The Financial Conduct Authority has published a customer update after Amplifi Capital (U.K.) Limited entered administration on 9 June 2026. Robert Spence and Gareth Slater of Interpath Advisory were appointed joint administrators. Amplifi, which is authorised by the FCA and trades as Reevo Money and My Community Finance, can no longer issue new loans, but existing loan agreements remain in place. Reevo Money provided personal loans to consumers. My Community Finance acted as a credit broker, introducing customers to credit unions My Community Bank and Castle Community Bank, which issued loans and savings products. The administration does not change loans or savings with My Community Bank or Castle Community Bank, and customers should continue making repayments on outstanding loans with Reevo Money, My Community Bank and Castle Community Bank. The FCA said it will work with the joint administrators while Amplifi remains authorised to make sure customers are treated fairly.
Financial Conduct Authority2026-06-11
Financial Conduct Authority says Amplifi Capital entered administration and stopped new lending
The FCA said Amplifi Capital (U.K.) Limited entered administration on 9 June 2026 and can no longer issue new loans. Existing loan agreements remain in place, and loans or savings with My Community Bank and Castle Community Bank are unchanged. Customers should continue making repayments on outstanding loans.