Page last updated: 12 October 2023

Unregistered businesses

The FMA publishes the names of unregistered businesses that have been reported as offering financial services to New Zealanders. Investing with them means you have little protection in the event something goes wrong.

22 Mar 2024

Apex Analytics – Unregistered

FMA is concerned that Apex Analytics is offering New Zealanders financial services and financial products including convertible notes while not regist ...

Unregistered businesses

08 Mar 2024

Prospero Markets Company Limited – Unregistered Business

FMA is concerned that Prospero Markets (New Zealand) is offering New Zealanders financial services including CFD trading services while not registered ...

Unregistered businesses

30 Jan 2024

Express Options – Unregistered financial service provider

We are aware of a New Zealand resident who has invested with Express Options and is now having difficulties withdrawing funds. Express Options is not ...

Unregistered businesses

12 Dec 2023

Banker Quotes - Unregistered Business

FMA warns that Banker Quotes is offering financial services in New Zealand, while not being authorised or registered on the Financial Service Provider ...

Unregistered businesses

13 Nov 2023

Suspected ponzi and pyramid scheme Wewe Global or The Blockchain Era promoting Lyopay

UPDATED WARNING: wewe.global (also known as The Blockchain Era and Lyopay.com potentially operating Ponzi and Pyramid schemes by offering crypto cu ...

Unregistered businesses

12 Oct 2023

Ellev8 - Offering financial advice without registration, misleading promotions

We are concerned that Ellev8 is providing financial advice without being regulated in New Zealand. It is not registered on the Financial Service Provi ...

Unregistered businesses

11 Oct 2023

Saltaire Finance - Unregistered business, unsolicited offers

We are aware that a representative from saltairefinanceplc.com has made unsolicited contact to a New Zealand resident and offered investment in shares ...

Unregistered businesses

21 Sept 2023

iLimits Invest Limited – False FSP claims; withholding client funds

iLimits Invest Limited was deregistered from the New Zealand Financial Service Providers Register (FSPR) on 28 June 2023 however it is still making c ...

Unregistered businesses

08 Sept 2023

The People’s Reserve – Unregistered, offering digital currency

We recommend caution when dealing with The People’s Reserve and related associates the people's choice , or any individuals, or entities promoting T ...

View all unregistered businesses known to the FMA