Amplyfi, which launched back in 2015, is an AI-powered market intelligence platform based in Cardiff.
The platform aims to help global clients better identify and react to market changes.
Amplyfi investor, Cardiff Capital Region, explained: “Their proprietary platform monitors and analyses vast amounts of written content from the web, summarising key developments and generating unique insights, enabling users to uncover trends, opportunities and exposing previously hidden links.”
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Other Amplyfi investors include the Development Bank of Wales and QBN Capital.
Amplyfi set to close after entering liquidation
After nearly 11 years in business, Amplyfi is now set to close after entering liquidation.
The Cardiff-based company voluntarily entered liquidation on April 7 with John Cullen and Bethan Evans appointed joint liquidators, according to Companies House.
Following the announcement, a Development Bank of Wales spokesperson, via Business Cloud, said: “We were sorry to be informed that the directors of Amplyfi have taken the decision to proceed with the liquidation of the company.
“As a minority investor, we will now await the outcome of the liquidation process. It would not be appropriate to comment further at this stage.”
Other businesses/stores that have closed in South Wales in 2026 (so far)
It has been a turbulent start to 2026 for high streets in South Wales, with several other businesses and stores closing.
Revolution owners, The Revel Collective, closed 21 bars across the UK back in January, including two in Cardiff, after falling into administration.
Greggs closed its shop on Monnow Street in Monmouth in February, after the store reached the end of its lease.
The closure came just months after the shop was forced to shut after being left underwater by heavy rain, associated with Storm Claudia, which caused the River Monnow to burst its banks.
Award-winning restaurant New Ole on Cardiff Road (Newport) also shut back in February.
Fashion retailer River Island closed its store in Friars Walk Shopping Centre, Newport, for the final time on Sunday (April 19).
Other retailers have announced upcoming store closures in South Wales, including:
Lloyds Banking Group also announced it will close 95 branches across the UK in 2026/27, including seven in South Wales:
Lloyds
- Aberdare (June 23)
- Cardiff Victoria Park (June 3)
- Ebbw Vale (March 15, 2027)
- Swansea Enterprise Park (July 2)
Halifax
- Bridgend (June 11)
- Cardiff Albany Road (June 11)
- Cwmbran (June 2)
Have you been impacted by any of the business/store closures in South Wales this year? Let us know in the comments below.
