StreamBank celebrates second anniversary and hosts industry event

06 February 2025

StreamBank will mark its second year of operation, today, Thursday 6th February, with a reception for brokers, solicitors, and other stakeholders at its new premises on the 23rd floor of Capital Tower in Cardiff.

Since gaining its banking licence in 2023, StreamBank has gone from strength to strength, increasing both headcount and volumes, and achieving full-year profitability in its second year.

The event will bring together more than sixty professionals from across the sector to celebrate StreamBank’s success and explore the bank’s future in the bridging and savings markets. Attendees will hear from CEO Mike Kirsopp, Chief Commercial Officer Richard Armstrong, and Managing Director of Property Finance Roz Cawood, alongside Andrew Hughes from StreamBank’s partner, Cushman & Wakefield.

After hiring several new team members at the start of 2025, StreamBank has grown to a headcount of forty-five.. Moving to new premises was essential to accommodate this growth and to establish a firm presence as a bank committed to making its mark in Cardiff.

Founded in 2023, StreamBank has quickly established itself as a trusted partner in the bridging finance sector, consistently delivering efficient and flexible solutions tailored to meet the needs of brokers and clients alike. Its streamlined structure ensures that decisions are made quickly and effectively, with direct access to underwriters and short reporting lines designed to accelerate every step of the process.

Mike Kirsopp, CEO at StreamBank commented:

"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."

For more information on StreamBank, visit www.streambank.co.uk.