Kubio Terms of Use

Version Number: 1

Version Date: 6 December, 2021

1. About the Platform

1.1. Welcome to Kubio (the ‘Platform’). The Platform allows you to access and use the Kubio (the ‘Services’).

1.2. The Platform is operated by Kubio Group Pty Ltd, ACN/ABN 603 561 360 . Access to and use of the Platform, or any of its associated Products or Services, is provided by Kubio Group Pty Ltd. Please read these terms and conditions (the ‘Terms’) carefully. By using, browsing and/or reading the Platform, this signifies that you have read, understood and agree to be bound by the Terms. If you do not agree with the Terms, you must cease usage of the Platform, or any of Services, immediately.

1.3. Kubio Group Pty Ltd reserves the right to review and change any of the Terms by updating this page at its sole discretion. When Kubio Group Pty Ltd updates the Terms, it will use reasonable endeavours to provide you with notice of updates to the Terms. Any changes to the Terms take immediate effect from the date of their publication. Before you continue, we recommend you keep a copy of the Terms for your records.

2. Acceptance of the Terms

You accept the Terms by remaining on the Platform. You may also accept the Terms by clicking to accept or agree to the Terms where this option is made available to you in the user interface.

3. About the Service

3.1. Kubio is a loan management platform built for brokers, lenders and aggregators.

3.2. Kubio Member accounts are currently offered. You acknowledge and agree that the accounts offered, as well as the account features may change from time to time, and may be governed by separate terms which apply specific to the account. Where special account-specific terms apply, you will be informed, and must accept those terms before you are given such an account. For the avoidance of doubt these Terms apply unless otherwise agreed or amended by account-specific terms.

3.3. Some accounts may be governed by a separate Software Licensing Agreement with Kubio Group Pty Ltd, which may amend the terms of use. For the avoidance of doubt these Terms apply unless otherwise agreed or amended by the terms of an applicable Software Licensing Agreement.

4. Acceptable use of the Service

Kubio, its related features, and Platform must only be used lawfully. Kubio Group Pty Ltd reserves the right to suspend, cancel, or otherwise deny access to users and accounts who use the service:

  1. To engage in any act that would disrupt the access, availability, and security of Kubio and any other Service owned by Kubio Group Pty Ltd, including but not limited to:
    1. Tampering with, reverse-engineering, or hacking our servers;
    2. Modifying, disabling, or compromising the performance of Kubio or other Kubio Group Pty Ltd services;
    3. Overwhelming, or attempting to overwhelm our infrastructure by imposing an unreasonably large load on our systems that consume extraordinary resources;
    4. Compromising the integrity of our system, including probing, scanning and testing the vulnerability of our system unless expressly permitted by Kubio Group Pty Ltd;
  2. For any illegal purpose, or to violate any laws, including and without limitation to data, privacy, and export control laws;
  3. To stalk, harass or threaten users and any member of the public;
  4. To misrepresent or defraud any user or member of the public through phishing, spoofing, manipulating headers or other identifiers, impersonating anyone else, or falsely implying any sponsorship or association with Kubio Group Pty Ltd or any third party;
  5. To access or search any part of the Service, or any other Service owned by Kubio Group Pty Ltd other than our publicly supported interface, or otherwise allowed for in an applicable Software Licensing Agreement; and
  6. To post, upload, share, or otherwise circulate content in violation of Kubio’s content policy.

5. Security and Data Privacy

Kubio Group Pty Ltd takes your privacy seriously and information provided through your use of the Platform and/or Services are subject to Kubio Group Pty Ltd’s Privacy Policy, which is available on the Platform. The Privacy Policy also addresses Kubio Group Pty Ltd’s processes, policies, and obligations in respect of Kubio security breaches.

6. Data Use

Kubio Group Pty Ltd collects, stores, and processes your data on Kubio. The data is used to provide Services to you, as well as to facilitate Kubio Group Pty Ltd’s business operations. The Privacy Policy outlined how your data is collected, stored, and processed by Kubio Group Pty Ltd. The Privacy Policy also addresses Kubio Group Pty Ltd’s processes, policies, and obligations in respect of data encryption and removal requests.

