The agreement between you and Paymomentum LLC when you use Settlefi.
By creating an account on Settlefi, submitting an application, or using any service provided through settlefi.cc, you agree to these Terms of Service ("Terms"). If you are entering into these Terms on behalf of a company or other legal entity, you represent that you have authority to bind that entity.
If you do not agree to these Terms, do not use Settlefi.
Settlefi is a cross-border payment platform operated by Paymomentum LLC, a Wyoming-registered limited liability company ("we", "us", "Settlefi"). Settlefi provides:
Settlefi is a financial technology company, not a bank. Banking services and regulated activities (custody of funds, currency conversion, card network access) are provided by licensed third-party financial institutions ("Providers"). See Section 8.
To use Settlefi you must:
We reserve the right to decline or terminate access at our discretion, including where we cannot satisfy our compliance obligations.
You are responsible for maintaining the confidentiality of your account credentials and for all activity that occurs under your account. You must notify us immediately of any unauthorized access.
You must provide accurate, current, and complete information during onboarding and keep it updated. Material changes (beneficial ownership, business model, jurisdiction) must be reported within 30 days.
Fees for Settlefi services are agreed in writing during onboarding and reflected in your service agreement. Indicative pricing on /pricing is not binding until a final quote is provided.
We may deduct fees, FX spread, and pass-through network costs directly from your Settlefi balance. We will provide itemized statements available on demand through your account.
Late or unpaid fees may incur interest at the lesser of 1.5% per month or the maximum permitted by law.
You must not use Settlefi to:
Violation may result in immediate suspension, fund holds during investigation, and reporting to applicable authorities.
Customer funds are held with regulated financial institutions in segregated accounts. Settlefi does not commingle customer funds with operating capital and does not lend customer funds.
Settlement timing depends on the rail and corridor. Settlement to your bank account is subject to standard banking-day delays and applicable cutoffs.
We may delay settlement, reverse transactions, or hold funds where required by law, court order, or to comply with our risk management policies. We will notify you when we do so, except where prohibited by law.
Certain functions of Settlefi rely on licensed third-party financial institutions and infrastructure providers ("Providers"). Your use of Settlefi is also subject to each Provider's terms where applicable. We select Providers based on regulatory standing and operational reliability and reserve the right to substitute Providers without notice where doing so does not materially change the service you receive.
Settlefi, the Settlefi name, the Settlefi mark, and all related logos are property of Paymomentum LLC. You are granted a limited, non-exclusive, non-transferable license to use Settlefi solely for the purpose of operating your business through the platform during the term of these Terms.
You retain all rights in data you submit to Settlefi. You grant us a non-exclusive, royalty-free license to use, process, and store that data as needed to provide the service, comply with law, and improve the platform on an aggregated, de-identified basis.
Settlefi is provided "as is" and "as available". We do not warrant that the service will be uninterrupted, error-free, or free from delays caused by Providers, network outages, or events beyond our reasonable control.
We do not provide legal, tax, accounting, or investment advice. Decisions about which jurisdiction to incorporate in, which currencies to hold, or which rails to use are your responsibility.
To the maximum extent permitted by law:
You agree to indemnify and hold harmless Paymomentum LLC, its officers, employees, and Providers against claims, losses, and expenses arising from: (a) your breach of these Terms; (b) your violation of law or third-party rights; (c) disputes between you and your customers; and (d) chargebacks, reversals, and assessments imposed by card networks or rails relating to your transactions.
You may terminate your account at any time by contacting contact@settlefi.cc. Your obligation to pay outstanding fees and indemnify us for prior activity survives termination.
We may suspend or terminate your account immediately if we reasonably believe you have violated these Terms or applicable law, or where required by a Provider, regulator, or court order.
On termination, we will return your balance (less outstanding fees and reserve amounts) within 30 days, subject to applicable holdback periods required by law or risk management.
These Terms are governed by the laws of the State of Wyoming, USA, without regard to conflict-of-law principles. Any dispute arising out of or related to these Terms shall be brought exclusively in the state or federal courts located in Cheyenne, Wyoming. You waive any objection to jurisdiction or venue.
We may update these Terms from time to time. We will post the updated version at /tos and update the Effective date above. Material changes will be communicated via email at least 30 days before they take effect. Continued use of Settlefi after the effective date of any update constitutes acceptance.
Questions about these Terms? contact@settlefi.cc.
For service support, see /apply or contact@settlefi.cc.
Paymomentum LLC
30 N Gould St Ste R
Sheridan, WY 82801, USA