Terms of Service
These terms govern your use of Alder — the app and the pages at alderfinance.app. By creating an account or using the service, you agree to them.
What Alder is
Alder lets you scan a receipt, split a bill with the people who shared it, request their shares by text message, and — optionally — connect a bank account to see a picture of your financial health. Alder organizes who owes what; the money itself moves outside Alder, through whatever you and your friends already use.
What Alder is not
- Not a payment service. Alder never holds, receives, or transmits funds and is not a bank or a money transmitter. Payment links and buttons hand you off to services like Venmo, or you settle up however you like. Those services have their own terms.
- Not financial advice. The financial health score and related insights are informational, computed from your linked-account data by disclosed rules. They are not financial, investment, tax, or credit advice, are not a credit score, and are shared with no one.
- Not a system of record. Splits reflect what you and your friends enter. Alder doesn't verify debts, adjudicate disputes, or guarantee that anyone pays you back.
Your account
You need a verified mobile number to use Alder. Keep your number current: it is how your account is secured. You are responsible for activity under your account. You must be at least 18, or the age of majority where you live, to link a bank account.
Texting people you tag
When you add someone to a split, Alder sends them your request by SMS on your behalf. Only tag people who shared the bill and who you reasonably believe are willing to receive it — the same way you'd text them yourself. Recipients can opt out of all Alder messages at any time by replying STOP, and Alder enforces strict frequency caps and a hard end to reminders for every bill. Don't use Alder to harass, spam, or contact strangers; we may suspend accounts that do.
Bank linking
Bank connections are provided by Plaid and are always optional — no feature of bill splitting requires one. By linking an account you authorize Alder to receive its balances and transactions from Plaid as described in our Privacy Policy and you agree to Plaid's End User Services Agreement. You can disconnect a bank in the app at any time, which deletes its data from our systems.
Acceptable use
Don't break the law with Alder, don't attempt to access other users' data, don't probe or disrupt the service, and don't misrepresent bills or amounts to extract money from people. We may suspend or terminate accounts that violate these terms.
Your content
You own what you put into Alder. You grant us the license needed to operate the service — to store your splits, show rosters to the people in them, extract items from receipts you scan, and deliver your requests.
Disclaimers and limitation of liability
Alder is provided "as is" and "as available," without warranties of any kind, express or implied. Receipt extraction and financial insights can contain errors; you are responsible for reviewing amounts before sending a request and before paying one. To the maximum extent permitted by law, Alder and its operator are not liable for indirect, incidental, special, consequential, or punitive damages, or for disputes between you and the people you split bills with, and our total liability for any claim is limited to the greater of $100 or the amount you paid us in the twelve months before the claim.
Termination
You can stop using Alder and delete your account at any time in the app, which deletes your data as described in the Privacy Policy. We may suspend or terminate accounts that violate these terms, with notice where practicable.
Changes
If we change these terms, we'll change this page and its effective date, and announce material changes in the app. Continuing to use Alder after a change means you accept it.