Blog and Press

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

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.

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. 

Originally published in Financial Times written by Carol Lewis, on 2 March 2019.

Posted on 6 March 2019.

Bruce Packard writes about the different ways in which we should consider the risk of loss. He reflects on the lessons we can learn from the very first joint stock companies of the City of London, the St Petersburg Paradox discussed by Daniel and Nicolaus Bernoulli in 1738, and what these can tell us about the risks of loss in litigation finance.  

“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."

Originally posted on Bruce Packard’s blog on 12 October 2018.

Posted on 6 March 2019. 

This article was originally posted on CityAM and the views expressed are those of the author (not affiliated with AxiaFunder). 

Emily Perryman reports for CityAM on how the UK’s first litigation crowdfunding platform, AxiaFunder is enabling private investors to invest in litigation finance, an area previously only open to hedge funds and other large institutions. 

She discusses: 

1. Axia’s record in raising funds for its first three cases
2. The potential risks and rewards of investing in litigation 
3. AxiaFunder’s selective approach in choosing which cases to offer on its platform. 

Read the full article at: https://www.cityam.com/litigation-finance-comes-of-age/

With yields at close to multi-century lows, equities valuations stretched, and Brexit dominating the headlines, attractive alternatives to cash are arguably limited. In this context, the double-digit returns offered by litigation funding, with no correlation to macro or political risk are potentially attractive to qualified investors.

Continue to read, go to https://www.altfi.com/article/5885_litigation-funding-a-profitable-portfolio-alternative-during-brexit