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United Kingdom
2004 (22 Years)
Last online: No recent activity
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TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.
Warning
This company is currently Unproved.
Please be cautious of the potential risks!
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.
Get to know Masthaven
Company Information
Get to know Masthaven
Founded in 2004 as Masthaven Finance, the company gained its UK banking license in 2016 to become Masthaven Bank. It positioned itself as a specialist "challenger bank" focused on serving customers and intermediaries who were underserved by mainstream lenders. Its main products included fixed-term savings accounts, residential and buy-to-let mortgages, and bridging finance. In early 2022, the bank announced its decision to withdraw from the UK banking market following a strategic review, citing the challenge of generating the returns required by its shareholders in a competitive environment. The bank has since closed to new business and completed the wind-down of its operations.
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