Terms of Use

Effective date: 08/07/2026
Last updated: 17/10/2026

These Terms of Use ("Terms") govern your access to and use of the Fructa mobile application ("Fructa", the "app"), provided by George Karani, trading as Fructa ("we", "us", or "our"). Please read them carefully.

By downloading, accessing, or using Fructa, you agree to be bound by these Terms. If you do not agree, do not use the app.

1. Who may use Fructa

You must be at least 18 years old and able to form a binding contract to use Fructa. By using the app, you confirm that you meet these requirements. Fructa is intended for use in Kenya and reflects the Kenyan investment market. It may not be appropriate for use elsewhere.

2. What Fructa is, and what it is not

Fructa is an information and comparison tool. It collects publicly available rate and price data for money market funds, Treasury bills, bonds, fixed income funds, SACCOs, Nairobi Securities Exchange stocks, and insurance products, and lets you track holdings you manage elsewhere.

Fructa does not:

• hold, receive, transfer, or manage your money;
• open accounts, buy, sell, or place any investment or transaction on your behalf;
• act as a bank, fund manager, broker, dealer, custodian, or intermediary; or
• form part of, or represent, any provider whose rates it displays.

Any investment, purchase, or account you decide to open happens directly between you and the relevant provider, outside of Fructa, and is governed by that provider's own terms.

3. Not financial advice

The content in Fructa, including rates, comparisons, charts, rankings, projections, reports, stories, statement checks, and any signals or commentary, is provided for general information only. It is not financial, investment, tax, legal, or other professional advice, and it is not a recommendation, offer, or solicitation to buy, sell, or hold any product.

Projections and calculations are illustrative estimates based on the inputs and assumptions used at the time. They are not guarantees of future returns. Rates change, and past performance does not indicate future results.

You are solely responsible for your own decisions. Before acting on anything you see in Fructa, you should confirm the figures with the relevant provider and consider seeking advice from a licensed financial advisor.

4. Accuracy of information

We draw rate and market data from public sources, including the Central Bank of Kenya, the Capital Markets Authority, and fund managers. We take reasonable care to keep this data accurate and up to date, but we do not warrant that it is accurate, complete, current, or free from error. Data may be delayed, and the same figure may be reported differently by different sources.

Statement checks compare figures read from a statement you provide against published rates. Statements differ in layout between providers, and a check may misread or miss a figure. Always confirm any difference directly with your provider.

To the extent permitted by law, we are not liable for any loss arising from reliance on information shown in the app.

5. Your data

The holdings you add to the app are stored on your own device. If you choose to connect Google Drive, the app saves a backup to your own Google Drive account, which is governed by Google's terms. You are responsible for the accuracy of what you enter and for keeping your device and accounts secure. If you uninstall the app, clear its data, or lose your device without a backup, that information may be permanently lost.

Statements and other content you provide remain yours. You allow us to process that content only as needed to provide the feature you are using.

How we handle information is described in our Privacy Policy at https://fructa.africa/privacy.

6. Notifications

Notifications are optional. If you enable them, you agree to receive market, report, and product alerts through the app. You can turn them off at any time in the app's settings or your device settings.

7. Acceptable use

You agree not to:

• use the app for any unlawful purpose or in breach of these Terms;
• copy, scrape, harvest, or extract data or content from the app for redistribution or any commercial purpose without our written permission;
• reverse engineer, decompile, or attempt to derive the source code of the app, except to the extent this restriction is prohibited by law;
• interfere with, disrupt, or attempt to gain unauthorised access to the app or its systems; or
• use the app to develop or train a competing product or service.

8. Intellectual property

The app, its design, its content, and the Fructa name and logo are owned by us or our licensors and are protected by intellectual property laws. Rate figures sourced from third parties remain the property of their respective owners.

Subject to these Terms, we grant you a limited, personal, non-exclusive, non-transferable, revocable licence to use the app on devices you own or control, for your own personal, non-commercial purposes. All rights not expressly granted are reserved.

9. Third-party providers and links

The app names, displays data about, or links to third parties, including fund managers and other providers. We do not control and are not responsible for their products, services, content, or terms. Any dealing between you and a third party is solely between you and that party.

10. Availability and changes to the app

We may add, change, suspend, or remove features, or the app as a whole, at any time and without notice. We do not guarantee that the app will always be available, uninterrupted, or error free.

11. Fructa Pro subscriptions

Fructa is free to use. Fructa Pro is an optional auto-renewable subscription that adds premium features within the app. It is offered as a monthly subscription (Fructa Pro Monthly) and an annual subscription (Fructa Pro Annual).

