Cypriot fintech firm raises €1M to develop unified real estate data platform
Cypriot fintech that provides insightful property data across Europe, WiRE has raised approximately €1 million from institutional and private investors.
The company collates data from various sources that have disparate but complimentary characteristics of the real estate market, including geography, size, age, etc but also geology, hydrology, environmental risk, natural hazards, etc.
This data is combined with dynamic images and analysis from the European Space Agency’s satellite network and is made available through an array of APIs and consumer products.
The platforms customers range from insurance companies to banks, real estate investors and developers, who use this data and tools to make more informed decisions, increase revenue and reduce operational costs.