June 20, 2022
BlinkS, a credit assignment platform developed by Prelios Innovation a fintech company of the Prelios Group, captures the needs of buyer and seller clients, simplifying the mechanism for transferring credit portfolios and creating a marketplace that enables immediate and transparent contact between the two parties. Digital marketplace having at the beginning its focus on distressed NPL loans is now expanding to other credit classes as well.
Among its advantages are ease of use, speed of transaction due to standardization of data and processes, transparency since the transfer process is done through an auction with anonymous bidding, and also lower cost.
