Lyte Finance is a website that functions as a web-based digital payment platform for specific uses (the “Platform”) as provided by Fundflow Pte Ltd (the “Company”). The use of the Platform is governed by these terms and conditions (the “Agreement”). Although accessible by others, the early payment discounting and factoring services facilitated and or provided by the Platform, including its content (together, the “Services”) are intended for access and use only by authorised personnel of registered corporate entities (each a “Corporate User”), who must be residing in Singapore, unless otherwise permitted in writing by the Company.

PLEASE READ THROUGH THE AGREEMENT CAREFULLY BEFORE ACCESSING THE PLATFORM AND USING THE SERVICES. Throughout this Agreement, Fundflow Pte Ltd shall be referred to as “Lyte Finance”, “we”, or “us”. Corporate Users shall be referred to as “you”, as appropriate in the given context.
  1. About our Terms
    1. These Terms explain how you may use our website (the “Site”) and Platform.
    2. References in this Agreement to the Site and Platform include the following websites:
      and all associated web pages.
    3. You should read these Terms carefully before using the Site or Platform.
    4. By accessing or using the Site or Platform, or otherwise indicating your consent, you agree to be bound by these Terms and the documents referred to in them.
    5. If you do not agree with or accept any of these Terms, you should stop using the Site or Platform immediately.
    6. If you have any questions about the Site, please contact us by:
      1. e-mail at;
      2. telephone at 69102606
        Your emails will be responded to, and your calls will be answered, on working days in Singapore between Monday to Friday, 1000h to 1700h.
        Please note that we may record calls for quality and training purposes.
  2. General Terms and Conditions
    1. By accessing or using the Services, you agree to be bound by this Agreement as posted and accessible through our Site or Platform at the time of your access or use. You also agree to use the Services in accordance with the terms and conditions of this Agreement, our Privacy Policy, supplementary agreements, and any additional terms and conditions that are referenced herein or that otherwise may apply to specific features of the Platform or the Services, or any other service that is made available to you through the Platform.
    2. The Web is an evolving medium. We reserve the right to change or modify the Agreement. In the event that the Agreement is amended, we will publish the revised Terms of Use through our Platform or Site with the date at which the latest revision was made duly recorded.
    3. You agree to review the latest version of the Agreement each time you use the Services so that you are aware of any modifications made. By continuing to access or use the Platform or the Services, you agree to the Agreement, as is modified from time to time.
    4. If you do not agree with the Agreement, or any of the updated terms and conditions, you may choose not to continue using the Platform and the Services.
  3. The Platform and the Site
    1. You first sign up to use the Platform by registering for a Corporate User account (an “Account”). When signing up, you are obligated to provide us with certain information, which may include the name(s) of authorised users, your business address, relevant governmentregistered identity number (only in limited circumstances) or equivalent, business registration number, date of birth, date of registration, and bank account information (as applicable). Upon successful registration, we will provide you with an Account, accessible to you with a password of your choice. You agree to change your password at the soonest time possible thereafter and keep it strictly confidential.
    2. The use of the Platform facilitates the Services between recognised and registered business entities. You agree and warrant that you have a contractual agreement for goods or services with such other registered business entities from time to time as you use the Platform.
    3. The Platform is for your business use only. You agree that you are solely responsible for: -
      1. all costs and expenses you may incur in relation to your use of the Platform; and
      2. keeping your password and other account details confidential.
    4. At this time, the Platform is intended for use only by users who can access the Site and Platform from Singapore. If you choose to access the Site from locations outside Singapore, you are responsible for compliance with local laws where they are applicable.
    5. We seek to make the Site as accessible as possible. If you have any difficulties using the Site, please contact us at the soonest.
    6. We may prevent or suspend your access to the Site if you do not comply with any part of these Terms, any terms or policies to which they refer, or any applicable laws.
  4. Internet Delays
    1. The Site, the Platform, and Services therein may be subject to limitations, delays, and other problems inherent in the use of the Internet and electronic communications including the device you use.
    2. We are not responsible for any delays, delivery failures, damages, or losses resulting from such problems.
  5. Platform License
    1. Subject to your compliance with the terms and conditions of this Agreement, Lyte Finance grants you a limited, non-exclusive, non-transferable license to use the Platform on a recognised computer, laptop, or mobile device that you own or control and to run such copy of the Platform solely for your own personal use.