7. Subscription to use the Service

7.1. In order to access the Services, you must either be provided access to the platform by a Lender or Aggregator customer of Kubio (an ‘ Account’) or purchase a subscription through the Platform (the ‘Subscription’) and pay the applicable fee for the selected Subscription (the ‘Subscription Fee’). After purchasing a Subscription or being provided an account, you will be considered a member (‘Member’).

7.2. In purchasing the Subscription, you acknowledge and agree that it is your responsibility to ensure that the Subscription you elect to purchase is suitable for your use.

7.3. Before, during or after you have purchased the Subscription or been provided an account, you will then be required to register through the Platform before you can access the Services.

7.4. As part of the registration process, or as part of your continued use of the Services, you may be required to provide personal information about yourself (such as identification or contact details), including but not limited to your names, company name and contact details, your email addresses and payment methods for billing purposes and the details you supply through the use of the Kubio products, such as the details of your clients, such as their name, company information and financial information necessary for the completion of a loan application.

7.5. You warrant that any information you give to Kubio Group Pty Ltd in the course of completing the registration process will always be accurate, correct and up to date.

7.6. Once you have completed the registration process, you will be a registered user of the Platform and agree to be bound by the Terms (‘User’). As a Member you will be granted access to the Services from the time you have completed the registration process until the subscription period expires (the ‘Subscription Period’).

7.7. You may not use the Services and may not accept the Terms if:

  1. you are not of legal age to form a binding contract with Kubio Group Pty Ltd; or
  2. you are a person barred from receiving the Services under the laws of Australia or other countries including the country in which you are resident or from which you use the Services

8. Payments

8.1. Subject to the terms of any applicable Software License Agreement, the Subscription Fee may be paid by all payment methods available on the Platform, and may change from time to time.

8.2. Payments made in the course of your use of Kubio may be made using third-party applications and services not owned, operated, or otherwise controlled by Kubio Group Pty Ltd. You acknowledge and agree that Kubio Group Pty Ltd will not be liable for any losses or damage arising from the operations of third-party payment applications and services. You further acknowledge and warrant that you have read, understood and agree to be bound by the terms and conditions of the applicable third-party payment applications and services you choose to use as a payment method for Kubio services.

8.3. You acknowledge and agree that where a request for the payment of the Subscription Fee is returned or denied, for whatever reason, by your financial institution or is unpaid by you for any other reason, then you are liable for any costs, including banking fees and charges, associated with the Subscription Fee.

8.4. You agree and acknowledge that Kubio Group Pty Ltd can vary the Subscription Fee at any time and that the varied Subscription Fee will come into effect following the conclusion of the existing Subscription.

9. Refund Policy

Kubio Group Pty Ltd will only provide you with a refund of the Subscription Fee in the event they are unable to continue to provide the Services or if the manager of Kubio Group Pty Ltd makes a decision, at its absolute discretion, that it is reasonable to do so under the circumstances . Where this occurs, the refund will be in the proportional amount of the Subscription Fee that remains unused by the Member (the ‘Refund’).

10. Third Party Services

Kubio Group Pty Ltd provides access to third party services to conduct credit searches, company lookups, property searches and valuations and other related services. In using these services on the Kubio Platform, you agree to and acknowledge the terms of use of these services. The table below provides website links for each service provider:

Service Provider Website Link
Australian Business Register (ABR) https://www.abr.gov.au/ 
Australian Securities & Investments Commission (ASIC)  https://asic.gov.au/online-services/ 
Equifax https://www.equifax.com.au/ 
CoreLogic https://www.corelogic.com.au/ 

11. Copyright and Intellectual Property

11.1. The Platform, the Services and all of the related products of Kubio Group Pty Ltd are subject to copyright. The material on the Platform is protected by copyright under the laws of Australia and through international treaties. Unless otherwise indicated, all rights (including copyright) in the Services and compilation of the Platform (including but not limited to text, graphics, logos, button icons, video images, audio clips, Platform, code, scripts, design elements and interactive features) or the Services are owned or controlled for these purposes, and are reserved by Kubio Group Pty Ltd or its contributors.

11.2. All trademarks, service marks and trade names are owned, registered and/or licensed by Kubio Group Pty Ltd, who grants to you a worldwide, non-exclusive, royalty-free, revocable license whilst you are a User to:

  1. use the Platform pursuant to the Terms;
  2. copy and store the Platform and the material contained in the Platform in your device’s cache memory; and
  3. print pages from the Platform for your own personal and non-commercial use.

