS, the Third Party Providers and their respective licensors, suppliers, vendors, employees, contractors, agents and affiliates do not guarantee the timeliness, accuracy, completeness, correct sequencing, reliability or availability of Market Information, and do not warrant any result from using or relying on it. Neither we nor any Third Party Provider has to update any Market Information, and we may stop offering any of it at any time without notice.

The Services and Market Information are provided “as is” and “as available”. To the maximum extent permitted by law, Recube Technologies, Investify, PSX, CS, the Third Party Providers and their respective licensors, suppliers, vendors, employees, contractors, agents and affiliates disclaim all warranties, express or implied, and have no liability for any injury, loss or damage, whether direct, indirect, consequential, incidental, punitive or otherwise, arising in connection with the Services, Market Information or any related data or values, including from any interruption, delay, inaccuracy or termination, and whether arising from negligence or otherwise.

You must not, and must not allow anyone else to:

• copy, store, sell, license, distribute, transmit, redistribute or duplicate Market Information, or any part of it, to any other person in any form;
• make Market Information available on any website, in any application or otherwise to the public, or give access to it to anyone we have not authorised to receive it;
• use Market Information to create or operate any financial product, index or service, or in any way that would need a separate licence from us, our Third Party Providers or anyone else, without the necessary permission; or
• use the trademarks, logos or brand names in Market Information, or remove any copyright or proprietary notice from it. Recube Technologies and its Third Party Providers own the intellectual property rights in Market Information and those marks.

No Investment Advice

The Services are for information only. Nothing in the Services is, or should be read as, an offer of financial instruments, investment advice or an investment recommendation (that is, a recommendation to buy, sell or hold, or to enter or not enter into any transaction) by Recube Technologies, Investify, Pakistan Stock Exchange (PSX), CS Solutions (Pvt.) Limited (CS), any Third Party Provider or any of their respective licensors, suppliers, vendors, employees, contractors, agents or affiliates. Nothing in the Services is a solicitation, endorsement or offer to buy or sell any security or other financial instrument, in any jurisdiction. Investify is not a brokerage and does not give investment advice.

Where the Services show labels such as “Buy”, “Sell” or “Neutral”, or ratings, scores, meters, signals, highlights or summaries, these are produced automatically from standard, widely used definitions and are shown only to make information easier to read. Some content, including summaries, highlights, indicators, translations and some news items, is generated by automated systems, including artificial intelligence, and may contain errors or omissions. None of it is investment advice.

Calculators, tools and estimates in the Services give general illustrations based on what you enter and on assumptions, rates and rules that may be out of date or may not apply to you. They are not tax, legal, accounting or financial advice. Check the result with a qualified professional or the relevant authority before relying on it.

The content of the Services is general in nature. It does not take account of your circumstances and is not a complete statement of the matters discussed or of the law. It is not enough on its own to base an investment decision on, and past performance is not a guide to future results. We are not your fiduciary because you use the Services. You alone are responsible for evaluating the merits and risks of any information before you rely on it, and you should take independent professional advice where appropriate. You agree not to hold Recube Technologies, its affiliates or any Third Party Provider liable for any decision you make based on information made available through the Services.

Disclaimer of Warranties and Limitation of Liability

Content on the Services comes from many sources and is delivered electronically, so there may be delays, omissions, interruptions and inaccuracies in the content and in the Services.

No warranties. The Services, and all material and content available through them (“Content”), are provided “as is” and “as available”, without warranties of any kind. To the fullest extent permitted by law, Recube Technologies and its partners, officers, employees, affiliates, agents and licensors disclaim all express, implied and statutory warranties, including warranties of accuracy, completeness, currentness, timeliness, reliability, title, non-infringement, merchantability and fitness for a particular purpose, and any warranty that the Services will be available, uninterrupted, secure or free of errors or harmful components, or that any link or third-party service will continue to work.

