Financial Markets Authority
Catalogue reference · Recorded date: 2025-05-13. Confirm the exact legal entity and current status with the authority.
Open authority reference ↗- Commercial name
- XPro
- Recorded website
- Xpro.gitbook.io
- Other recorded websites
- Xbackoffice.myxpro.app
- Authority jurisdiction
- New Zealand
- Authority reference
- 64
- Authority record date
- 2025-05-09
- Categories
- 5,7
- Category details
- Fraud and Other Types of Misconduct|Other
- Products
- 4
- Product details
- Investment contracts
- Recorded business email
- [email protected]
- Social media
- 4~xerapro.official|[email protected]|23~@GeniusInvestors|[email protected]
- Social media details
- Facebook: xerapro.official|Instagram: @xpro.global|YouTube: @GeniusInvestors|YouTube: @XPRO.GLOBAL
- Additional catalogue information
- XPro does not provide any financial products or services. Instead, it promotes the financial products and services offered by its partner organisations: Shiiro Academy, B2Pay and Homnifi. XPro is a multi-level marketing scheme. It sells subscriptions, which grant members access to XPro’s “rewards program”. Subscribers earn rewards by selling the products and services offered by XPro’s partner organisations, and by recruiting new XPro members to sell those products and services. The FMA is concerned that XPro’s partner organisations are providing financial products and services in New Zealand without the appropriate licence and without being registered on the Financial Service Providers Register (FSPR). Several of the partner organisations have also made misleading claims about their financial products and services.
- Validation date
- 2025-05-13
- Modification date
- 2025-05-13