Nummixo has been identified as a firm that is not authorised by the Financial Conduct Authority (FCA) and may be targeting people in the United Kingdom. According to the information available, this firm may be providing or promoting financial services or products without FCA permission.
The unauthorised firm is listed under the name Nummixo and gives its address as 25 Old Broad Street, London, UNITED KINGDOM, EC2N 1HQ. The contact details provided by the firm include a telephone number, +442046381655, and a mobile number, +442046382488. Email contacts associated with Nummixo are [email protected] and [email protected].
Nummixo operates online through the websites www.nummixo.com and webtrader.geolyn-commesis.com/login. In addition to its web presence, the firm is also linked to social media activity via the Instagram account at https://www.instagram.com/nummixo_1/.
Regulatory status and consumer protections
The FCA states that almost all firms and individuals must be authorised or registered by the regulator to carry out or promote financial services in the UK. As Nummixo is not authorised by the FCA, it is not permitted to provide or promote financial services or products in the UK in the usual way required of regulated firms.
Consumers who deal with Nummixo will not have access to the Financial Ombudsman Service if they wish to make a complaint about the firm or its activities. This removes an important avenue for dispute resolution that is available when dealing with authorised firms.
In addition, customers of Nummixo will not be protected by the Financial Services Compensation Scheme (FSCS). If things go wrong, including if the firm goes out of business, it is unlikely that customers would be able to recover their money through the FSCS.
Implications for potential customers
The information highlights that engaging with an unauthorised firm such as Nummixo carries significant risks for UK consumers. Without FCA authorisation, there is no regulatory oversight of the firm’s financial services or products, and statutory protections such as access to the Financial Ombudsman Service and cover from the FSCS do not apply.
The details provided, including the firm’s name, address, telephone and mobile numbers, email addresses, websites, and Instagram account, are intended to help consumers identify the entity and avoid confusing it with authorised firms. The FCA’s position underscores the importance of verifying a firm’s regulatory status before engaging in any financial transactions or services in the UK.
