Debitos partners with SmithNovak to further consolidate its role in the digitalization of transactions in the European NPL market
Frankfurt, 14th of October 2021:
Debitos is delighted to announce the formation of a partnership with SmithNovak, Europe’s leading organizer of events for the Non-Performing Loans market.
Debitos and SmithNovak will leverage each other’s extensive industry connections and close relationships with leading Originators, Investors, Servicers, Regulators and Advisors and share business intelligence to identify the latest market trends and opportunities.
Timur Peters, CEO of Debitos commented: “SmithNovak’s events are highly respected in the industry and over the years, have been an excellent source of new business for us. In terms of international reach and access to high-value industry connections and the latest market information, it was a very logical step for us to partner with SmithNovak“.
Jarrod White, CEO of SmithNovak further commented: “It’s clear the pandemic has accelerated the digitalization of the portfolio transactions market and we see Debitos very much at the forefront of this new trend. Partnering with the leading European NPL transactions platform presents a number of new and exciting business opportunities for us.”
Debitos is the leading European NPL transactions platform, established in Frankfurt in 2010 by Timur Peters, its current CEO. Debitos has transacted over 645,000 loans in more than 16 countries with more than 1,400 registered investors.
Founded in 2005 by their CEO, Jarrod White, SmithNovak runs flagship European and Global events in London as well as regional events in Madrid, Athens, Milan and Vienna. SmithNovak has completed more than 60 NPL-related events over the last 10 years attracting more than 16,000 delegates from 80+ countries around the globe.