PeerStreet Integrates with Wealthfront via Quovo to Provide Improved Access and Transparency

  • With the Launch of Wealthfront’s New Financial Planning Experience,
    PeerStreet users will now be able to fully integrate their Wealthfront
    and PeerStreet accounts

MANHATTAN BEACH, Calif.–(BUSINESS WIRE)–PeerStreet,
an award-winning platform for investing in real estate backed loans, has
announced an integration with Wealthfront, the most trusted automated
investment service among young people with nearly $6 billion assets
under management. This integration was made possible by the rollout of
Wealthfront’s new financial planning experience, Path, which allows
Wealthfront clients to receive financial advice and planning for all of
their accounts.

As customers’ financial lives become increasingly complex, having all
investments across platforms in one place provides consumers with more
comprehensive information. PeerStreet users have sought out integrations
with platforms like Wealthfront. Both PeerStreet and Wealthfront were
able to quickly respond to their clients’ needs using Quovo, the
industry leader in financial account connectivity. Using its account
aggregation engine, customers investing on both platforms can view their
PeerStreet positions within the context of their greater Wealthfront
investment portfolio.

PeerStreet’s goal is to provide investors with tools that exceed
customer expectations and enable them to become more informed about
investment decisions. Integrating with Wealthfront helps accomplish this
goal. This announcement comes on the heels of other similar integrations
that were also requested by PeerStreet customers.

“We strive to be responsive to our customers and give them the
information they need to make better financial decisions,” said Brett
Crosby, co-founder and COO of PeerStreet. “This is part of our larger
philosophy of providing more access, transparency and control for our
customers. We’re committed to consistently making improvements to our
user experience, including integrations beyond the PeerStreet platform.”

Since launching publicly in October 2015, PeerStreet has rapidly
increased its investor base and added features to its platform. The
company was recently awarded the Top
Emerging Real Estate Platform
of the Year by LendIt. Additionally,
its recent fundraise by Andreessen Horowitz led to PeerStreet receiving
the Best Venture Funding in Marketplace award from the LAVA Association.

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.

Contacts

MEDIA:
Vested
Jacqueline Gogel, 917-765-8720
peerstreet@fullyvested.com