No liability. To the fullest extent permitted by law, Recube Technologies and its partners, officers, employees, affiliates, agents and licensors will not be liable to you or to anyone else, in contract, tort (including negligence), strict liability or otherwise, for any financial or trading loss, loss of profits, revenue, data or goodwill, or for any indirect, special, incidental, punitive or consequential loss or damage, arising from or connected with the Services or the Content, even if we have been told that the loss was possible. This includes any loss arising from any decision made or action taken in reliance on the Services or the Content; from any error, delay, interruption or unavailability; from unauthorised access to or loss of your information; from material you download or obtain through the Services; and from matters beyond our reasonable control.

Cap. If, despite the above, we are found liable to you, our total liability for all claims connected with the Services is limited to the amount you paid to us for the Paid Feature that gave rise to the claim.

You use the Services, and anything you download or obtain through them, at your own risk. Nothing in these Terms and Conditions excludes or limits any liability that cannot be excluded or limited under applicable law.

Licence and Acceptable Use

We grant you a limited, personal, non-exclusive, non-transferable and revocable licence to access and use the Services, on condition that you comply with these Terms and Conditions. You are responsible for the devices, software and internet connection you use to access the Services, for any charges for them, and for keeping them secure.

Laws differ around the world. You are responsible for making sure that your use of the Services is lawful where you are. Being able to access the Services does not mean that they, or what you do with them, are lawful in your country. The Services are not an offer or solicitation to anyone in any jurisdiction where that would be unlawful, and access may be restricted in some places.

You must not, and must not help anyone else to:

• use, copy, modify, distribute, sell, rent, license, publish, publicly display, frame, mirror or create derivative works from the Services or any Content, or resell or give others access to the Services, without our prior written consent;
• decompile, disassemble or reverse engineer any part of the Services;
• access the Services to build a similar or competing product or service, or copy the design, layout or look and feel of the Website or App;
• use ad blockers, ad-filtering software, browser extensions or any other tool or method designed to block, filter, hide or get around advertising shown in the Services;
• use any robot, spider, scraper, crawler or other automated means to systematically copy, collect, store or monitor Market Information or other Content from the Services, including to build, supplement or feed a database, product or service, or one that competes with the Services, without our express written consent. This does not restrict search engines indexing the Services, or artificial intelligence services retrieving or learning from publicly available pages, at a reasonable request rate and in line with our robots.txt and any content-use signals we publish. Content used in this way must be attributed to “Investify (investify.pk)” where it is shown to people, and may not be used to get around any access control, rate limit or other technical measure;
• collect, harvest or mine information about other users or third parties without their consent, or violate anyone’s privacy, publicity or other rights;
• remove, get around, disable or interfere with any security or other feature of the Services, try to gain unauthorised access to any part of them, probe, scan or test them without our written consent, or disrupt or degrade the Services or anyone else’s use of them;
• introduce any virus or other harmful or malicious code;
• impersonate any person or organisation, misrepresent your connection with anyone, or use false or misleading contact details;
• use the Services in connection with anything that is unlawful, infringes anyone’s rights, or is abusive, harassing, defamatory, obscene, hateful, fraudulent, deceptive or otherwise objectionable; or
• use the Services in breach of any law or regulation.

If you break these rules we may restrict, suspend or end your access to the Services, and take any other action we consider appropriate.

User Content

“User Content” means any information and content that you submit to, or use with, the Services, such as comments. You are solely responsible for your User Content and for the consequences of submitting it, including anyone’s reliance on it and any disclosure that makes you or another person identifiable.

You confirm that you own your User Content or have the rights needed to submit it, that it does not break these Terms and Conditions or any law, and that it contains no virus or other harmful code.

By submitting User Content you grant Recube Technologies an irrevocable, non-exclusive, royalty-free, fully paid, worldwide licence to reproduce, distribute, publicly display and perform, prepare derivative works of, incorporate into other works and otherwise use your User Content, and to grant sublicences of those rights. You waive any moral rights and rights of attribution in your User Content to the extent the law allows.

We have no obligation to store or back up User Content, and it may be deleted at any time. We may, but do not have to, review User Content, and we may remove or change it, restrict or end your Account, and report matters to the authorities, at our discretion.

We do not control and are not responsible for User Content submitted by users, and we make no promise about its accuracy, quality or suitability. Your dealings with other users are between you and them. We are not responsible for any loss arising from them and we do not have to become involved in any dispute between users.

