Lquid Pay is a payment service provider that has offered services in New Zealand without complying with New Zealand financial markets legislation.
In an online meeting with members, the Chief Executive of Lquid Pay made false and misleading statements, saying that:
- It was fully compliant with New Zealand’s laws, which is not true;
- It held a registered New Zealand trademark when it did not hold such a trademark at the time. It has only recently obtained one, in September 2025.
Despite Lquid Pay confirming with the FMA that it has suspended operations in New Zealand markets, we remain concerned that the false and misleading statements were made with the intention of misleading the public. An entity named Protocol Yield, operated by the same Chief Executive has also made similar false and misleading compliance statements on its website, saying that its parent entity Marida Limited is licensed in Hong Kong when it is not.
Other entities associated with Lquid Pay and Protocol Yield have been the subjects of public warnings issued by the FMA and other overseas regulators.
Website: lquid.finance
Email addresses: [email protected]; [email protected]
Associated entities: Protocol Yield (py.xyz); We Are All Satoshi (weareallsatoshi.org)
Related warning
We Are All Satoshi (WAAS) - Offering financial services without registration
Boomerang Trade (Boomerang) - Offering financial services without registration
