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.

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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
Ronex-Coin – Unregistered business
We recommend caution when dealing with Ronex-Coin. Ronex-Coin offers investment plans with unrealistically high returns on crypto products and purport ...
Peathorna Global – Unregistered Business
Peathorna Global offers investment plans to New Zealanders with unrealistically high returns on crypto products, but is not registered on the Financia ...