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Don’t invest unless you’re prepared to lose all the money you invest. This is a high - risk investment and you are unlikely to be protected if something goes wrong. Take 2 mins to learn more

Don’t invest unless you’re prepared to lose all the money you invest. This is a high - risk investment and you are unlikely to be protected if something goes wrong. Take 2 mins to learn more

Read our full Risk Warning

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How AxiaFunder works with lawyers

Summary of how AxiaFunder worksi with Lawyers


Indicative process stages in pursuing claimWeeksCumulative weeks
1Initial Assessment: Claim presented by lawyerii for preliminary assessment and indicative pricing quote.11
2Full due diligence: AxiaFunder requests exclusivity for up to 2 weeks and performs full due diligenceiii of the case.1-22-3
3Funding agreement execution: The SPViv and claimant agree terms, execute the funding agreement, and execute a priority agreement with the claimant’s lawyers and ATE provider. AxiaFunder then has exclusivity for typically 3-4 weeks to source the funds.13-4
4Preparation for fundraising: Financing arranged via issuance of investments from the SPV with a confidential offer document prepared by AxiaFunder.14-5
5Fundraising:

  • Launch of fundraising: An anonymised short summary of the investment opportunity is shown publicly on the AxiaFunder platform.

  • Private investors selected: Investors interested in the case, provide identity documentsv; pass a detailed questionnaire demonstrating an understanding of the risks involvedvi; are vetted by AxiaFunder; sign an NDAvii; and must self-certify no conflict with the caseviii.

  • Closing the fund raising: Under NDA, approved investors are given access to the offer document and indicate how much they would like to invest. Once the fund-raising is complete, the net funds are transferred to the case SPV, available for transfer to solicitor’s client account as needed.
1-35-8
6Case Resolution:

  • AxiaFunder’s litigation team monitors the case on an ongoing basis and processes additional drawdown requests in line with the litigation agreement.

  • Once the case is resolved, the SPV receives its success fee (in line with the priority agreement), distributes the net amount after expenses to its investors, and is wound down.
26-15631-164

 

Key features of Axia’s approach include:

 

  1. Experienced team: operated by seasoned litigators and bankers focused on building long-term relationships with lawyers through customer service and problem-solving.

  2. Convenient process: We understand that lawyers have multiple demands on their time. While we rigorously pre-vet every investment on our platform, we take a common-sense approach to our due diligence and avoid box-ticking merely for the sake of procedure. This helps to minimise the work load for the lawyers we work with.

  3. Flexible claim size: AxiaFunder will source non-recourse funding for amounts from £100,000 to £600,000.

  4. Flexible investment mandate: Unlike some funders, subject to our size constraints, we are able to source capital for a wide variety of claims both in terms of geography and case type.

  5. Initial response within 1 week: We will provide an initial assessment on your case within 5 work days. If this is favourable, we will request a period of exclusivity to complete our assessment and source the capital, with a target turnaround time of 5-8 weeks from initial enquiry to funding.

  6. Competitive pricing: AxiaFunder’s model, which minimises cash-drag, enables us to offer competitive pricing.


For further information contact: [email protected], or [email protected]; +44 203 286 5922.

 

i The approach has been reviewed and approved by senior litigation funding counsel and alternative finance regulatory experts.

ii AxiaFunder will never seek to change the lawyers on a case.

iii Including merits, enforceability, ATE cover, economics, regulatory, incentives alignment, regulatory compliance

iv SPV: Special Purpose Vehicle (limited UK company)

v The AxiaFunder website is built and maintained by ShareIn. ShareIn’s tried and tested technology is used by many other fintech businesses besides AxiaFunder.

vi One time only

vii The AxiaFunder NDA has been prepared by a corporate law partner who is a litigation funding specialist. It carefully maintains the chain of custody of information between AxiaFunder and the potential investor under common purpose.

viii The potential investor is provided, under NDA, with the names of the claimant, defendant and their advisers.

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