  6. User Restrictions
    1. You shall not: -
      1. license, sublicense, sell, resell, transfer, assign, distribute, or otherwise commercially exploit or make available to any third-party the Platform in any way; or
      2. modify, edit, copy, reproduce, create or make derivative works based upon the Platform; or
      3. reverse engineer or access the Platform in order to (a) design or build a competitive product or service, (b) design or build a product using similar ideas, features, functions, or graphics of the Platform, or (c) copy any ideas, features, functions, or graphics of the Platform; or
      4. rent, lease, loan, resell, sublicense, distribute or otherwise transfer the Platform to any third-party or use the Platform to provide time sharing or similar services for any third-party; or
      5. delete the copyright and other proprietary rights notices on the Platform; or
      6. launch an automated program or script or any program which may make multiple server requests per second, or unduly burden or hinder the operation and/or performance of the Services.
    2. If you breach any of these terms, the aforementioned license shall automatically terminate, and you shall immediately cease to use the Platform and the Services. We reserve our right to take action against you for any contravention of the terms herein.
  7. User Eligibility
    1. As an authorised Corporate User, to be eligible to use the Services:-
      1. You represent that you are of legal age to enter into a binding contract;
      2. You shall ordinarily reside in Singapore at the time of usage of the Site or Platform and its services; and
      3. You shall have in your possession a valid and legal mode of identification.
    2. As a Corporate User, to be eligible to use the Services:-
      1. You represent to have the authority, and accept that, you are entering into a binding contract with Lyte Finance;
      2. You shall be registered in Singapore at the time of usage of the Site and the Platform and its services; and
      3. You shall have in your possession a valid and legal mode of identification.
    3. Each Corporate User represents and warrants that the information provided to us is accurate and complete.
    4. Each Corporate User acknowledges and agrees that we are entitled at all times to verify the information provided and to deny your use of the Services at any time for any reason or no reason.
  8. Privacy and Personal Data Protection
    1. We understand the significance and importance of personal data protection. We adhere to, and comply with, the Personal Data Protection Act 2012 of Singapore.
    2. By submitting any information of yourself, you consent to the use of that information as set out in the form of submission and in this Agreement.
    3. Your use of the Services is subject to our Privacy Policy. Please review the Privacy Policy which explains to you what data we collect through the Platform for the Services, how we use it, how we secure it, and when we may share it.
    4. You further consent to Lyte Finance contacting you from time to time for the purpose of service-related issues not necessarily related to your specific transactional matters.
    5. You acknowledge and agree that no system of storing your data, personal information, or other relevant information is entirely secure. You accept any and all risks of data loss to the fullest extent permissible by law.
  9. Submitting information to the Site
    1. While we try to make sure that the Site is secure, we cannot guarantee the security of any information that you supply to us and therefore we cannot guarantee that it will be kept confidential. For that reason, you should not let us have any patentable ideas or patent applications, advertising or marketing suggestions, prototypes, or any other information that you regard as confidential, commercially sensitive or valuable (“Unwanted Submissions”). While we value your feedback, you agree not to submit any Unwanted Submissions.
    2. We may use any Unwanted Submissions as we see reasonably fit on a free-of-charge basis (bear in mind that we have no way of knowing whether such information is confidential, commercially sensitive or valuable because we do not monitor the Site to check for these matters). Therefore, we will not be legally responsible for keeping any Unwanted Submissions confidential nor will we be legally responsible to you or anybody else for any use of such Unwanted Submissions.
    3. We may, in our sole discretion, permit you to submit content and other materials through the Platform (collectively, “User-Provided Content”), which shall be anonymised where necessary.
    4. You grant us, and anyone authorized by us, a royalty-free, perpetual, irrevocable, nonexclusive, unrestricted, worldwide license to use, copy, modify, transmit, sell, exploit, create derivative works from, distribute, and/or publicly perform or display such anonymised User-Provided Content, in whole or in part, in any manner or medium, for any purpose that we choose. You represent and warrant that you have the right to grant the license described above.
    5. You acknowledge that we only act as a passive conduit for the distribution of anonymised User-Provided Content and we are not responsible or liable to you or to any third-party for the content or accuracy of the User-Provided Content.