Feedback. If you send us feedback or suggestions about the Services, you assign all rights in that feedback to us and we may use it in any way, without any obligation to you. Feedback is not confidential, so do not send us anything you consider confidential or proprietary.

Community features and user content

This section applies when you use the stock discussions and other community features of the Services (the “Community”). It is part of these Terms and Conditions and is in addition to the “User Content” section above. If this section conflicts with another part of these Terms and Conditions on a Community matter, this section applies. Recube Technologies LLP (“Recube Technologies”, the “LLP” or “we”) operates the Community under the Investify name. Our Community Guidelines form part of these Terms and Conditions.

1. Who can post

Reading the Community does not require an Account. To post or reply you need an Account and a community profile. To like or report you need an Account. We may require that your Account has existed for a minimum period, or that you have verified an email address or a Pakistani mobile number, before you can post. We may change these requirements, and may refuse or withdraw posting access at our discretion. You may keep only one Account and one community profile. To create a community profile you must accept these Terms and Conditions and the Community Guidelines. If we change them, we may ask you to accept the new version before you can post, reply or edit a comment again. Reading, liking, reporting and blocking do not need that.

2. Your community profile is public

Your community handle, display name, avatar, any badge shown beside your name, the date you joined, your approved comments and related counts (such as likes received) are public. They can be seen by anyone, including people without an Account, and may be indexed by search engines. Choose them accordingly. Do not use a handle or display name that is misleading, offensive, infringes anyone’s rights or imitates another person or organisation. We may refuse, change or remove a handle or display name. A handle you have used may stay reserved to you and cannot be claimed by others.

3. You are responsible for what you post

Comments, replies, handles, names, notes in reports and anything else you submit to the Community are “User Content”. You are solely responsible for your User Content and for any consequences of posting it, including any claim by a third party or action by an authority. You confirm that your User Content is your own opinion or that you have the right to post it, that it is lawful, that it is not false or misleading to your knowledge, and that it does not infringe the rights of anyone or contain private information about others. You remain the owner of your User Content.

4. Licence to Investify

In addition to the licence granted in the “User Content” section above, you grant Recube Technologies a non-exclusive, worldwide, royalty-free licence to host, store, copy, reproduce, display, distribute, format, translate, index, moderate and make available your User Content in the Services, in our apps and websites, and to search engines and other services that display our pages, and afterwards in the records we keep as described in our Privacy Policy. This licence does not limit the licence granted in the “User Content” section above, which continues to apply, and it continues for records we are required or permitted to keep.

5. No investment advice and no reliance

Content posted by members is the personal opinion of the member. It is not investment, financial, legal or tax advice, a recommendation, or an offer or solicitation to buy or sell any security. Investify is not a brokerage and does not give investment advice, and we do not verify the accuracy of member content. You must not rely on any member content when making an investment decision. Investing involves risk and you may lose money. You agree not to present your User Content as professional advice or as the view of Investify.

6. Prohibited content and conduct

There is no tolerance for objectionable content or abusive users in the Community. You must follow the Community Guidelines. In particular you must not post content that is unlawful, abusive, hateful, threatening or harassing; that is false, defamatory or misleading; that discloses private information about others; that offers or sells tips, signals or advisory services or promises returns; that manipulates or attempts to manipulate the market or uses or shares inside information; that contains personal contact details, links or invitations to move to other platforms; that impersonates any person or organisation; or that breaks the laws of Pakistan, including the Prevention of Electronic Crimes Act, 2016 and rules and directions made under it. You must not evade a restriction or ban, including by opening another Account or using another person’s Account.

7. Our right to review, remove and restrict

We may, at our sole discretion and without prior notice, review, refuse, reject (including rejecting an edit), hide, remove or restrict the visibility of any User Content, and may restrict, suspend or permanently ban any Account, community profile, handle or phone number, and may restrict a network address for a period, whether or not the content breaks the Community Guidelines, including where we think it is necessary to protect users, the Services or Recube Technologies, or to comply with law. We may do so on the basis of reports, automated checks, review by our staff, a complaint, or a direction or order of a court, the Pakistan Telecommunication Authority (PTA), the National Cyber Crime Investigation Agency or any other competent authority. We are not required to give reasons, although we try to explain decisions where we can. We are not liable to you for any such action.

