MANHATTAN BEACH, Calif.--(BUSINESS WIRE)--PeerStreet, a marketplace for investing in real estate backed loans, is pleased to announce that it has been recognized as the Best Overall Peer-to-Peer Lending Platform in the 2017 FinTech Breakthrough Awards.
The mission of the FinTech Breakthrough Awards is to honor excellence and recognize the creativity, hard work and success of FinTech companies, technologies and products. Winners are chosen by a panel of senior-level, experienced FinTech professionals that have personally worked in the industry including journalists, analysts and technology executives.
PeerStreet is also a finalist for The Benzinga Global FinTech Awards in the Best Digital Mortgage or Real Estate Platform, Tool or App category. The Benzinga Global FinTech Awards celebrate a related cause, showcasing companies with the most impressive technology leading the future of financial services. These awards are the latest addition to the startup’s growing list of accolades, which follow a landmark 2016 marked by rapid growth and expanded footprint, and a strong start to 2017. The firm is a recent winner of a LendIt industry Award and a Los Angeles Venture Association (LAVA) Award.
“We are extremely proud to be recognized as an innovative leader in the highly competitive FinTech market,” said Brew Johnson, Co-founder and CEO at PeerStreet. “Our team strives every day to provide investors access to quality investments in an easy-to-use and efficient manner, and this type of recognition inspires us to do more.”
“Our mission is to level the playing field between Main Street and Wall Street, enabling any accredited investor to easily invest in real estate loans,” said Brett Crosby, Co-founder and COO of PeerStreet. “By democratizing this system, PeerStreet’s platform has dramatically expanded the market for one of America’s largest industries.”
The company recently announced new integrations with Betterment and WealthFront, allowing users to view their PeerStreet investments within the context of their entire investment portfolio to understand how their real estate positions are performing in comparison to other holdings, resulting in greater transparency for clients.
PeerStreet is an award-winning, Andreessen-Horowitz-backed platform focused on democratizing access to real estate debt. The company provides investments in high-yield, short term, real estate backed loans. PeerStreet’s unique marketplace allows investors to diversify their capital in an asset class that has been traditionally difficult to access. Loans are sourced and curated from vetted private lenders throughout the United States who have local real estate expertise and borrower relationships. The model allows for more borrowers to access capital and improve their local communities, one house at a time. PeerStreet’s platform is secure and intuitive with an easy-to-use interface, offering a wealth of information and tools for every level of investor.
The company is led by former real estate attorney Brew Johnson, former Google executive Brett Crosby and Y Combinator alumnus Alex Perelman. Learn more at www.peerstreet.com and on Twitter @PeerStreet.