Under a year ago, we announced PeerStreet had funded $75 Million, October we rounded $150 Million and now, thanks to the ongoing support from our investors and lenders, we’ve just surpassed $300 Million with zero losses to date.
We’re grateful for every single customer that invests on our platform. The entire company is working toward scaling while maintaining quality, so we can bring even more loans onto our platform, allowing you to further diversify your portfolios.
How Else Has PeerStreet Grown in the Last Year?
The number of lenders PeerStreet works with has grown from 25 to 89. The loans we’ve recently made available for investment are more diverse than ever, with 11 new states added since this time last year, now totaling coverage across 28 states and Washington D.C. Currently, we are publishing triple the number of loans we did a year ago. To support this growth, our underwriting and portfolio management teams have doubled since last year.
PeerStreet has already received several industry awards and accolades in 2017 including: LendIt’s “Top Emerging Real Estate Platform” award, the LAVA Award, and just last week, the FinTech Breakthrough Award for “Best Overall Peer-to-Peer Lending Platform.” Thank you for your part in helping us achieve these milestones.
Feedback for PeerStreet
While we are enthusiastic about this growth, we are always open to hearing your about feedback and experiences on our platform. You can contact us anytime at feedback@peerstreet.com to let us know what you think.
