Company Information

Get to know worig

Worig is a Swedish property technology (PropTech) company founded to make the rental market more accessible and efficient. The company's core service replaces the need for tenants to pay a large, upfront security deposit by offering a deposit-free renting solution. Tenants pay a small, non-refundable annual fee, and in return, Worig provides a guarantee to the landlord that covers potential damages or unpaid rent, similar to an insurance policy. This model aims to reduce the financial burden on tenants while providing security for landlords, thereby streamlining the moving process and fostering a fairer rental ecosystem.

Industry

Financial InsurancePRIMARY
Financial Other Service

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worig

Croatia

Founded in

Apr 2019 (7 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

Security Information :

BVI FSC

Security Information

Warning

This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.