Effective Date: August 23, 2026
These Terms of Service (these "Terms") are a binding agreement between Alpha Collective, Inc., a Delaware corporation doing business as Colossus ("Colossus," "we," "us," or "our"), and the person or entity that registers for, accesses, or uses the Services ("you," "your," or "Customer"). By creating an account, accessing colossus.build or app.colossus.build, using our APIs, or otherwise using the Services, you agree to these Terms. If you use the Services on behalf of a company or other legal entity, you represent that you have authority to bind that entity, and "you" refers to that entity.
Important: Colossus is a financial technology company, not a bank, and is not FDIC-insured. Banking services are provided by Lead Bank, Member FDIC. Payment processing, money transmission, and custody of fiat funds, where applicable, are provided by licensed third-party financial services providers, including our banking services provider, Bridge. Digital asset wallets made available through the Services are non-custodial: you control your wallet, and digital assets are not bank deposits and are not FDIC-insured.
Colossus provides a financial operations platform that allows businesses to open an account through our financial services partners, fund it, define payment policies, and authorize software agents and people to send, receive, and hold money within those policies (the "Services"). The Services include our websites, applications, dashboards, APIs, developer tools, and related services. Every payment instruction submitted through the Services is evaluated against your configured policies before execution. Instructions within your policies may be executed automatically; instructions outside your policies are held for review by a person you designate.
The Services are intended solely for business and commercial purposes. You may not use the Services for personal, family, or household purposes. If you register as an individual, including as a sole proprietor or independent developer, you represent that you are using the Services in a business capacity. Consumer protection regimes applicable to personal accounts, including Regulation E error-resolution rights for consumer transfers, do not apply to the Services.
To use the Services you must: (a) be at least 18 years old and able to form a binding contract; (b) use the Services for business purposes; (c) not be located in, organized in, or a resident of any jurisdiction subject to comprehensive sanctions administered by the U.S. government, and not appear on any U.S. government list of prohibited, sanctioned, or restricted parties; and (d) comply with all laws applicable to your use of the Services, including sanctions and export control laws. The Services are operated from the United States and are primarily intended for U.S. businesses. If you access the Services from outside the United States, you do so at your own initiative and are responsible for compliance with local laws. We may decline to open, or may condition, suspend, or close, any account at our discretion, including where required by our financial services partners or by law.
You agree to provide accurate, current, and complete information during onboarding and to keep it updated. We and our service providers are required by law to verify the identity of our customers and their beneficial owners. You authorize us and our identity verification, compliance, and financial services providers to collect, verify, and share information about you, your business, and your beneficial owners for this purpose, and you agree to provide additional information or documentation on request.
To receive banking and payment services, you must also review and accept the terms of our banking services provider, Bridge, and its partner financial institutions, including Lead Bank, which are presented to you during onboarding and are incorporated into these Terms by reference. If there is a conflict between these Terms and the partner terms with respect to banking, custody of fiat funds, or money transmission, the partner terms control for those services. Where money transmission or custody of fiat funds is required, those services are provided by our licensed financial services partners, not by Colossus.
You are responsible for everyone you give access to your account, including team members you invite and agents you authorize.
For purposes of these Terms, an "Agent" is any software program, model, automation, or autonomous or semi-autonomous system that accesses the Services using your credentials, including through API keys, connected integrations, or protocols for machine access. An "Authorized User" is any individual you permit to access your account.
You may authorize Agents and Authorized Users to access the Services on your behalf. You agree that:
You and Colossus agree that the following, in combination, constitute a commercially reasonable security procedure for verifying the authenticity of payment orders and other instructions submitted through the Services (the "Security Procedure"): (a) your account credentials and authentication methods; (b) your API keys and other Agent credentials; (c) your configured policies, including limits, permitted payees, and rules; and (d) any approvals required under those policies. You agree that the Security Procedure is a security procedure for purposes of Article 4A of the Uniform Commercial Code, as applicable, and that any payment order verified through the Security Procedure is effective as your order and binding on you, whether or not it was authorized in fact.
You agree to safeguard all credentials, to use appropriately scoped credentials for each Agent, to rotate credentials periodically, and to notify us immediately at erick@colossus.build if you suspect any credential has been lost, stolen, or compromised. We may suspend affected access upon notice. We may, but are not obligated to, delay, hold, or refuse any instruction for risk, security, or compliance reasons, and we are not liable for losses resulting from actions taken in good faith under this Section.
Through our financial services partners, the Services support payment methods that may include ACH transfers (subject to the Nacha Operating Rules), same-day ACH, and domestic wire transfers. Availability of any payment method is not guaranteed and may vary by account.
