Amplifi Capital (U.K.) Limited (Amplifi) entered administration on 9 June 2026. Robert Spence and Gareth Slater of Interpath Advisory have been appointed as joint administrators to oversee the firm’s affairs. Amplifi is authorised by the Financial Conduct Authority (FCA) and trades under the names Reevo Money and My Community Finance.
Reevo Money has provided personal loans to consumers, while My Community Finance has acted as a credit broker. Through My Community Finance, customers have been introduced to credit unions, including My Community Bank (MCB) and Castle Community Bank (CCB), which issue loans and savings products.
Impact on existing loan and savings agreements
According to the information provided, all existing loan agreements with Amplifi remain in place and will not change as a result of the administration. However, Amplifi can no longer issue new loans. Customers with existing arrangements under the Reevo Money brand are expected to continue to meet their repayment obligations as usual.
Loans or savings products held with My Community Bank or Castle Community Bank will not change because of Amplifi entering administration. Customers with loans or savings at MCB or CCB are therefore advised to continue operating their accounts in the normal way, including making any scheduled repayments.
Customer obligations and regulatory oversight
Customers are reminded that they should continue to make repayments toward any outstanding loans held with Reevo Money, MCB and CCB as usual. Failing to make repayments is likely to impact a customer’s credit score and their ability to borrow in the future.
Amplifi continues to be authorised by the FCA. The FCA has stated that it will work with the joint administrators to ensure that customers are treated fairly during the administration process. This regulatory oversight is intended to support the orderly management of the firm’s affairs and the ongoing protection of customers.
