Regulations

Story: Amplifi Capital Collapses Into Administration, Freezing New Loans for Reevo Money and My…

By James Thorp

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What the Administration Actually Means for Borrowers. Amplifi can't issue new loans. Full stop. But existing loan agreements — whether through Reevo…

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Interpath Advisory Takes the Wheel. Robert Spence and Gareth Slater, the two appointed joint administrators from Interpath Advisory,…

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What Borrowers Should Do Now. Keep paying. That's the core message from the administrators.

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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.

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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.

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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…

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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.

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Reevo Money is a different story — but only partially. As a brand under Amplifi, it won't be offering any new financial products.

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No details have been released about how long the administration process is expected to run.

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More context: High Court Puts Euro Exchange Securities Under Special Administration Over Financial Crime Fears

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Robert Spence and Gareth Slater, the two appointed joint administrators from Interpath Advisory, are now responsible for managing Amplifi's affairs, business, and property.

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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…

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What is clear is that Amplifi's FCA authorization hasn't been stripped. The company still holds that regulatory status, even in administration.

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For consumers who were in the middle of applying for a loan through either brand, that's a hard stop.

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Keep paying. That's the core message from the administrators. Whether your loan sits with Reevo Money, MCB, or CCB, the repayment schedule stands.

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