The Blinx

18/12/2020

Important Announcement - February 9, 2021 Launch

30/11/2020

We are very excited to announce that The Blinx was nominated by The Startup Pill as one of the top global startups in 2020! We are actively engaging in conversations with anyone who is interested in finding out more about our company, including potential partnerships, joining our team, fundraising, etc. Please reach out and get in touch! Cheers!

This article showcases Startup Pill's top picks for the best app development startups. These startups are taking a variety of approaches to innovating inside of app development and around the world. They are all exceptional startups well worth a follow. We selected these startups for exceptional per...

27/09/2020

The Blinx is a startup company that enables users to turn their valuables into money through obtaining a loan or placing a sale through our platform. We will become Hong Kong's first secured lending mobile application provider where users can borrow money with their valuables, on-the-go, through our lending partners nearby.

We are actively recruiting for a CTO/experienced software developer with experience in building mobile applications and web-based marketplaces to join our team who will then be responsible for the entire platform development process. While we are talking with more senior technical professionals at the moment who are interested in coming on board full-time or as potential partners, we are also open to individuals with less years of experience or fresh university graduates and encourage anyone to apply if you think you can add value to our team. Please reach out if you have UI/UX, mobile apps dev, web dev experience, chatbot development or location-based integration knowledge.

Please send your cv to us for our consideration with your salary and commitment (full-time/part-time) expectations. Thanks and we look forward to hearing from you soon!

27/09/2020

We are actively hiring in Hong Kong!

Find your next great career opportunity at The Blinx Group

21/09/2020

We are actively recruiting for a Co-Founder/CTO to join our team. Please get in touch if you are interested. Thanks!

The Blinx Group is hiring a Co-Founder, Chief Technology Officer (CTO) in Hong Kong. Full-stack developer Mobile app,... Apply now on AngelList.

12/09/2020

The Blinx (鏈鏈有餘) Newsletter #3 (Final Idea and Revenue) -

又一個星期過去了，感謝您們對我的支持，歡迎來到The Blinx(鏈鏈有餘)的第三期官方電子報。請注意，每週我們都會有10個新的閱讀者加入到這個電子報中，所以對於那些剛剛加入的人來說，如果您有任何問題，請聯繫我，或者.....

11/09/2020

The Blinx Newsletter #3 (Final Concept and Revenue) -

We will establish two-pronged sales commission scale.  First, our commission rates will decline as the sales value of the product increases. Second, our commission rates will increase based on the seller reputation by looking at the incremental number of returns or transaction cancellations tied...

10/09/2020

As a part of my lending platform on The Blinx, I want to look into the potential of providing lenders with a fractional debt ownership program, where, depending on their view of the collateral and the interest rate level of the loan, lenders, whether they be individuals or professional license holders, can choose to participate and lend a portion of the overall debt. This will particularly appeal to potential investors or speculators who believe that they can make a significant profit in a default situation (where the borrower recoups nothing). It is to be pre-agreed by all lending parties that should an event of default occur, the underlying collateral will be sold and the gain from sale would be proportionally divided among the lenders depending on their loan amounts. Let me know what you think of this proposition, if you are a lender and would like to hear more about this program or if you would like to participate or just give some feedback, please leave your comments here. Thanks!

10/09/2020

In Chinese societies where pawnshops have been around for over 3000 years, there is a strong negative stigma with individuals who choose to pawn, and as a result, people consider going to pawnshops only as a last resort when they have exhausted all their “unsecured” means of borrowing, ie., credit cards, bank debt, money lenders, or P2P lending platforms. Why? Last I checked, apart from government guaranteed loans, secured lending is senior to unsecured lending. I am here to challenge this popular belief with The Blinx, and want to make secured financing a readily available, efficient, and acceptable means for everyone above the age of 18 to borrow, no matter what the reason is behind the need for money.

Making use or your personal valuables and monetizing them through loans is the most traditional form of lending, and it is a much safer bet than unsecured lending.

For borrowers, the lenders will not come after you if you don’t meet payments, no one will spray paint signs on your door or call you incessantly with stern warnings to pay. If you default, your collateral will be sold and the money will go to the lenders. Sure, you risk losing something with sentimental value, but your health and credit ratings remain the same.

The Blinx is envisioned as a platform to support the traditional pawnshop industry, and to provide a more conservative approach to liquidity for those looking to raise money.

Feedback and comments are appreciated! Thanks!