LOS ANGELES--(BUSINESS WIRE)--LendIt Fintech, the world’s leading event in financial services innovation, recently announced that they have selected PeerStreet as a finalist in the Top Real Estate Platform category for the LendIt Fintech Industry Awards. This category recognizes companies that demonstrate a combination of performance, volume, growth, product diversity and responsiveness to stakeholders. Last year, PeerStreet won the Emerging Real Estate Platform award after being chosen as a finalist alongside several other industry leading companies.
This recognition follows a year of tremendous growth for the company, which has surpassed over $750 million in loans funded, with zero losses to investors to date. PeerStreet was selected as a finalist out of hundreds of applicants worldwide and by more than 30 respected fintech industry experts who judged finalists representing innovation, emerging talent and top performers. PeerStreet is up for top honors within its award category. A winner will be announced at the LendIt Fintech Industry Awards Show and Dinner on April 10 at the LendIt Fintech conference in San Francisco. The prestigious awards ceremony will bring together 500 fintech influencers, entrepreneurs and thought leaders to honor the outstanding achievements in financial services innovation.
“Given the field of worthy innovators in this space, we are thrilled to be chosen as a finalist for this category, which is reflective of PeerStreet’s highly successful growth trajectory,” said Brett Crosby, COO and Co-Founder of PeerStreet. “Our entire team has displayed incredible resolve in achieving impressive production milestones and we’ve further invested in building technology to continually streamline the high quality underwriting process our investors have come to expect.”
“This year’s finalists are the most innovative companies disrupting the future of finance in order to improve the quality of daily life,” said Peter Renton, co-founder and co-chairman, LendIt Fintech. “We were yet again impressed by the number of high-caliber nominees and look forward to celebrating these companies that have made impressive contributions to the fintech industry.”
Last year, PeerStreet successfully integrated with three prominent personal finance platforms including WealthFront, Betterment and Personal Capital. PeerStreet continues to innovate new investment products including a product for investors seeking short term liquidity.
PeerStreet is an award-winning, Andreessen Horowitz-backed platform focused on democratizing access to real estate debt. The company strives to provide investments in quality, 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.
The company is led by former real estate attorney Brew Johnson, former Google executive Brett Crosby and Y Combinator alumnus Alex Perelman.
About LendIt Fintech
LendIt Fintech is a recognized global internet finance industry leader, founded in New York in 2013. Its aim is to gather industry elites to discuss and explore latest trends in the development of international financial technology. LendIt Fintech has become the largest event in financial services innovation as it hosts three annual conferences, LendIt Fintech USA, LendIt Fintech Europe, and Lang Di Fintech, and dozens of complementary online and in-person industry events. LendIt Fintech also owns and operates one of the world’s leading industry educational channels, Lend Academy.