04 July 2023

Stake Funds – Unregistered, withholding funds

We recommend exercising caution when dealing with Stake Funds and its website stakefunds.co. 

The website offers investment plans however is not registered to provide financial services in New Zealand. 

It is using the genuine address and registration details of a legitimate New Zealand company - Mercado Limited.  The director of Mercado Limited confirms having no association with Stake Funds.

We are also aware that Stake Funds is unreasonably withholding funds and requesting further funds before allowing withdrawals. 

ENTITY NAME: Stake Funds 
WEBSITE: www.stakefunds.co 
ADDRESS: Steve Brooks, 25d Churchill Street, Christchurch Central, Christchurch, 8013, New Zealand.
EMAIL: [email protected]