The Services may allow you to hold and transfer supported stablecoins using wallets provisioned through third-party wallet infrastructure providers. These wallets are non-custodial: you control your wallet, and Colossus does not take custody of your digital assets and has no independent ability to move them other than executing instructions you or your Agents submit through the Services within your policies.
You agree to pay the fees described in the fee schedule presented within the Services or in an order form we agree with you (the "Fee Schedule"). Fees may include pass-through charges of our financial services partners and blockchain network fees. Fees are exclusive of taxes, and you are responsible for all applicable taxes other than taxes on our income. We may update the Fee Schedule with prior notice through the Services, and your continued use after the effective date of a change constitutes acceptance. You authorize us to deduct fees you owe from your balances or to invoice you for them.
You agree not to use the Services to engage in, facilitate, or support: any unlawful activity; money laundering, terrorist financing, or sanctions evasion; fraud or deceptive practices; transactions related to child sexual abuse material, human trafficking, unlawful gambling, controlled substances, weapons trafficking, counterfeit goods, ransomware, or Ponzi or pyramid schemes; or any category of activity restricted by our financial services partners. You further agree not to: interfere with or disrupt the Services; probe or test the vulnerability of the Services without our written authorization; circumvent policies, limits, or security controls, including by misrepresenting the origin of instructions; scrape or harvest data from the Services; or resell or provide the Services to third parties as a service bureau without our consent. We may investigate suspected violations and may cooperate with law enforcement and our partners, including by freezing activity and disclosing information as permitted by law.
Subject to these Terms, we grant you a limited, non-exclusive, non-transferable, revocable license to use our APIs and developer tools to access the Services for your internal business purposes, in accordance with our documentation and any rate limits or technical restrictions we impose. API keys are confidential. We recommend issuing separately scoped credentials for each Agent. We may rotate, suspend, or revoke credentials at any time for security or compliance reasons. You may not use the Services or nonpublic information about them to build or improve a competing service, and you may not reverse engineer, decompile, or attempt to extract source code from the Services except to the extent this restriction is prohibited by law. Features identified as beta, preview, or experimental are provided as-is, may change or be discontinued at any time, and may be subject to additional terms.
As between you and Colossus, you own the data you and your Agents submit to the Services ("Customer Data"). You grant us a license to host, process, transmit, and display Customer Data as necessary to provide the Services, to comply with law, to prevent fraud and abuse, and to maintain and improve the security and quality of the Services, including in aggregated or de-identified form that does not identify you.
Colossus and its licensors own the Services and all related intellectual property, including software, designs, and trademarks. Except for the limited rights expressly granted in these Terms, no rights are transferred to you. If you provide feedback or suggestions, you grant us a perpetual, irrevocable, royalty-free license to use them without restriction or obligation to you.
The Services depend on and interoperate with services provided by third parties, including our banking services provider, Bridge, and its partner financial institutions, including Lead Bank, as well as identity verification and compliance providers, cloud infrastructure providers, wallet infrastructure providers, blockchain networks, and communications and analytics providers. Third-party services are governed by their own terms and privacy notices. We do not control third-party services and, to the maximum extent permitted by law, we are not responsible for their acts, omissions, or failures.
THE SERVICES ARE PROVIDED "AS IS" AND "AS AVAILABLE," WITHOUT WARRANTIES OF ANY KIND, WHETHER EXPRESS, IMPLIED, OR STATUTORY, INCLUDING ANY IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, AND NON-INFRINGEMENT. WE DO NOT WARRANT THAT THE SERVICES WILL BE UNINTERRUPTED, ERROR-FREE, OR SECURE, OR THAT ANY AGENT WILL BEHAVE AS YOU INTEND. COLOSSUS IS NOT A BANK, IS NOT A FIDUCIARY, TRUSTEE, OR ADVISOR TO YOU, AND DOES NOT PROVIDE INVESTMENT, LEGAL, ACCOUNTING, OR TAX ADVICE. SOME JURISDICTIONS DO NOT ALLOW CERTAIN DISCLAIMERS, SO SOME OF THE ABOVE MAY NOT APPLY TO YOU.
