Collective Finance provide no information on their website about who owns or runs the business.

The Collective Finance website domain (“”) was registered on the 14th of March, 2017. Fedor Nikolov is listed as the owner, with an address in Saratov Oblast, Russia also provided.

Possibly due to language-barriers, I was unable to find any additional information on Nikolov.

As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.

Collective Finance Products

Collective Finance has no retailable products or services, with affiliates only able to market Collective Finance affiliate membership itself.

The Collective Finance Compensation Plan

Collective Finance affiliates invest $10 or more on the promise of an advertised 45% a month ROI.

A 10% direct referral commission is paid out on funds invested by personally recruited affiliates.

Upon qualifying as a Manager, additional residual commissions are paid out via three levels of recruitment (unilevel):

  • level 1 (personally recruited affiliates) – 3%
  • level 2 – 1%
  • level 3 – 0.5%

Note that Manager qualification criteria is not provided on the Collective Finance website.

Joining Collective Finance

Collective Finance affiliate membership is free, however affiliates must invest at least $10 to participate in the attached income opportunity.


With a 45% a month ROI on offer and the only verifiable source of revenue being newly invested funds, Collective Finance operates as a Ponzi scheme.

This is confirmed in the Collective Finance FAQ, which reveals newly invested funds are transferred directly to existing Collective Finance affiliates;

All the money transfers are made directly between participants.

Also of note is the use of “provide help” and “get help” in the FAQ:

You have to PROVIDE HELP as soon as you register.

You can GET HELP your capital and incentives for the duration of 30 days.

These terms are nomenclature coined by the MMM Global Ponzi scheme for investing and withdrawing.

MMM Global promised similar monthly ROIs of between 20% and 100%. The scam collapsed in 2016 which resulted in widespread investor losses.

Collective Finance is pretty much the same business model, right down to the use of bitcoin to commit Ponzi fraud.

As with MMM Global, when recruitment dies down so too will gifting payments within the system. This will see Collective Finance unable to meet its advertised ROI obligations, prompting a collapse.

The mathematics behind a Ponzi scheme sees a select few make a lot of money at the expense of the wider affiliate-base. The inevitable collapse of Collective Global will be no different.