By Michael Lent, AxiaFunder Case Originator and Assessor
Posted on 23 Aug 2018. Updated 01 April 2020
To date, 9 litigation cases have been fully funded via our platform, of which two have been successfully resolved, generating a 43% and 94% return to investors in 8 months and 15 months, respectively, while the other 7 cases are still ongoing. Total amount of capital raised to date is £1,090,440 with an average IRR on the resolved cases equivalent to 69.8%. There are no losses to date.
In this podcast, Jean Galea and Joseph Galea meet Cormac Leech from AxiaFunder to discuss how investors can potentially make money from litigation cases.
This article is part of the Explore P2P Profile and the views expressed (excluding those contained in the interview segment) are those of the author (not affiliated with AxiaFunder).
AxiaFunder is the most interesting new crowdfunding site we have seen in the last year --- Explore P2P
“The first litigation crowdfunding platform in Europe. A very interesting platform which brings a new asset class… and might be a solution to take into account for those of you interested in finding potentially profitable investments with literally 0 correlation to the stock markets.” --- todocrowdlending
Originally published on todocrowdlending.com by Jesus Arias on 02 June 2020
AxiaFunder returns 94% to investors through second commercial litigation case win This article is from Yahoo Finance and the views expressed are those of the author (not affiliated with AxiaFunder).
Yahoo finance reported on AxiaFunder’s second case has resolved successfully, returning 93.75% to investors in only 15 months. It also reported that the most recent investment opportunity offered on AxiaFunder’s platform reached its funding goal in less than 24 hours from launch.
Originally published on Yahoo Finance on 24 April 2020 https://finance.yahoo.com/news/axiafunder-returns-94-investors-second-090000581.html.
The idea being that this should significantly increase the likelihood of a positive return given there should (at least in theory) be only a remote chance that all these smaller bets yield negative outcomes simultaneously.
However, the danger is when investors are sold what they are told is a diversified, low risk, investment but the individual sub-investments are either correlated to each other or to one or more common factors.
- Litigation finance: the changing face of the commercial litigation landscape.
- COVID-19 pandemic: how the pandemic can be an opportunity for growth.
- Supporting legal practitioners: litigation funding & cash flow management.
By Rabin Tambyraja, Professional Investor and AxiaFunder shareholder
Posted on 21 May 2018
AxiaFunder, a new platform for crowdfunding litigation based in the UK, was launched earlier this January. The first case offered from AxiaFunder has already been fully funded. It was a dispute concerning professional negligence that was looking to raise £12,720. Investors can expect a return of 60% per annum if the case is successfully resolved. Across all cases AxiaFunder predicts a return that will be on average within the 20-30% range. This is still a very high return when compared even to other alternative finance investments.
Read the full article by Kathryn Gaw, originally published on 19th January 2019 at: http://www.p2pfinancenews.co.uk/2019/01/17/new-p2p-platform-launches-to-fund-litigation-cases/
Posted on 18 Jan. 2019
The growing popularity of litigation finance has been fuelled by billions of dollars from hedge funds, private equity and other institutional investors. Now a crowdfunding platform due to launch in the UK early next month is hoping to spread the word — and the high returns — to private investors. In recent years, money has been pouring into litigation finance businesses, which provide upfront funding for claimants who cannot afford to fight legal disputes in return for a share of any settlement or damages.
Originally published in Financial Times by Barney Thompson, legal correspondent on 23rd August 2018
Posted on 23 Aug. 2018
Here is the new episode of the top rated London Fintech Podcast. The in-depth podcast is between Mike Baliman the podcast founder/host and AxiaFunder Co-founder Cormac Leech.
As introduced by London Fintech Podcast:
Creativity springs eternal. Here is yet another new topic, one that no one could have imagined even a couple of decades ago. Litigation crowdfunding gives litigants a new source of funding and investors a totally new investable asset with non-correlated returns. Cormac Leech CEO and co-founder of AxiaFunder walks us through this complex landscape.
To listen to the podcast, please go to: https://londonfintechpodcast.com/lfp121-litigation-crowdfunding-w-cormac-leech-ceo-axiafunder/
Posted on 4 Feb. 2019
Written by Alex Heshmaty, a legal copywriter and journalist, sponsored by AxiaFunder
Posted on 4 Feb. 2019
When Cormac Leech, chief executive of new crowd funding litigation platform Axiafunder, is questioned about the potential 20-30 per cent returns offered to investors on its website, he doubles down.
Written by James Booth, CityAM reporter covering the legal and insurance sectors, published by CityAM on 11 Feb, 2019
Posted on 13 Feb. 2019
Innovative Finance Individual Savings Accounts (IFISAs) allow investors to be innovative in the ways they invest. There are many different areas which one can invest in using IFISAs to get tax-free returns. Carol Lewis reports on the various options including investing into AxiaFunder’s IFISAs eligible offers which are allowing investors to invest in legal cases. The range of options for investments which are eligible to be put into an IFISAs are very diverse. IFISA investments can earn tax free interest for the investors and allow small businesses and individuals to access loans.
Continue to read at: https://www.thetimes.co.uk/article/fancy-something-different-for-your-isa-try-a-little-innovation-r3b0ms6c5
Originally published in Financial Times written by Carol Lewis, on 2nd March 2019
Posted on 6th March 2019
“The idea of litigation finance is simple, legal cases cost money and sometimes a claimant is unable to afford to fight a case; so in exchange for money up front, they share the return of any settlement winnings paid out in the future. Burford Capital does this very successfully – but Cormac is trying to allow retail investors to fund smaller cases."
Continue to read at: https://brucepackard.com/how-to-suffer-loss/
Originally posted on Bruce Packard’s blog on 12 Oct., 2018
Posted on 6th March, 2019
Posted on 30th Aug. 2019
- UPDATED. What are the risks facing an investor in litigation funding?
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- Profile Review by Explore P2P
- Todocrowdlending.com - Interview with Cormac Leech AxiaFunder CEO 2020
- AxiaFunder returns 94% to investors through second commercial litigation case win
- The only free lunch in finance?
- Opportunity Knocks for Litigation Finance
- Case assessment: legal merits
- Litigation funding & rule of law