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Amplifi Capital (U.K.) Limited went into administration on June 9, 2026. Joint administrators Robert Spence and Gareth Slater from Interpath Advisory are now running the show.
The company, which traded under two brands — Reevo Money and My Community Finance — held FCA authorization and sat at the center of a small but meaningful lending network. Reevo Money issued personal loans straight to consumers. My Community Finance worked differently: it acted as a credit broker, connecting borrowers to credit unions, specifically My Community Bank (MCB) and Castle Community Bank (CCB), which then provided the actual loans and savings products. It’s a layered structure, and that layering is probably the main reason customers are confused right now about what actually changes for them.
Short answer: less than you’d think.
What the Administration Actually Means for Borrowers
Amplifi can’t issue new loans. Full stop. But existing loan agreements — whether through Reevo Money directly or through the MCB and CCB partnerships brokered by My Community Finance — stay intact. The terms don’t change. The repayment schedules don’t change. Customers are expected to keep paying, and the administrators are pretty clear on that point: missing repayments could hurt credit scores and make future borrowing harder.
MCB and Castle Community Bank aren’t in administration. They’re separate institutions that continue to operate independently, issuing loans and savings products as normal. Amplifi’s collapse doesn’t drag them down with it. Customers holding accounts or loans directly with those credit unions should see no disruption at all to their services or terms.
Reevo Money is a different story — but only partially. As a brand under Amplifi, it won’t be offering any new financial products. What it will keep doing is managing the existing loan book. So if you borrowed through Reevo Money before June 9, your loan is still valid, your lender still exists in an operational sense, and your obligations remain the same.
No details have been released about how long the administration process is expected to run.
Interpath Advisory Takes the Wheel
Robert Spence and Gareth Slater, the two appointed joint administrators from Interpath Advisory, are now responsible for managing Amplifi’s affairs, business, and property. Their job is basically to keep things orderly — make sure existing commitments are honored, and figure out what comes next for the company. They haven’t released any public comments yet on potential resolutions or long-term strategy.
That silence is pretty standard at this stage. Administrations take time, and early-phase administrators rarely tip their hand on whether the company gets sold, wound down, or restructured. Unclear if any buyer interest exists. No details on that front.
What is clear is that Amplifi’s FCA authorization hasn’t been stripped. The company still holds that regulatory status, even in administration. But practically speaking, the authorization doesn’t mean much when you can’t lend. The credit broker function under My Community Finance is also effectively paused — Amplifi can’t introduce new customers to MCB or CCB for new products while it’s in administration.
For consumers who were in the middle of applying for a loan through either brand, that’s a hard stop. New credit isn’t coming through these channels, at least not while Spence and Slater are at the helm.
What Borrowers Should Do Now
Keep paying. That’s the core message from the administrators. Whether your loan sits with Reevo Money, MCB, or CCB, the repayment schedule stands. Falling behind now — even if you assume the company’s situation gives you some kind of pass — won’t protect your credit file. It won’t.
Customers are encouraged to stay informed as the process moves forward, though the administrators haven’t flagged any immediate changes coming. The company itself hasn’t provided additional details on next steps or strategic decisions.
It’s worth watching whether Interpath Advisory makes any public announcements in the coming weeks. Administrations at FCA-authorized firms tend to move with some urgency given the regulator’s consumer protection mandate. MCB and CCB, for their part, seem to be in a solid position — they’re credit unions, not subsidiaries of Amplifi, and their independence from the administration is probably the most reassuring fact in this whole situation.
Amplifi’s FCA authorization remains technically intact as of June 9, 2026, with Interpath Advisory’s joint administrators managing the company’s existing obligations.
Frequently Asked Questions
What happens to existing Reevo Money loans after Amplifi enters administration?
Existing loan agreements with Reevo Money remain unchanged. Customers should continue making regular repayments to avoid any negative impact on their credit scores.
Are My Community Bank and Castle Community Bank affected by Amplifi’s administration?
No. MCB and Castle Community Bank operate independently and continue to issue loans and savings products. Their services are not affected by Amplifi’s administration.