    6. You understand that we have no obligation to monitor any areas of the Services through which you upload User-Provided Content. However, we reserve the right at all times, in our sole discretion, to screen User-Provided Content and to edit, move, delete, and/or refuse to accept any User-Provided Content that in our judgment violates this Agreement or is otherwise unacceptable or inappropriate, whether for legal or other reasons.
  10. Payment for Services
    1. There is no charge to register with us or use the Platform.
    2. To process the Services that we offer to you through the Platform, you may be charged fees depending on the specific Service you require (the “Fee”).
    3. You may be charged when you use the Services to pay or receive funds owed or due to you, expediency of which is at your discretion, subject to inter-bank delays, service down-times, and other inconveniences.
    4. It is your own responsibility to remain informed about the current Fee rates before engaging the Services, which shall be set out in various commercial agreements that you shall execute prior to the Services being made available to you.
    5. All billing and processing will be performed upon conclusion of each transaction, as per the total Fees rendered and accepted according to each transaction you make.
    6. You agree that you shall pay for all Services that you receive, and that we may charge you any taxes and late fees, as applicable, that may be accrued by or in connection with your account.
    7. After requesting for, and cancelling, a Service, a cancellation fee of may also apply.
    8. You are responsible for the timely payment of all Fees and for providing us with a valid means of payment of Fees at all times.
    9. You may be liable for any charges or fees if the bank or processing agent declines your account information for any reason.
    10. Any payment made is non-refundable. This no-refund policy shall apply at all times regardless of your decision to terminate your usage, our decision to terminate your usage, disruption caused to the Service (either planned, intentional, accidental, or for any reason whatsoever).
  11. Third-Party Payment Processing
    1. We may use payout platforms, payment service providers, or banks as third-party payment processors (each a “Payment Processor”) to link us to your account. The processing of payments or credits, as applicable, in connection with your use of the Services will be subject to the terms, conditions, and privacy policies of the Payment Processors in addition to this Agreement.
    2. We are not responsible for any errors by Payment Processors. In connection with your use of the Services, we may obtain certain transaction details, which we will use solely in accordance with our Privacy Policy.
  12. Modifications to, or Discontinuation of, the Services
    1. We reserve the right at any time and from time to time to modify or discontinue, temporarily or permanently, (i) the Services or any portion thereof, or (ii) the Platform or the Site or any part thereof, with or without notice.
    2. You agree that we will not be liable to you or any third-party for any modification, suspension or discontinuance of the Services or any portion thereof.
  13. Ownership, use and intellectual property rights
    1. This Platform and Site and all intellectual property rights in them including but not limited to any Content are owned by us.
    2. Intellectual property rights means rights such as: copyright, trade marks, domain names, design rights, database rights, patents and all other intellectual property rights of any kind whether or not they are registered or unregistered (anywhere in the world). We reserve all of our rights in any intellectual property in connection with these Terms.
    3. Nothing in these Terms grants you any legal rights in the Site other than as necessary to enable you to access the Site and the Platform. You agree not to adjust to try to circumvent or delete any notices contained on the Site (including any intellectual property notices) and in particular in any digital rights or other security technology embedded or contained within the Site.
  14. Software
    1. Our Platform software is provided as a service to you. You may only use such software if you agree to be bound by this Agreement as the terms and conditions that apply to such software.
    2. You will be made aware of any terms and conditions that apply to the software when you register for an account, and the terms and conditions are always available when you visit the Site.
    3. If you do not accept such terms and conditions, you should not make use of the software.
    4. Using the software in an unlawful way (such as reproducing or redistributing it in a way that breaches these Terms and any others that apply to it) is expressly prohibited and may result in civil and criminal penalties.
  15. Accuracy of information and availability of the Site
    1. While we try to make sure that the Site is accurate, up-to-date, and free from bugs, we cannot promise that it will be. Furthermore, we cannot promise that the Site will be fit or suitable for any purpose. Any reliance that you may place on the information on this Site is at your own risk.
    2. We may suspend or terminate operation of the Site at any time as we see fit.
    3. Content is provided for your general information purposes only and to inform you about us and our products, news, features, or services that may be of interest. Our content does not constitute technical, financial or legal advice or any other type of advice and should not be relied on for any such purpose.
