Legals

Terms & Conditions

Effective Date: 1/04/2025

Welcome to Fincbank (“we”, “our”, or “the platform”), a platform designed to foster recognition, appreciation, and engagement within the Fincra ecosystem through the use of Fincs.

By accessing or using this website or any of its features, you (“User”, “Afincran”, “Team Member”, or “Leader”) agree to be bound by the following terms and conditions. Please read them carefully.

1. Eligibility and Signup

  • Only authorized Afincrans may currently sign up.

  • Unauthorized access or misuse of the platform is prohibited.

2. System Overview: How Fincbank Works

Fincbank operates as an internal engagement and appreciation tool within Fincra. Users can:

  • Receive Fincs from peers or the company

  • Give Fincs to appreciate colleagues

  • Redeem Fincs for rewards

  • Track activity and engagement via personal dashboards and a public leaderboard

3. Finc Categories

a. Limited Circulation Fincs

  • The company defines a total supply of Fincs in circulation, tied to tangible metrics like profit.

  • This value may be adjusted at any time.

  • All disbursed Fincs from the company/bank are deducted from this pool.

b. P2P Fincs

  • Afincrans can give Fincs to others with a compulsory reason attached.

  • All transactions are visible to administrators and may be audited at any time.

c. Instant Fincs

  • Intended for unique moments (e.g., birthdays, major wins).

  • Not deducted from or added to your Fincbank balance.

  • May be tracked in future versions for historical value.

4. Dashboard and Metrics

Each user will have access to a dashboard showing:

  • Total Given Fincs

  • Total Received Fincs

  • Total Redeemable Fincs (calculated as the average of Given and Received)

5. Redeemable Fincs & Reward Redemption

  • Redeemable Fincs are reset to 0.00 after redemption.

  • Redemption can occur at the end of each week or quarter.

  • Redeemable Fincs may be exchanged for products or experiences via shop.fincra.com, including:

    • Merchandise

    • Premium experiences (e.g., “Lunch with the CEO”, “Trip to the Bahamas”)

6. Recognition and Engagement Culture

  • The platform is built on the principle: “Whoever brings blessing will be enriched, and one who waters will himself be watered” (Prov 11:25).

  • Reciprocity is encouraged. Imbalance may be discouraged through mechanisms like:

    • Decay on unreciprocated received Fincs (e.g., 5% decay weekly if not giving)

    • Minimum Giving thresholds required to unlock redeemable value

    • Daily/weekly caps on P2P giving to encourage consistent usage

7. Leaderboard

  • Displays recent activity and MVPs based on Redeemable Fincs.

  • The bank’s own disbursement actions are also visible.

  • Rankings are updated upon page refresh.

8. Messages and Idea Rewards

  • Fincs may be earned for sharing innovative ideas or reporting issues via the Messages tab.

  • Team-based recognition (e.g., from the People’s Team or MBC Team) should be disbursed from the individual members’ Finc accounts.

  • Giving is voluntary and autonomous – no one is required to give, even if prompted.

9. Abuse & Fair Use Policy

  • Giving Fincs must be sincere and reason-backed. Misuse (e.g., reciprocal agreements, fake activities) may lead to:

    • Transaction nullification

    • Suspension from Fincbank

    • Further disciplinary action depending on severity

  • The system is built to honor effort, not game the algorithm.

10. Modifications to the System

Fincbank reserves the right to modify:

  • The rules of engagement

  • Redemption processes

  • Caps and decay rates

  • Access protocols

  • Reward schemes

All changes will be communicated ahead of enforcement.

11. Privacy and Data Usage

  • All transaction data is internally visible to the admin team for transparency and auditing.

  • No third-party data sharing occurs without user consent.

  • User interactions are used solely for engagement analytics and system optimization.

12. Limitation of Liability

Fincbank is provided as-is. We are not liable for:

  • Missed redemptions due to inactivity

  • Loss of Fincs due to decay, policy changes, or technical issues

  • User dissatisfaction related to reward choices or access limitations

13. Contact

For questions or support, reach out to the Love Team or send a message via the Messages tab on your dashboard.

See Privacy Policy