HomeGermany-StartupsAirbnb competitor Wimdu plans policy to protect its hosts

Airbnb competitor Wimdu plans policy to protect its hosts

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.

By the way: If you’re a corporate or investor looking for exciting startups in a specific market for a potential investment or acquisition, check out our Startup Sourcing Service!

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Thomas Ohr
Thomas Ohr
Thomas Ohr is the "Editor in Chief" of EU-Startups.com and started the blog in October 2010. He is excited about Europe's future, passionate about new business ideas and lives in Barcelona (Spain).

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