Our predictions were correct. Only a few weeks after 9flats and Airbnb announced their host protection plans, we have just learned that Wimdu will also introduce a policy to protect property hosts soon.
The young company told the travel blog Tnooz today (Update – January 2023: The article seems to be out of use, and we therefore deactivated the original link) that it’s currently talking to insurance companies to devise a “global solution” for all its markets. Michael Riegel of Wimdu UK stated that the startup has a number of checks and measures in place to help protect property owners in the meantime.
Like its European competitor 9flats, Wimdu is a clone of Airbnb, which is a trusted community marketplace for people to list, discover and book unique spaces around the world. Wimdu manages the booking and payment processes, and charges a commission.
The startup Wimdu is headquartered in Berlin and was founded earlier this year by Rocket Internet, a startup incubator by the Samwer brothers. About two months ago, Wimdu raised $90 million from Rocket and Kinnevik.
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