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Source-attributed platform record

XPro

Financial Markets Authority · New Zealand

XPro: a source record attributed to Financial Markets Authority in New Zealand. Check the exact identity and linked source finding.

Identity and source

Name in source
XPro
Website or profile recorded by the source
Xpro.gitbook.io
Source authority
Financial Markets Authority
Jurisdiction
New Zealand
Source category
Fraud and Other Types of Misconduct|Other
Products in source
Investment contracts
Source registration date
2025-05-09
Source validation date
2025-05-13
Source modification date
2025-05-13
Additional source 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.

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