MANHATTAN BEACH, Calif.--(BUSINESS WIRE)--PeerStreet, an award-winning platform for investing in real estate backed loans, has announced an integration with Personal Capital, powered by the Envestnet | Yodlee Data Aggregation Platform. Customers of both Personal Capital, an automated investment service with more than $4.8 billion assets under management, and PeerStreet can now view their PeerStreet positions within the context of their investment portfolio on Personal Capital.
This integration with Personal Capital follows similar integrations announced earlier this year with Wealthfront and Betterment. This integration helps customers understand their PeerStreet investments in the context of their overall portfolio.
“Many PeerStreet customers have asked for this integration with Personal Capital. We’re always working to improve the experience for our customers and provide greater control and transparency,” said Brett Crosby, co-founder and COO of PeerStreet. “The more people can see how their PeerStreet account is performing compared to other investments, the more they can make informed decisions about where to invest money in the future.”
Since launching in November 2015, PeerStreet has been rapidly increasing its investor base and adding features to its platform. This integration with Personal Capital, which leverages the Envestnet | Yodlee Data Aggregation Platform, is another indication of the types of expansions and integrations that will help customers see their PeerStreet investments within their greater financial portfolio.
PeerStreet, which was just named as one of the Fintech 250 companies by CB Insights, continues to rapidly grow following the announcement of a $15 million Series A round in November last year, led by venture capital firm Andreessen Horowitz. Notable individuals who have invested in PeerStreet include Ron Suber, Adam Nash, and Michael Burry.
ABOUT PEERSTREET
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 former Y Combinator alumnus Alex Perelman. Learn more at www.peerstreet.com and on Twitter @PeerStreet.