11.3. Kubio Group Pty Ltd does not grant you any other rights whatsoever in relation to the Platform or the Services. All other rights are expressly reserved by Kubio Group Pty Ltd.

11.4. Kubio Group Pty Ltd retains all rights, title and interest in and to the Platform and all related Services. Nothing you do on or in relation to the Platform will transfer any:

  1. business name, trading name, domain name, trade mark, industrial design, patent, registered design or copyright; or
  2. a right to use or exploit a business name, trading name, domain name, trade mark or industrial design; or
  3. a thing, system or process that is the subject of a patent, registered design or copyright (or an adaptation or modification of such a thing, system or process), to you.

11.5. You may not, without the prior written permission of Kubio Group Pty Ltd and the permission of any other relevant rights owners: broadcast, republish, upload to a third party, transmit, post, distribute, show or play in public, adapt or change in any way the Services or third party Services for any purpose, unless otherwise provided by these Terms. This prohibition does not extend to materials on the Platform, which are freely available for re-use or are in the public domain.

12. General Disclaimer

12.1. Nothing in the Terms limits or excludes any guarantees, warranties, representations or conditions implied or imposed by law, including the Australian Consumer Law (or any liability under them) which by law may not be limited or excluded.

12.2. Subject to this clause, and to the extent permitted by law:

  1. all terms, guarantees, warranties, representations or conditions which are not expressly stated in the Terms are excluded; and
  2. Kubio Group Pty Ltd will not be liable for any special, indirect or consequential loss or damage (unless such loss or damage is reasonably foreseeable resulting from our failure to meet an applicable Consumer Guarantee), loss of profit or opportunity, or damage to goodwill arising out of or in connection with the Services or these Terms (including as a result of not being able to use the Services or the late supply of the Services), whether at common law, under contract, tort (including negligence), in equity, pursuant to statute or otherwise.

12.3. Use of the Platform and the Services is at your own risk. Everything on the Platform and the Services is provided to you “as is” and “as available” without warranty or condition of any kind. None of the affiliates, directors, officers, employees, agents, contributors and licensors of Kubio Group Pty Ltd make any express or implied representation or warranty about the Services or any products or Services (including the products or Services of Kubio Group Pty Ltd) referred to on the Platform, includes (but is not restricted to) loss or damage you might suffer as a result of any of the following:

  1. failure of performance, error, omission, interruption, deletion, defect, failure to correct defects, delay in operation or transmission, computer virus or other harmful component, loss of data, communication line failure, unlawful third party conduct, or theft, destruction, alteration or unauthorised access to records;
  2. the accuracy, suitability or currency of any information on the Platform, the Services, or any of its Services related products (including third party material and advertisements on the Platform);
  3. costs incurred as a result of you using the Platform, the Services or any of the products of Kubio Group Pty Ltd; and
  4. the Services or operation in respect to links which are provided for your convenience.

13. Limitation of Liability

13.1. Kubio Group Pty Ltd’s total liability arising out of or in connection with the Services or these Terms, however arising, including under contract, tort (including negligence), in equity, under statute or otherwise, will not exceed the resupply of the Services to you.

13.2. You expressly understand and agree that Kubio Group Pty Ltd, its affiliates, employees, agents, contributors and licensors shall not be liable to you for any direct, indirect, incidental, special consequential or exemplary damages which may be incurred by you, however caused and under any theory of liability. This shall include, but is not limited to, any loss of profit (whether incurred directly or indirectly), any loss of goodwill or business reputation and any other intangible loss.

14. Termination of Contract

14.1. The Terms will continue to apply until terminated by either you or by Kubio Group Pty Ltd as set out below.

14.2. If you want to terminate the Terms, you may do so by:

  1. not renewing the Subscription prior to the end of the Subscription Period;
  2. providing Kubio Group Pty Ltd with 30 days’ notice of your intention to terminate; and
  3. closing your accounts for all of the services which you use, where Kubio Group Pty Ltd has made this option available to you.