Payment. Payment is charged to your Apple Account or Google Play account at confirmation of purchase. Prices are shown in the app before you buy and may vary by country or region.

Automatic renewal. Your subscription renews automatically at the end of each period, for the same duration and at the then-current price, unless you cancel it at least 24 hours before the end of the current period. Your account is charged for renewal within 24 hours before the end of the current period.

Free trials and offers. If a free trial or introductory offer is available, its length and terms are shown before you subscribe. Any unused portion of a free trial ends when you purchase a subscription.

Managing and cancelling. You can manage or cancel your subscription at any time in your Apple Account settings (on iPhone, Settings, then your name, then Subscriptions) or in the Google Play Store (Payments and subscriptions). Deleting the app does not cancel your subscription. When you cancel, you keep access to Fructa Pro until the end of the period you have already paid for, and no further charges are made.

Refunds. Purchases are processed by Apple or Google, and refund requests are handled by them under their own policies. We cannot issue refunds for purchases made through the App Store or Google Play.

Price changes. If we change the price of a subscription, you will be notified in advance, as required by Apple or Google, and you can cancel before the new price applies.

Restoring purchases. If you reinstall the app or use a new device signed in to the same Apple or Google account, you can restore an active subscription from within the app.

Changes to features. We may add, change, or remove features included in Fructa Pro. If we remove features that materially reduce the value of your subscription, we will tell you in the app.

12. Disclaimer of warranties

To the fullest extent permitted by law, the app and all content are provided "as is" and "as available", without warranties of any kind, whether express or implied, including implied warranties of merchantability, fitness for a particular purpose, accuracy, and non-infringement. We do not warrant that the app will meet your requirements or that it will be secure, uninterrupted, or error free.

13. Limitation of liability

To the fullest extent permitted by law, we will not be liable for any indirect, incidental, special, consequential, or punitive damages, or for any loss of profits, investment losses, savings, data, or goodwill, arising out of or relating to your use of, or inability to use, the app, even if we have been advised of the possibility of such loss.

To the fullest extent permitted by law, our total liability arising out of or relating to the app or these Terms will not exceed the greater of the amount you paid for Fructa Pro in the twelve months before the claim, or one thousand Kenyan shillings (KES 1,000).

Nothing in these Terms excludes or limits any liability that cannot lawfully be excluded or limited.

14. Indemnity

You agree to indemnify and hold us harmless from any claims, losses, liabilities, and expenses (including reasonable legal fees) arising out of your misuse of the app or your breach of these Terms or of any applicable law.

15. Termination

You may stop using the app at any time by uninstalling it. Uninstalling does not cancel an active subscription; see section 11. We may suspend or terminate your access to the app if you breach these Terms or if we discontinue the app. The sections that by their nature should survive termination, including sections 3, 4, 8, 12, 13, 14, and 17, will continue to apply.

16. Governing law and disputes

These Terms are governed by the laws of Kenya. You agree that the courts of Kenya will have jurisdiction over any dispute arising out of or relating to these Terms or the app, subject to any mandatory rights you have under applicable law.

17. Apple App Store terms

If you downloaded Fructa from the Apple App Store, the following also applies:

• These Terms are between you and us only, not with Apple Inc. ("Apple"). We, not Apple, are solely responsible for the app and its content.
• Your licence to use the app is limited to use on Apple-branded devices you own or control, as permitted by the Usage Rules in the Apple Media Services Terms and Conditions.
• Apple has no obligation to provide any maintenance or support services for the app.
• If the app fails to conform to any applicable warranty, you may notify Apple, and Apple will refund the purchase price, if any, of the app. To the maximum extent permitted by law, Apple has no other warranty obligation with respect to the app.
• We, not Apple, are responsible for addressing any claims by you or any third party relating to the app or your possession or use of it, including product liability claims, claims that the app fails to meet any legal or regulatory requirement, and claims under consumer protection, privacy, or similar laws.
• If any third party claims that the app or your possession and use of it infringes that third party's intellectual property rights, we, not Apple, are responsible for the investigation, defence, settlement, and discharge of that claim.
• You confirm that you are not located in a country subject to a United States Government embargo or designated as a "terrorist supporting" country, and that you are not listed on any United States Government list of prohibited or restricted parties.
• Apple and its subsidiaries are third-party beneficiaries of these Terms, and once you accept these Terms, Apple will have the right to enforce them against you as a third-party beneficiary.

18. Changes to these Terms

We may update these Terms from time to time. When we do, we will revise the "Last updated" date above and, where appropriate, provide notice within the app. Your continued use of the app after an update means you accept the revised Terms.

19. Contact

If you have questions about these Terms, contact us at:

Fructa
legal@fructa.africa
Nairobi, Kenya