Frequently Asked Questions

NUXA is a consumer financial clarity platform owned by The Strickland-Phillips Group (SPG). SPG is the holding company that develops, owns, and governs all group intellectual property and future operating subsidiaries (including property, lending, and asset management). NUXA is the initial user-facing product within this structure.

No. SPG is not a bank and does not currently operate as a deposit-taking institution. Where regulated financial activities are involved, SPG and its subsidiaries operate through appropriately authorised partners or under applicable regulatory frameworks.

SPG follows a phased regulatory strategy aligned with product maturity.

Rather than attempting to secure all permissions upfront, the Group:

• Operates only within permitted scopes at each stage

• Partners with authorised firms where appropriate

• Engages proactively with UK regulators as products evolve

• Maintains clear legal separation between group entities

This approach reduces execution risk while maintaining long-term regulatory credibility.

NUXA is designed as a read-only financial visibility platform for external accounts.

• User funds remain held with their existing banks or providers

• NUXA does not have withdrawal or payment authority over connected accounts

• In the event of a NUXA service outage, underlying funds remain unaffected

SPG treats data integrity as core infrastructure, not a growth lever.

• Financial data is accessed via regulated third-party providers using tokenised, permission-based access

• Sensitive credentials are never stored by NUXA

• Data is used exclusively to deliver services within the SPG ecosystem

• SPG does not sell user data to third parties

• Users retain control over account connections in line with GDPR requirements.

As with any long-term infrastructure project, risks include:

• Regulatory changes

• Technology dependency

• Market cycles (particularly in property and capital markets)

• Operational scaling challenges

SPG mitigates these risks through phased deployment, conservative balance-sheet planning, and structural separation between group activities.

SPG's approach prioritises asset-backed structures, conservative leverage, and automated risk controls.

Each product is designed with:

• Clear collateralisation

• Defined risk thresholds

• Pre-agreed contractual remedies

Specific mechanisms vary by product and jurisdiction and are disclosed to participants at the point of engagement.

No. NUXA can be used independently as a financial clarity tool.

Participation in any SPG capital, property, or asset-linked products is:

• Optional

• Subject to eligibility criteria

• Governed by separate legal terms

SPG is structured as a holding group with legally independent entities.

• Failure in one subsidiary does not automatically impair others

• User funds held with third-party institutions remain ring-fenced

• Physical assets are held in separate legal vehicles

This structure is designed to limit contagion risk.

SPG is founder-led but institutionally structured.

• Governance evolves as the Group scales

• Independent advisors and professional leadership are introduced as required

• Long-term continuity is prioritised over individual dependency

SPG is explicitly designed as long-term infrastructure. The Group operates on a multi-decade horizon, focusing on durability, compounding, and structural relevance rather than short-term exits.

The Strickland-Phillips Group maintains comprehensive internal risk frameworks covering regulatory, operational, financial, and technological exposure. For further information, prospective investors are encouraged to contact the Investor Relations team directly.