Masthaven Finance was founded in 2005 by Andrew Bloom as a specialist property finance lender. Over the following decade, the business achieved substantial growth within the specialist finance market. In 2011, the company attracted significant investment from the William Pears Group, a high profile investment company, which facilitated its growth and expansion.

Following a two year application process, in April 2016 the company was granted a full UK banking license and became Masthaven Bank. This enabled the business to expand its offerings to include specialist property finance, mortgage lending, and a digital retail savings solution.

Throughout its development, Masthaven Finance emphasised personalised financial products, allowing customers to tailor savings and mortgage solutions to their specific needs. The bank’s innovative approach and dedication to flexibility positioned it as a notable player among UK challenger banks.