StreamBank
“Can a newly licensed UK specialist bank carve out a defensible niche by offering best-in-class short-term property finance and savings products to brokers and property professionals?”
Founded2021
HQCardiff, Wales, United Kingdom
IndustryBank / Community
The story
StreamBank was founded in 2021 as a specialist UK bank targeting property professionals and savings clients. It applied for its banking licence in July 2021 and obtained full PRA/FCA authorisation in February 2023. The bank focuses on short-term property lending (bridging/development finance) and competitive savings products, positioning itself as a niche challenger in the UK specialist lending market rather than a full-service retail bank.
Product timeline
2021
StreamBank Plc incorporated (registered number 11995458) and applied for a UK banking licence in July 2021.· banking
2023
Granted full authorisation by UK regulators (PRA/FCA) in February 2023, enabling it to operate as a fully licensed bank.· banking
2024
Published FY24 Annual Report (April 2023 – March 2024), audited by PricewaterhouseCoopers LLP; principal bankers listed as Barclays Bank Plc and ClearBank.· banking
Regulated entities
Bank Charter (full authorisation)
UK (PRA/FCA) · 2023
StreamBank Plc
The stack
Accounting gap: none