Croatia (hrvatska)
Worig is a Croatia-based startup founded in 2019 with a vision to revolutionize the rental payment landscape. The company's slogan emphasizes its core offering, which is to address the challenges related to rental payments by establishing a reliable credit and work score system while also providing rental guarantee insurance. Worig's focus is on the financial services, fintech, and insurtech industries.
The startup's innovative approach addresses two primary concerns in the rental market. Firstly, it tackles the issue of tenants being burdened with the upfront payment of multiple monthly rents as a deposit. Secondly, it aims to alleviate landlords' concerns related to verifying the recommendations and rental histories of potential tenants. Worig achieves this through its proprietary app, which establishes a credit and working score system using verifiable information directly from tenants. This empowers tenants to request a loan or purchase rental guarantee insurance through the app, while providing landlords with crucial insights into the employment status, income stability, trustworthiness, and past rental evaluations of potential renters.
Worig's potential was recognized with a significant €50.00K Seed Round investment on 01 September 2019, with Fil Rouge Capital as the lead investor. This injection of funds signifies the confidence and support of a notable investor in the startup's mission and business model.
Overall, Worig's innovative solution and recent investment indicate a promising future in modernizing and streamlining the rental payment process, making it an intriguing prospect for venture capital consideration.