14.3. Any notices pursuant to Clause 14.2 above should be sent, in writing, to Kubio Group Pty Ltd via the ‘Contact Us’ link on our homepage.

14.4. Kubio Group Pty Ltd may at any time, terminate the Terms with you if:

  1. you do not renew the Subscription at the end of the Subscription Period;
  2. you have breached any provision of the Terms or intend to breach any provision;
  3. Kubio Group Pty Ltd is required to do so by law;
  4. the provision of the Services to you by Kubio Group Pty Ltd is, in the opinion of Kubio Group Pty Ltd, no longer commercially viable.

14.5. Subject to local applicable laws, Kubio Group Pty Ltd reserves the right to discontinue or cancel your Subscription or Account at any time and may suspend or deny, in its sole discretion, your access to all or any portion of the Platform or the Services without notice if you breach any provision of the Terms or any applicable law or if your conduct impacts Kubio Group Pty Ltd’s name or reputation or violates the rights of those of another party.

15. Indemnity

You agree to indemnify Kubio Group Pty Ltd, its affiliates, employees, agents, contributors, third party content providers and licensors from and against:

  1. all actions, suits, claims, demands, liabilities, costs, expenses, loss and damage (including legal fees on a full indemnity basis) incurred, suffered or arising out of or in connection with Your Content;
  2. any direct or indirect consequences of you accessing, using or transacting on the Platform or attempts to do so; and/or
  3. any breach of the Terms.

16. Dispute Resolution

16.1. Compulsory:

If a dispute arises out of or relates to the Terms, either party may not commence any Tribunal or Court proceedings in relation to the dispute, unless the following clauses have been complied with (except where urgent interlocutory relief is sought).

16.2. Notice:

A party to the Terms claiming a dispute (‘Dispute’) has arisen under the Terms, must give written notice to the other party detailing the nature of the dispute, the desired outcome and the action required to settle the Dispute.

16.3. Resolution:

On receipt of that notice (‘Notice’) by that other party, the parties to the Terms (‘Parties’) must:

  1. Within 5 days of the Notice endeavour in good faith to resolve the Dispute expeditiously by negotiation or such other means upon which they may mutually agree;
  2. If for any reason whatsoever, 30 days after the date of the Notice, the Dispute has not been resolved, the Parties must either agree upon selection of a mediator or request that an appropriate mediator be appointed by the President of the Australian Disputes Centre or his or her nominee;
  3. The Parties are equally liable for the fees and reasonable expenses of a mediator and the cost of the venue of the mediation and without limiting the foregoing undertaking to pay any amounts requested by the mediator as a precondition to the mediation commencing. The Parties must each pay their own costs associated with the mediation;
  4. The mediation will be held in Sydney, NSW, Australia.

16.4. Confidential:

All communications concerning negotiations made by the Parties arising out of and in connection with this dispute resolution clause are confidential and to the extent possible, must be treated as “without prejudice” negotiations for the purpose of applicable laws of evidence.

16.5. Termination of Mediation:

If 5 days have elapsed after the start of a mediation of the Dispute and the Dispute has not been resolved, either party may ask the mediator to terminate the mediation and the mediator must do so.

17. Venue and Jurisdiction

The Services offered by Kubio Group Pty Ltd is intended to be viewed by residents of Australia. In the event of any dispute arising out of or in relation to the Platform, you agree that the exclusive venue for resolving any dispute shall be in the courts of New South Wales.

18. Governing Law

The Terms are governed by the laws of New South Wales. Any dispute, controversy, proceeding or claim of whatever nature arising out of or in any way relating to the Terms and the rights created hereby shall be governed, interpreted and construed by, under and pursuant to the laws of New South Wales, Australia without reference to conflict of law principles, notwithstanding mandatory rules. The validity of this governing law clause is not contested. The Terms shall be binding to the benefit of the parties hereto and their successors and assigns.

19. Independent Legal Advice

Both parties confirm and declare that the provisions of the Terms are fair and reasonable and both parties having taken the opportunity to obtain independent legal advice and declare the Terms are not against public policy on the grounds of inequality or bargaining power or general grounds of restraint of trade.

20. Severance

If any part of these Terms is found to be void or unenforceable by a Court of competent jurisdiction, that part shall be severed and the rest of the Terms shall remain in force.