New Zealand's hopes of winning the World Sevens series are over after losing in the Paris Sevens quarter finals.

The All Blacks Sevens have been beaten 19-17 by Argentina in the quarterfinals with the Pumas scoring two late tries.

New Zealand then lost the plate semi final 29-19 to South Africa with Samoa stunning Fiji 29-26 in the final from 26-7 down.

With one round two go in London next weekend, New Zealand's third in the standings behind South Africa and Fiji.