What is litigation crowdfunding? How litigation crowdfunding provides the possibility of attractive return to potential investors? Watch this video.
We guide you through the process from registration to investment on the AxiaFunder platform.
Complete our simple registration process: click on Find out more - you then need to complete an Investor Readiness process and upload some Identity documents which are necessary to comply with anti-money laundering requirements.
For legal reasons AxiaFunder needs to review your profile before granting access to the case details; we’ll aim to do this within 30 minutes and you will receive an email notification once this is complete.
Review and agree to a Non-Disclosure Agreement (NDA) for the case. This is required because the information related to a case is typically sensitive for both the claimant and the defendant.
Once you and AxiaFunder have digitally agreed to the NDA, you will have access to the details of the case including many of the relevant case legal documents. You will also be provided with an offer document for your review.
You can invest in the case, either directly or via your IF ISA account, by clicking on the relevant button. If investing directly, you will be asked to fund your investment either by bank transfer or card.
Over the duration of a case there will be updates every quarter. At maturity of the investment, if a case is resolved successfully there will be a deposit of principal and interest to your AxiaFunder wallet. You can withdraw cash from your AxiaFunder wallet at any time. If the case is unsuccessful you will likely incur a significant loss of up to your entire investment. For full explanation of potential risks please refer to risk section.
Funding required for a Francovich claim against a European-based tax authority for inappropriately charging VAT in breach of EU law. Proceedings were issued in 2018 and a strike out application has recently been made by the Defendant arguing, incorrectly in our view, that the case is misconceived. There is a high threshold for this type of strikeout to succeed. Senior counsel for the Claimant expects that the strike out application will be denied and sees good prospects of Claimant-success at trial. Statistically, we expect that if the Defendant’s strike out application is denied, a pre-trial settlement is likely. Funding of £192,000 to £225,000 is required to fund the case to the end of the strike out hearing. If the Claimant wins before trial, the projected Multiple on Capital (MoC) for investors is 3.3x up to 12 months, increasing by 1.1x for each 6 months thereafter, up to a maximum of 7.8x after 30 months. The MoC if the case wins at trial is projected to be at least 5.6x. The claim value is £15m. The Claimant has a distinguished legal team. We believe the case is likely to be resolved within 18 months. The minimum raise is already fully underwritten.
£209,720 Amount raised
Date Funded: 03/06/2020
Funding required for a pre-vetted professional negligence claim against a firm of solicitors and a planning consultant in connection with an application to install several wind turbines on some land in the North of England. The solicitors failed to identify the time limitation on the case and the planning consultant made an application which didn’t meet the basic requirements to even be considered by the Planning Authorities. The majority (88%) of the solicitor’s fees are contingent on a ‘Win’. Similarly, the insurance company, who have conducted their own due diligence, get paid their premium only if the case wins. The funding requirement of £70,000 is structured as an IFISA eligible bond with a coupon of 61% per annum (accruing quarterly) and with 83% of its principal guaranteed if the case loses against all the Defendants. If the case is resolved favourably, investors get all of their principal and interest before the solicitor or the claimant receive any of the proceeds.
£70,000 Amount raised
Date Funded: 13/12/2019
IF ISA Eligible