Solvenza Limited enters administration as FCA-authorised debt firm
FCA-authorised debt purchasing and collection firm Solvenza Limited entered administration on 28 April 2026 with joint administrators from Begbies Traynor appointed.
Solvenza's administration affects consumer debt resolution arrangements. Firms with related portfolios should review servicing arrangements, Consumer Duty implications, and complaint handling. The case adds to FCA scrutiny of the debt collection sector's resilience.
Operational and conduct risk for firms with linked debt portfolios or referrals.
Action Required
Identify any consumer or commercial exposure to Solvenza, and assess portfolio servicing continuity and consumer duty obligations.
Sector resilience and consumer duty exposure in regulated debt collection segment.
Map any portfolio links to Solvenza. Confirm servicing continuity and customer communications. Document Consumer Duty assessment and complaints handling considerations.
“On 28 April 2026, Solvenza Limited entered administration with Begbies Traynor appointed as joint administrators. Solvenza is FCA-authorised for debt purchasing and debt collection.”