On 16 November 2022, we imposed a number of requirements on Micro-E C.I.C. (Micro-E), an authorised High-Cost Lender and required Micro-E to cease providing either loans or credit to any new or existing customers.
Micro-E must not enter into any agreement relating to the provision of loans, investment monies or any other form of funding, and it must not receive any such monies either directly or indirectly.
See the FCA Register for more information.
Micro-E has the right to make representations to the Authority and/or to refer the matter to the Tribunal.