PeerStreet Completes Software Integration with Liquid Logics

PeerStreet, a platform for investing in real-estate backed loans, has completed a system integration with Liquid Logics’ loan origination software platform. The move is in line with PeerStreet’s mission to build a stronger, more modern and more transparent marketplace for private lenders and accredited investors.

Approved lenders can submit loan information and documents directly to PeerStreet for evaluation—and potential sale—with a single click, streamlining the loan submission process.

“By creating this seamless integration, the loan submission process is easier,” said Brew Johnson, co-founder and CEO of PeerStreet. “And when that process is easier, there are more opportunities for lenders to sell their loans to a diverse pool of investors. That stands to benefit our entire marketplace: more loans from our lender network means more opportunities for PeerStreet investors to better diversify their investment portfolios. That demand for diversification then increases the overall demand for investments in loans, which further fuels lenders who in turn work with more high-quality borrowers. It is a virtuous cycle that benefits all participants.”

According to Liquid Logics founder and CEO Sam Kaddah, the integration is an ideal opportunity for the company.

“We’re very excited about this partnership, as it solidifies next-generation technologies in the fintech space by merging loan origination directly into PeerStreet’s investor marketplace,” said Kaddah. “With this partnership, Liquid Logics helps lenders achieve faster and more efficient lending cycles by connecting them to additional sources of capital from PeerStreet—allowing them to do more business and to do it better.”

This system integration is the first of more potential loan origination software integrations for PeerStreet this year. In 2018, PeerStreet surpassed $1 billion invested on its platform.

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