    4. While we try to make sure that the Site is available for your use, we do not promise that the Site is available at all times nor do we promise the uninterrupted use by you of the Site.
  16. Hyperlinks and third-party sites
    1. The Site may contain hyperlinks or references to third party websites other than the Site. Any such hyperlinks or references are provided for your convenience only. We have no control over third party websites and accept no legal responsibility for any content, material or information contained in them.
    2. The display of any hyperlink and reference to any third-party website does not mean that we endorse that third party's website, products or services. Your use of a third-party site may be governed by the terms and conditions of that third party site.
  17. Limitation on our liability
    1. Except for any legal responsibility that we cannot exclude in law (such as for death or personal injury), we are not legally responsible for any: -
      1. losses that: -
        1. were not foreseeable to you and us when these Terms were formed; or
        2. were not caused by any breach on our part
      2. business losses; and
      3. losses to non-users.
  18. Disclaimer
    1. The Services and any information contained on or provided through the Platform or the Services are provided on an “as is” basis.
    2. Any access to or use of the Services is voluntary. We will regard all access or use as voluntary and at the sole risk of the Corporate User.
    3. We do not make any express or implied warranties, representations or endorsements of any kind whatsoever with regard to the Services or with respect to any information, product, service, merchandise or other material provided on or through the Services.
    4. We do not warrant that the functions contained in the Platform or the Service will be uninterrupted or error-free, that defects will be corrected, or that the Platform that is made available is free of viruses or other harmful components.
    5. We do not warrant or guarantee that files that may be available for downloading through the Services will be free of infections or viruses, worms, Trojan horses or other code that contains contaminating or destructive properties. You assume the entire cost of all necessary maintenance, repair, or correction.
    6. Your sole and exclusive remedy for dissatisfaction with the Services is to stop using them.
  19. Limitation of Liability
    1. To the fullest extent permissible under applicable law, in no event shall we be liable to you or any third party for any direct, indirect, punitive, exemplary, incidental, special or consequential damages (whether in contract, tort, or otherwise) arising out of this Agreement, or the use of, or the inability to use, the Services, including, without limitation, any information or data made available through the Services or any Services performed.
    2. In the event the foregoing limitation of liability is determined by a court of competent jurisdiction to be unenforceable, then the maximum liability for all claims of every kind arising out of this Agreement shall not exceed one Singapore Dollar (SGD 1.00).
    3. The foregoing limitation of liability of Lyte Finance will cover, without limitation, any technical malfunction, computer error, or loss of data, and any other injury, arising from the use of the services.
    4. To the extent that we may not, as a matter of applicable law, disclaim any implied warranty or limit its liabilities, the scope and duration of such warranty and the extent of our liability shall be the minimum permitted under such applicable law.
  20. Indemnification
    1. You expressly agree your use of Site, Platform, and the Services is at your sole risk.
    2. Services are provided on an “as is” basis. Lyte Finance expressly disclaims all warranties of any kind, whether express or implied, including, but not limited to any warranties of merchantability, fitness for a particular use or purpose, non-infringement, title, operability, condition, quiet enjoyment, value, accuracy of data and system integration.
    3. You agree to indemnify, defend, and hold harmless Lyte Finance, its officers, directors, employees, managers, shareholders, agents, representatives, subsidiaries, affiliates, suppliers, and licensors from, and against, all losses, expenses, damages and costs, including reasonable legal fees, resulting from any violation of these terms and conditions, and/or resulting from actions or omissions related to our actions.
    4. You agree to indemnify and hold harmless Lyte Finance, its affiliates, and each of its and their respective directors, officers, managers, employees, shareholders, agents, representatives, licensors, successors and assigns from and against any and all losses, expenses, damages and costs, including reasonable legal fees, that arise out of any User-Provided Content posted or transmitted through the Services by you or by others using your account.
  21. Entire Agreement
  22. This Agreement constitutes the entire agreement between Lyte Finance and you with respect to the subject matter contained in this Agreement and supersedes all previous and contemporaneous agreements, proposals and communications, written or oral, related to that subject matter. You also may be subject to additional terms and conditions that may apply when you use the products or services of a third-party that are available through the Services. In the event of any conflict between any such third-party terms and conditions and this Agreement, this Agreement shall prevail.