8. Checking before publication, and no duty to monitor

Comments and edits are checked by automated rules and an artificial intelligence service before they appear, and some are reviewed by our staff. These checks are an operational safeguard. They do not mean that we have reviewed, verified, approved or endorsed any content, that content is accurate or lawful, or that we have taken on responsibility for it. Automated checks may make mistakes. We have no obligation to monitor the Community or to remove content, and we do not undertake to detect all content that breaks these Terms and Conditions.

9. Reporting, blocking, notices and appeals

You can report any comment using the report option in its menu, and you can report a member from their profile page or from the menu of one of their comments. Our team reviews reports within 24 hours. You can also block a member. A block hides that member’s comments and replies from you. Neither of you can then reply to the other’s comments, like them or mention each other, and the member is not told that you blocked them. A block does not remove their comments for other readers, and official Investify accounts cannot be blocked. You can undo a block in Settings, and you can choose to block a member when you report them. We record who blocked whom, and may use the number of members who block a profile as one of the signals for reviewing it. If you believe content is unlawful, defamatory or infringes your rights, you may also write to support@investify.pk with the link to the content, a description of the problem and why you consider it unlawful, and your contact details. We will consider notices and may hide or remove content while we do so. If one of your comments is rejected by an automated check you may be able to appeal once, within the appeal period, currently 7 days from the rejection. Appeals are decided by a person. A decision made by our staff is final. Submitting a report, notice or appeal does not oblige us to take any particular action.

10. Indemnity

You agree to indemnify and hold harmless Recube Technologies, its partners, officers, employees, agents and licensors from and against any claims, demands, losses, liabilities, damages, penalties, costs and expenses (including reasonable legal fees) arising out of or relating to your User Content, your use of the Community, or your breach of these Terms and Conditions or of any law.

11. Preservation and disclosure

We may preserve User Content and related records, and disclose them together with information about you (including your Account, profile, network address records and verification details) to courts, law enforcement agencies, regulators and other authorities where we are required by law, order or lawful request to do so, or where we believe in good faith that this is necessary to protect rights, safety or property, or to establish, exercise or defend legal claims. What we collect and keep is described in our Privacy Policy.

12. Liability for member content

To the fullest extent permitted by law, Recube Technologies is not responsible or liable for User Content posted by members, for opinions expressed in the Community, or for any loss that results from relying on them. The limitations in the “Disclaimer of Warranties and Limitation of Liability” section above apply to the Community.

13. Changes

We may change this section and the Community Guidelines from time to time. The date shown at the top of this page is the date of the latest change. If you keep using the Community after a change, you accept it, and we may ask you to accept the new version before you can post, reply or edit a comment.

Intellectual Property

All rights, title and interest in the Services and the Content, including the “Investify” and “Recube Technologies” names, trademarks, service marks and logos, belong to Recube Technologies or its affiliates, partners or licensors, and are protected by copyright, trademark and other laws. Except for the limited licence above, you get no right or licence in them, and you may not use any trademark shown in the Services without the written permission of its owner. Do not remove any copyright or other proprietary notice from material you obtain from the Services.

Copyright complaints. If you believe that material on the Services infringes your copyright and you want it removed, send a written notice to support@investify.pk that includes:

• your physical or electronic signature;
• the copyrighted work you say has been infringed;
• the material you want removed, with enough detail for us to find it;
• your address, telephone number and email address;
• a statement that you believe in good faith that the use is not authorised by the copyright owner, its agent or the law; and
• a statement that the information in your notice is accurate and that you are the copyright owner or are authorised to act for the owner.

Anyone who makes a false statement in a notice may be liable for the damages, costs and legal fees that result.

Third-Party Services and Links

The Services contain links to, and work with, websites, software and services that are run by others, such as news publishers, sign-in providers, app stores, payment providers, brokers and advertisers. They are provided for your convenience. A link is not an endorsement. Your use of anything provided by a third party is governed by that third party’s terms and privacy policy, and we are not responsible for its content or operation, or for any loss that results from using it.

