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International distinction for the Cypriot FinTech, WiRE

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International distinction for the Cypriot FinTech, WiRE

Selected from over 700 companies worldwide to participate in PwC UK's innovative Scale FinTech program

Participation together with only eight other companies worldwide in the innovative program of PWC UK, “Scale FinTech” has been secured by the Cypriot company Fintech, WiRE. The company has been selected to participate, after a rigorous evaluation of 700 companies that expressed interest in this program. WiRE stood out among hundreds of companies, as its choice was based mainly on the innovative approach of various sources with characteristics of the real estate market, environmental risk, natural hazards, the coverage of residential and commercial real estate by geographical area, which will gradually cover throughout Europe.

The “Scale FinTech” program, in which companies from all over the world participate, is an important action of the PwC Group in collaboration with the consulting company Growth Builders, which specializes in the development of scale-up programs. The goal of the program is to develop a collaboration platform that enables financial institutions and start-ups to work more closely together to create progressive benefits for the industry. Through a series of training activities and one-on-one meetings, lasting 10 weeks, targeted master-classes are offered, which provide knowledge and tools for the team of each participating company to develop, special techniques and synergies.

The top trainers who staff the program, offer a unique experience of knowledge and an important journey of development. Upon completion of the program, they are able to certify to the general business community that they have delivered companies ready to promote and implement significant quality business opportunities.

In a statement, WiRE CEO Pavlos Loizou commented: “WiRE's participation in the scale-up program of PWC UK is a double success for us. Firstly, because they embraced our vision of bringing a pioneering approach at European level to accessing and analyzing real estate market data, both for the real estate market and for building insurance, climate risk assessment, and the stratification of other data held by companies and organizations. . Secondly, because the trust shown to us by a House, which has utilized and is making full use of technology to compete in multiple industries, is a strong incentive for us to implement our ambitious plans “.

International companies Sedicci, Resistant AI, Outseer, RiskSave Technologies, Evolute IQ, Albany Group, Insig AI and Panthera Solutions will participate in this program together with WiRE.

WiRE helps real estate investors, banking institutions, insurance companies and household service providers by converting data and creating the profile of every property across Europe. WiRE introduces innovation in many areas such as lending, land development, insurance, marketing and government services through flexible data analysis solutions.

Source: www.philenews.com

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