Terms of Use

Atlantic Accelerator (Pty) Ltd · Last updated: 6 June 2026

1. Introduction

These terms govern your use of the websites and services operated by Atlantic Accelerator (Pty) Ltd ("we", "us", "Atlantic Accelerator"), a company registered in the Republic of South Africa with its principal office in Cape Town.

Our services include AffyScore (affy.co.za), Taxonomic (taxonomic.co.za), and MortgageFlow (mortgageflow.co.za). By accessing or using any of our websites or services, you agree to these terms.

ECT Act disclosure (Section 43)

• Full name: Atlantic Accelerator (Pty) Ltd
• Physical address: Cape Town, South Africa
• Email: [email protected]
• Phone: +27 72 842 1159
• Website: affy.co.za

2. Nature of our services

AffyScore

AffyScore is a supplementary pre-screening tool that extracts behavioural signals from consumer bank statements and produces a credit score, affordability assessment, and recommendation (Clear, Caution, or Review).

AffyScore does not make credit decisions. It does not approve, decline, or recommend any lending action. It does not constitute an affordability assessment under the National Credit Act. The output is a data point — one input among many that a qualified human decision-maker at the subscribing lending provider must consider before taking any credit action.

AffyScore is not a credit bureau and does not compile or maintain an ongoing database of consumer credit records as contemplated by Section 43 of the National Credit Act.

Taxonomic

Taxonomic processes source documents (invoices, receipts, bank statements, trial balances) to produce structured tax working papers. It does not provide tax advice, and its output does not constitute a tax return or tax opinion.

3. Subscriber obligations

If you subscribe to any of our services as a lending provider, accountant, or other professional user, you agree that:

• You are solely responsible for all decisions made using our output, including credit decisions, lending actions, and tax filings
• You will ensure a qualified person reviews all automated output before taking action, in compliance with POPIA Section 71
• You have obtained all necessary consents and lawful grounds to share personal information with us for processing
• You will not use our output as the sole basis for any decision that produces legal effects for a consumer
• You will comply with all applicable laws, including the National Credit Act, the Protection of Personal Information Act, and the Financial Advisory and Intermediary Services Act

4. Consumer self-upload

Where a consumer uploads a bank statement via a tokenised self-upload link:

• The consumer will be presented with a consent notice identifying the lending provider and the purpose of the upload before any data is submitted
• Consent is explicit and may be withdrawn at any time by contacting us
• The consumer may request access to or deletion of their data (see our Privacy Policy)

5. Pricing and payment

AffyScore is priced per extraction on a prepaid basis. Current pricing is published at affy.co.za/pricing. All prices are in South African Rand and exclude VAT unless stated otherwise.

We reserve the right to change pricing with 30 days' written notice. Prepaid credits already purchased will be honoured at the rate at which they were bought.

6. Intellectual property

All intellectual property in our scoring engine, algorithms, software, website content, and output formats belongs to Atlantic Accelerator. Subscribing to our service grants you a limited, non-exclusive, non-transferable licence to use our output for your internal business purposes only.

You may not reverse-engineer, decompile, or attempt to extract the source code or algorithms of any of our services.

7. Accuracy and warranties

We take reasonable steps to ensure the accuracy of our extraction and scoring processes. However:

• Our services are provided "as is" without warranty of any kind, whether express or implied
• We do not warrant that our output is error-free, complete, or suitable for any particular purpose
• Bank statement quality, formatting variations, and document integrity affect extraction accuracy
• Tamper checks are advisory — they flag anomalies for human review and never auto-decline an application

8. Limitation of liability

To the maximum extent permitted by South African law:

• Our total liability to you for any claims arising from or related to our services is limited to the fees you have paid to us in the twelve (12) months preceding the claim
• We are not liable for any indirect, consequential, special, or punitive damages, including loss of profit, loss of business, or loss of opportunity
• We are not liable for any credit decision, lending outcome, or regulatory consequence arising from the use of our output

Nothing in these terms excludes liability for fraud, gross negligence, or wilful misconduct.

9. Indemnification

You agree to indemnify and hold harmless Atlantic Accelerator, its directors, employees, and agents against any claims, losses, or damages arising from:

• Your use of our output in making credit or business decisions
• Claims by consumers or regulators related to lending decisions you have made
• Your failure to obtain proper consent before submitting personal information to us
• Your breach of these terms or any applicable law

10. Suspension and termination

We may suspend or terminate your access to our services if:

• You breach these terms
• We reasonably believe your use poses a risk to consumer rights, data security, or our reputation
• Required by law or regulation

Unused prepaid credits will be refunded on a pro-rata basis upon termination, except where termination is due to your breach.

11. Governing law and jurisdiction

These terms are governed by the laws of the Republic of South Africa. Any dispute will be subject to the exclusive jurisdiction of the courts of the Western Cape.

12. Changes to these terms

We may update these terms from time to time. Material changes will be posted on this page with an updated date. Continued use of our services after changes constitutes acceptance.

13. Contact

For questions about these terms:

Atlantic Accelerator (Pty) Ltd
Email: [email protected]
Phone: +27 72 842 1159