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Cypriot fintech that gives insightful property knowledge throughout Europe, WiRE has raised roughly €1 million from institutional and personal buyers from Cyprus, Europe, and the U.S.
The corporate collates knowledge from numerous sources which have disparate however complimentary traits of the actual property market, together with geography, dimension, age, and many others but in addition geology, hydrology, environmental danger, pure hazards, and many others. This knowledge is mixed with dynamic photos and evaluation from the European House Company’s satellite tv for pc community and is made obtainable by an array of APIs and client merchandise.
Pavlos Loizou, CEO, WiRE stated: “We utilise expertise to entry, analyse and enrich completely different knowledge sources in an revolutionary means. Our aim is to place all this actual property knowledge throughout Europe below the identical platform, preserve our platform open to firms and the general public to provide transparency and supply the foundations for brand spanking new purposes, instruments, and monetary merchandise to be developed utilizing our database.”
The platforms prospects vary from insurance coverage firms to banks, actual property buyers and builders, who use this knowledge and instruments to make extra knowledgeable selections, improve income and scale back operational prices.
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