  23. Rights of Third Parties
  24. This Agreement is not intended to benefit any third party, and do not create any third party beneficiaries. Accordingly, this Agreement may only be invoked or enforced by Lyte Finance or you.
  25. Nature of Terms
  26. If any provision of this Agreement is found to be unlawful, void, or for any reason unenforceable, then that provision will be deemed severable from this Agreement and will not affect the validity and enforceability of any remaining provisions, and any competent court shall endeavour to give effect to the parties’ intentions as reflected in the provision, and that the other provisions of this Agreement remain in full force and effect.
  27. Limitation of Time
  28. You agree that regardless of any law, rule, or regulation to the contrary, any claim or cause of action that you may have arising out of or related to use of the Services or this Agreement must be filed by you within three (03) months after such claim or cause of action arose or be forever barred.
  29. Survival of Terms
  30. Our failure to exercise or enforce any right or provision of this Agreement will not constitute a waiver of such right or provision. Any and all terms of this Agreement that would reasonably be expected performed after the termination or expiration of this Agreement shall survive and be enforceable after such termination or expiration including, without limitation, provisions relating to ownership, indemnification, limitation of liability and governing law.
  31. Assignment
  32. This Agreement is personal to you and you shall not assign it to anyone. You shall not assign your rights under this Agreement without prior written consent of Lyte Finance. Any attempted assignment by you will be null and void. We reserve the right to assign this Agreement and all rights herein without your consent.
  33. Events beyond our control
  34. We shall have no liability to you for any breach of these Terms caused by any event or circumstance beyond our reasonable control including, but not limited to, strikes, lock-outs or other industrial disputes; breakdown of systems or network access; acts of terrorism; or flood, fire, explosion or accident.
  35. Variation
  36. These Terms are dated 25 September 2018. No changes to these Terms are valid or have any effect unless agreed by us in writing. We reserve the right to vary these Terms from time to time. Our updated terms will be displayed on the Site and by continuing to use and access the Site following such changes; you agree to be bound by any variation made by us. It is your responsibility to check these Terms from time to time to verify such variations.
  37. Governing Law and Jurisdiction
  38. This Agreement shall be governed by Singapore law, without regard to the choice or conflicts of law provisions of any jurisdiction, and any disputes, actions, claims or causes of action arising out of or in connection with this Agreement or the Platform or the Service shall be subject to the exclusive jurisdiction of the courts of Singapore to which you hereby agree to submit to.
  39. Disputes
    1. We will try to resolve any disputes with you quickly and efficiently. If you experience any difficulties in using our services, please contact us as soon as possible. We aim to resolve all disputes amicably within 60 days through mutual communication in good faith, otherwise, the procedure, as belowmentioned shall apply.
    2. Unresolved disputes shall be referred to the Singapore International Arbitration Centre (“SIAC”), in accordance with the Rules of the SIAC as modified or amended from time to time (the "Rules") by a sole arbitrator appointed by the mutual agreement of the Parties (the "Arbitrator"). If Parties are unable to agree on an arbitrator, the Arbitrator shall be appointed by the President of SIAC in accordance with the Rules. The seat and venue of the arbitration shall be Singapore, in the English language and the fees of the Arbitrator shall be borne equally by the Parties, provided that the Arbitrator may require that such fees be borne in such other manner as the Arbitrator determines is required in order for this arbitration clause to be enforceable under applicable law.
  40. Notices
    1. We may give notice by means of a general notice through the Platform, electronic mail to your email address as reflected in our records, or by written communication sent by registered mail or pre-paid post to your address in our records. You agree that any notices, agreements, disclosures or other communications that we send you electronically will satisfy any legal communication requirements, including that such communications be in writing.
    2. Such notice shall be deemed to have been given upon the expiration of forty-eight (48) hours after mailing or posting (if sent by Registered mail or pre-paid post) or thirty (30) minutes after sending (if sent by email).
    3. You may give notice to us, of which such notice shall be deemed given when received by the Company) by letter sent by courier or registered mail to the Company using the contact details as provided in below.
  41. Contact Us
  42. Please report any violations of these Terms of Use to