FAQ
Frequently asked questions.
Can Numo move my company’s money?
On the Numo platform, your company chooses an investment and starts the subscription. The money moves from your company’s account to the asset manager’s account, without passing through a Numo account. Numo forwards the order and coordinates settlement, but does not receive or hold your company’s money.
What is Numo’s regulatory status?
Numo provides the platform and acts as a tied agent of Sixty Degrees. Sixty Degrees manages the investment funds. The asset manager is registered with CMVM under number 395.
Why connect my company’s bank accounts?
Connecting accounts lets your company see balances and transactions in one place and initiate transfers on the Numo platform. Each transfer is authorised with the bank. The connection depends on your consent, which you can withdraw, and you can disconnect an account whenever you want.
Why do I need to verify my identity and my company?
Before your company uses the platform, we need to confirm who represents it and who its beneficial owners are. These identity and company checks are required by anti money laundering law.
How quickly can I access my cash?
You request a redemption on the Numo platform, and the money is sent to your company’s account. The time between your request and receiving the money depends on the fund you choose. You will find the timeframe on each fund’s page.
Do I pay anything to use Numo?
You do not pay a fee to use the Numo platform. Funds have their own costs, which are already reflected in the value shown. If your bank charges for a transfer, that charge comes from the bank, not Numo.
Where can I check returns and risks?
Each fund shows its returns, costs and risks on its page and in its documents. You can compare the options before deciding where to invest. Returns can vary, and invested capital is not guaranteed.
Do I need to switch banks or open new accounts?
You do not need to switch banks or open another account. Your company keeps the accounts it already uses and connects supported accounts to Numo to follow its cash position and initiate transfers.
How can my company access Numo?
Request an invite and tell us a little about your company. Our team reviews each request and will contact you about the next steps. If we invite your company, we will guide you through registration and the required identity and company checks.
Did we miss your question?
Talk to our team about how Numo works for your company.