Terms of Use

These Terms of Use (“Terms”) govern access to and use of the public website at korastratum.com (the “Site”) and the Korastratum business-to-business financial infrastructure platform (the “Platform” and, together with the Site, the “Service”). The Service is provided by Korastratum (“Korastratum,” “we,” “us,” or “our”) to business customers and the individuals those customers authorise to use the Service on their behalf (“Authorised Users”).

By accessing the Site or by using the Platform under credentials issued by Korastratum or by a Korastratum customer, you agree to these Terms. If you do not agree to these Terms, do not access the Site and do not use the Platform.

Korastratum provides a business-to-business financial infrastructure platform that supplies application programming interfaces, software development kits, web administration consoles, and supporting services to banks, fintechs, and other financial institutions. Korastratum's products include — without limitation — Kora IDV (identity verification), Kora Compliance (anti-money-laundering and sanctions screening), Kora CBA (core banking), Kora Digital Banking (white-label digital banking), and related modules.

Korastratum is not a bank, money transmitter, money services business, payment institution, electronic money institution, broker-dealer, investment adviser, or other regulated financial institution. Korastratum does not hold customer funds, does not initiate payments on its own account, and does not provide consumer remittance or stored-value services. Where Korastratum customers use the Platform to operate regulated activities, the customer remains solely responsible for obtaining and maintaining any required licences, registrations, and regulatory approvals.

Access to the Platform requires an account provisioned by Korastratum or by a Korastratum customer. Authorised Users are responsible for safeguarding their credentials, including any multi-factor authentication factors, and for all activity conducted under those credentials. Korastratum may suspend access in response to suspected unauthorised use, policy violation, or risk to the Platform or other users.

You agree not to, and not to permit any third party to, use the Service to:

• Violate any applicable law, regulation, sanctions regime, or contractual obligation.
• Reverse-engineer, decompile, disassemble, or otherwise attempt to derive the source code of any Korastratum software, except to the extent expressly permitted by law.
• Interfere with the integrity, performance, or availability of the Service or the data it processes, including by probing, scanning, or testing for vulnerabilities except as expressly authorised in writing by Korastratum.
• Use the Service to process data of a type, sensitivity, or volume not contemplated by the executed Master Services Agreement, or in any manner that exceeds the access scopes assigned to you.
• Misrepresent your identity, your affiliation, or your authority to act on behalf of any party.

As between Korastratum and a customer, the customer retains all rights in and to the data the customer (or its end customers) submits to the Platform (“Customer Data”). Korastratum processes Customer Data solely to provide the Service, in accordance with the executed Master Services Agreement, the applicable Data Processing Addendum, and applicable law. Each party will protect the other's confidential information with at least the same degree of care it uses to protect its own confidential information of a similar nature and in no event less than a reasonable degree of care.

The Service, including all underlying software, content, designs, trademarks, and documentation, is owned by Korastratum and its licensors and is protected by applicable intellectual property laws. Subject to compliance with these Terms and any applicable Master Services Agreement, Korastratum grants you a limited, non-exclusive, non-transferable, non-sublicensable, revocable right to access and use the Service for its intended business purposes. All other rights are reserved.

Where the Service is provided under a commercial agreement, fees, billing terms, and payment obligations are set out in the executed Master Services Agreement and any related Order Forms. Information published on the Site about pricing is provided for general information only and does not, by itself, create a binding offer.

Korastratum will provide the Service with reasonable care and skill and substantially in accordance with the executed Master Services Agreement. EXCEPT AS EXPRESSLY STATED IN THE MASTER SERVICES AGREEMENT, THE SERVICE IS PROVIDED “AS IS” AND “AS AVAILABLE” WITHOUT WARRANTY OF ANY KIND, AND KORASTRATUM DISCLAIMS ALL IMPLIED WARRANTIES INCLUDING MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT.

TO THE MAXIMUM EXTENT PERMITTED BY LAW, NEITHER PARTY WILL BE LIABLE FOR LOST PROFITS, LOST REVENUES, LOSS OF DATA, OR ANY INDIRECT, CONSEQUENTIAL, INCIDENTAL, SPECIAL, OR EXEMPLARY DAMAGES ARISING OUT OF OR RELATING TO THE SERVICE, REGARDLESS OF THE THEORY OF LIABILITY AND EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. KORASTRATUM'S AGGREGATE LIABILITY ARISING OUT OF OR RELATING TO THESE TERMS WILL BE LIMITED AS SET OUT IN THE EXECUTED MASTER SERVICES AGREEMENT.

Each party's indemnification obligations, if any, are set out in the executed Master Services Agreement. Nothing in these Terms creates an indemnification obligation in respect of a visitor to the Site who has not executed a commercial agreement with Korastratum.

These Terms remain in effect for so long as you access the Site or use the Platform. Korastratum may suspend or terminate access where required by law, in response to a material breach of these Terms, or where Korastratum reasonably believes continued access poses risk to the Platform or to other users. Termination under a Master Services Agreement is governed by that agreement.

These Terms are governed by the laws of the State of Delaware, United States, without regard to its conflicts of law principles. Any dispute arising out of or relating to these Terms or the Site will be resolved exclusively in the state or federal courts located in Delaware, and each party consents to the personal jurisdiction and venue of those courts. Disputes arising out of the Platform are governed by the dispute-resolution provisions of the executed Master Services Agreement.

These Terms, together with any executed Master Services Agreement and any related Order Forms, constitute the entire agreement between the parties with respect to the Service and supersede all prior or contemporaneous understandings on that subject. If any provision is held to be unenforceable, the remaining provisions remain in full force and effect. A failure to enforce any provision is not a waiver of that provision. Neither party may assign these Terms without the prior written consent of the other, except in connection with a merger, acquisition, or sale of substantially all of its assets.

Korastratum may update these Terms from time to time. When we do, we will revise the “Last Updated” date at the top and, where required, provide additional notice. Continued use of the Site or the Platform after an update takes effect constitutes acceptance of the revised Terms.

For questions about these Terms, please contact:

Korastratum
Attn: Legal
Email: legal@korastratum.com