Short-term lender, StreamBank, welcomed brokers, solicitors, and industry professionals to a reception at its new headquarters in Capital Tower, Cardiff, as it hosted an event to discuss its future in the bridging and savings markets.
The gathering, which took place on the 23rd floor of the landmark office building, brought together more than 60 stakeholders from across the sector.
Attendees heard from CEO Mike Kirsopp, chief commercial officer Richard Armstrong, and managing director of property finance Roz Cawood, alongside Andrew Hughes from Cushman & Wakefield, one of StreamBank’s key partners.
The event coincided with the bank’s second anniversary, marking two years of growth since securing its banking licence in 2023. During this time, StreamBank has expanded both its workforce and lending volumes, achieving full-year profitability in its second year.
The move to Capital Tower reflects the bank’s need for larger premises following a series of recent hires, bringing its headcount to 45.
Founded in 2023, StreamBank has established itself as a specialist lender in the bridging finance sector, offering streamlined decision-making and direct access to underwriters.
Kirsopp (pictured) highlighted the bank’s progress and future ambitions. He said: “Reaching our second anniversary is a fantastic milestone, and I’m incredibly proud of how far StreamBank has come in such a short time.
“Gaining our banking licence in 2023 was just the beginning — we’ve since grown our team, expanded our lending and savings offerings, and achieved full-year profitability in our second year, a testament to the strength of our strategy and the dedication of our people.
“Moving into our new headquarters in Capital Tower reflects our ambition to cement StreamBank’s place in Cardiff’s financial landscape.
“As we look ahead to 2025, we remain focused on delivering innovative bridging and savings solutions nationwide, strengthening our partnerships, and continuing our growth journey.”
