The short-term rental market is expected to grow exponentially and Vaycaychella is a new app designed to facilitate the purchase of short-term rental properties through its alternative finance application. The app hopes to expand the short-term rental ecosystem by connecting aspiring "short-term rental property buyers with a new breed of alternative investors."
The P2P fintech ecosystem solution includes a Visa Card solution as well as plans for a cryptocurrency component. According to the brand, "Vaycaychella's intent is for everyone to have an opportunity to invest in long-term real estate value appreciation, not just those that can afford a down payment and qualify for a mortgage."
The new Vaycaychella app will launch its beta version of the app later this month.
Image Credit: Vaycaychella
Key Themes Behind This Trend
- P2P Real Estate Investing
- Opportunity to disrupt traditional real estate financing with alternative finance application connecting rental property buyers with new breed of alternative investors
- Short-term Rental Market Growth
- Opportunity to capitalize on exponential growth in short-term rental market through facilitating purchase of rental properties
- Alternative Payment Solutions
- Opportunity to disrupt conventional financing methods with proposed Visa Card solution and plans for a cryptocurrency component
Where This Applies
- Fintech
- Opportunity to provide alternative financing solutions for real estate market through technology and innovation
- Real Estate
- Opportunity to tap into the growing short-term rental market by using alternative financing options to attract a broader range of buyers
- Cryptocurrency
- Opportunity to create a new payment option for investment properties and facilitate real estate transactions with blockchain technology
