Company Information

Get to know Nemo Personal Finance

Nemo Personal Finance Limited operated as a subsidiary of the Principality Building Society, one of the largest building societies in Wales. Established to offer secured loans, also known as second-charge mortgages, the company provided homeowners with a way to borrow against their property's equity without remortgaging. In April 2020, Nemo Personal Finance stopped accepting new applications as part of a strategic decision by its parent company to focus on its core mortgage and savings business. The company is now solely focused on managing its existing customer accounts through to the end of their loan terms.

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Financial BankingPRIMARY
Financial Other Service

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Nemo Personal Finance

United Kingdom

Founded in

2005 (21 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.

Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

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Warning

This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.