TO THE MAXIMUM EXTENT PERMITTED BY LAW: (A) NEITHER COLOSSUS NOR ITS OFFICERS, DIRECTORS, EMPLOYEES, OR SERVICE PROVIDERS WILL BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, EXEMPLARY, OR PUNITIVE DAMAGES, OR FOR ANY LOSS OF PROFITS, REVENUE, DATA, GOODWILL, OR BUSINESS OPPORTUNITY, EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGES; AND (B) THE TOTAL AGGREGATE LIABILITY OF COLOSSUS ARISING OUT OF OR RELATING TO THE SERVICES OR THESE TERMS WILL NOT EXCEED THE GREATER OF (i) THE FEES YOU PAID TO COLOSSUS FOR THE SERVICES (EXCLUDING PASS-THROUGH CHARGES) IN THE TWELVE MONTHS BEFORE THE EVENT GIVING RISE TO THE CLAIM AND (ii) ONE HUNDRED U.S. DOLLARS ($100). THESE LIMITATIONS APPLY REGARDLESS OF THE THEORY OF LIABILITY AND EVEN IF A REMEDY FAILS OF ITS ESSENTIAL PURPOSE, AND DO NOT APPLY TO LIABILITY THAT CANNOT BE LIMITED UNDER APPLICABLE LAW.
You will defend, indemnify, and hold harmless Colossus and its officers, directors, employees, and agents from and against any claims, damages, liabilities, costs, and expenses (including reasonable attorneys' fees) arising out of or relating to: (a) your use of the Services, including use by your Authorized Users and Agents; (b) your Customer Data; (c) your breach of these Terms; or (d) your violation of law or the rights of any third party.
These Terms apply from the date you first accept them until your account is closed. You may close your account at any time through the Services or by written notice to us. We may suspend or terminate your access to some or all of the Services at any time, with or without notice, for risk, security, legal, or compliance reasons, for breach of these Terms, or as required by our financial services partners. Upon closure: you remain responsible for all obligations incurred before closure, including fees, returns, and reversals; you must promptly withdraw or transfer remaining balances, subject to applicable law, partner requirements, and any holds; and we may retain records as required by law. Sections that by their nature should survive termination will survive, including Sections 6, 9, 10, 12, and 14 through 20.
Please read this Section carefully. It affects your legal rights, including your right to file a lawsuit in court.
Informal resolution. Before filing a claim, you agree to first contact us at erick@colossus.build with a written description of the dispute and to work with us in good faith to resolve it for at least 60 days.
Arbitration. Except as set out below, any dispute arising out of or relating to these Terms or the Services will be resolved by final and binding arbitration administered by JAMS under its rules then in effect. The arbitration will be conducted by a single arbitrator, seated in San Francisco, California, and may be conducted by videoconference where appropriate. Judgment on the award may be entered in any court of competent jurisdiction.
Class action and jury waiver. Disputes will be resolved only on an individual basis. You and Colossus each waive the right to participate in a class, collective, consolidated, or representative action, and each waive the right to a jury trial, to the maximum extent permitted by law.
Exceptions. Either party may bring an individual claim in small claims court, and either party may seek injunctive or other equitable relief in court for actual or threatened infringement or misuse of intellectual property or confidential information.
Opt-out. You may opt out of this arbitration agreement by sending written notice to erick@colossus.build or to our mailing address below within 30 days of first accepting these Terms, stating your name, your account email, and your intent to opt out of arbitration.
Governing law and venue. These Terms are governed by the laws of the State of Delaware, without regard to conflict of laws principles, except that the Federal Arbitration Act governs the interpretation and enforcement of this arbitration agreement. Any claim not subject to arbitration will be brought exclusively in the state or federal courts located in San Francisco County, California, and the parties consent to personal jurisdiction there.
We may update these Terms from time to time. If we make material changes, we will provide notice through the Services or by email before the changes take effect. Your continued use of the Services after the effective date of updated Terms constitutes acceptance. If you do not agree to updated Terms, you must stop using the Services and close your account.
You consent to receive all communications, agreements, disclosures, and notices from us electronically, including by email to the address on your account and by posting within the Services, and you agree that electronic communications satisfy any legal requirement that a communication be in writing. Keep your account email current. Notices to Colossus should be sent to erick@colossus.build or to the mailing address below.
These Terms, together with the Fee Schedule, our Privacy Policy, and the partner terms incorporated by reference, are the entire agreement between you and Colossus regarding the Services and supersede any prior agreements on that subject. You may not assign these Terms without our prior written consent; we may assign them in connection with a merger, acquisition, reorganization, or sale of assets. If any provision of these Terms is held unenforceable, the remaining provisions remain in effect, and the unenforceable provision will be modified to the minimum extent necessary to make it enforceable. Our failure to enforce any provision is not a waiver. Neither party is liable for delay or failure to perform due to events beyond its reasonable control, except for your payment obligations. You agree to comply with all applicable export control and sanctions laws in connection with the Services. The parties are independent contractors, and these Terms do not create any partnership, joint venture, agency, or employment relationship.
Alpha Collective, Inc. d/b/a Colossus
1 Pine Street, Apt. 2209
San Francisco, CA 94111
erick@colossus.build