Parts of the Services include third-party software, including open source software, which may be covered by separate notices and licence terms. You must comply with those terms where they apply to you.

Availability and Changes to the Services

We may change, suspend or stop the Services, or any part of them, at any time, with or without notice, and we are not liable to you or anyone else if we do.

We do not promise that the Services will be available at any particular time or place, that they will be uninterrupted or error free, or that we will have enough capacity for them. Technical problems, system and communication failures, maintenance, high traffic, security incidents and similar issues may delay or prevent access, and we are not liable for them.

We are also not liable for any failure or delay caused by events beyond our reasonable control, including the acts of any government or authority, or the failure of any telecommunications, computer or other equipment, software or service, including your own.

Indemnity

You agree to indemnify, defend and hold harmless Recube Technologies and its affiliates, and their respective partners, officers and employees, on demand, from and against all claims, demands, liabilities, damages, losses, costs and expenses, including legal fees, arising from your breach of these Terms and Conditions, or from your violation of any law or of the rights of any third party.

Suspension and Termination

We may restrict, suspend or end your access to the Services or your Account, and remove any information or content in it, at any time, with or without notice, at our discretion, including where we believe that information you gave us is not accurate or that you have not complied with these Terms and Conditions. If we do, your licence to use the Services ends and you must stop using them. This does not limit any other right or remedy we have, including taking legal action. The parts of these Terms and Conditions that by their nature should continue after termination will continue to apply.

Notice to Apple App Users

If you use the App on an Apple device, you acknowledge that these Terms and Conditions are an agreement between you and the LLP, not with Apple Inc. (“Apple”), and that Apple is not responsible for the Services or their content. Apple has no obligation to provide any maintenance or support for the Services. If the Services fail to conform to any applicable warranty, you may notify Apple and Apple will refund any purchase price you paid for the App. To the maximum extent permitted by law, Apple has no other warranty obligation in respect of the Services.

Apple is not responsible for addressing any claim by you or any third party relating to the Services or your possession or use of them, including product liability claims, claims that the Services fail to conform to any legal or regulatory requirement, and claims under consumer protection or similar legislation. Apple is not responsible for the investigation, defence, settlement or discharge of any third-party claim that the Services, or your possession and use of them, infringe a third party’s intellectual property rights.

You agree to comply with any applicable third-party terms when using the Services. Apple and its subsidiaries are third-party beneficiaries of these Terms and Conditions and, once you accept them, Apple has the right to enforce them against you as a third-party beneficiary. You confirm that you are not located in a country that is subject to a United States Government embargo, or that the United States Government has designated as a “terrorist supporting” country, and that you are not on any United States Government list of prohibited or restricted parties.

In-App Purchases. Payment for an In-App Purchase is charged to your Apple account when you confirm the purchase. An In-App Purchase may be an auto-renewable subscription, which renews automatically unless auto-renew is turned off at least 24 hours before the end of the current period. Your Apple account is charged for renewal within 24 hours before the end of the current period. You can manage subscriptions and turn off auto-renewal in your Apple account settings after purchase. Any unused part of a free trial, if one is offered, is forfeited when you buy a subscription, where applicable.

Governing Law

These Terms and Conditions are governed by the laws of Pakistan, without regard to its conflict of law rules, wherever in the world you live or use the Services.

General

These Terms and Conditions, together with our Privacy Policy, our Refund Policy and any additional terms shown to you for a particular feature, are the whole agreement between you and us about the Services.

If any part of these Terms and Conditions is found to be unlawful, void or unenforceable, that part is treated as removed and the rest continues to apply. If we do not enforce a right or require you to perform an obligation at any time, that is not a waiver of it, and we may still do so later.

We may assign or transfer our rights and obligations under these Terms and Conditions to anyone. You may not assign or transfer yours without our prior written consent.

Contact Us

The Services are offered by Recube Technologies LLP. If you have a question about these Terms and Conditions, email support@investify.pk or write to us at:

Recube Technologies LLP
Garden East, Karachi
Pakistan