Melius Inc., launched around 2018, operated primarily as a network marketing company in the financial technology space. Its business model was centered on selling subscriptions to a suite of products, including an educational platform called "iGoLearn" for forex and crypto trading, and a trading application called "iGoTrade" which claimed to use artificial intelligence to provide trading signals and analysis. The company's structure relied on its members (distributors) to recruit new members to purchase subscriptions, creating a multi-level compensation plan. Melius faced widespread criticism and regulatory scrutiny for operating without necessary financial licenses and for its business model being compared to a pyramid scheme.

Founded in

United States