Efficient risk management with Qwist
Financial data as the key to better decisions in the PropTech sector
PropTech companies are facing a variety of challenges today. This situation can be attributed to several factors: One major reason is the reduced willingness to invest in the PropTech sector, which has led to a noticeable decline in the number of financing rounds. In addition, rising interest rates have increased the financing costs for property projects, which is putting pressure on companies’ margins. At the same time, construction costs have risen considerably, creating additional financial pressure. By utilising financial data-based risk management, such as Risk Insights, PropTechs can better respond to challenges by making informed decisions and adjusting their financial strategies to secure their liquidity and profitability.
30 %
reduction in the fraud rate
70 %
faster onboarding
95 %
reduction in verification errors
We have the tools for real-time, data-driven, compliant risk decisions:
Our nrich Financial Data Suite includes solutions based on access to raw and categorised financial data to effectively support verifications, risk assessments, data enrichment for numerous commercial use cases
Qwist’s products offer the following advantages for PropTechs:
Reduced risk
Make better and faster data-driven decisions by securely retrieving data from end-users’ real bank accounts.Improve the user experience through real-time flexibility
Your data is updated in real time so you can respond quickly to evolving trends and customer preferences.
Protection against fraud
Protect organisations from fraud by using secure, real-time financial data directly from end-users’ bank accounts.
Targeted classification
Our engine uses advanced algorithms to systematically categorise financial transactions according to their purpose.
Data-driven decision making
Aggregated and categorised transaction data can be analysed to identify market trends, consumer behaviour patterns and new opportunities.
Key risk indicators
We provide affordability checks, gambling, credit, overdraft and collections data – all in real time.
Increase conversions
Higher acceptance rates & reduced risk of default with Risk Insights to rationalise financial assessments and make more accurate decisions.
360° multi-account view
Comprehensive risk insights by analysing one or all selected accounts for a holistic view of the end user’s financial situation.
Our solutions in practice
Get an impression of how our solutions prove themselves in day-to-day business:
