AxiaFunder to switch to a ‘tax efficient’ partnership model

AxiaFunder, the UK-based crowdfunding litigation funder, is set to switch to a ‘tax efficient’ partnership model. The platform, which has been operating with an equity model of offering shares to investors in a company set up for cases, will switch to a limited partnership model in a few weeks. Founder and chief executive Cormac Leech said the partnership structure is more tax efficient, as the limited partnership company does not pay tax but rather passes all the earnings on to the investors who pay the tax. More from Peer2Peer Finance News.

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New Fundings

AxiaFunder backs shareholder dispute case

AxiaFunder is raising funding to support an unfair prejudice petition claim against a majority shareholder in relation to a high-value housebuilding company. AxiaFunder is estimating a 3.2x Multiple on Capital for investors if the case resolves favourably at 30 months.

Funder News

AxiaFunder raising expansion capital

AxiaFunder, the UK-based crowdfunding litigation funder, is looking to raise £150,000 – £300,000 of bridge and expansion equity capital to fund its business to breakeven, which is expected to occur by Q2 2022, and CEO Cormac Leech reports that the company has already raised approximately 65% of the targeted investment after one day.

Funder News

AxiaFunder launches secondary market

AxiaFunder, the UK-based crowdfunding litigation funder, has launched an automated Secondary Market operating as a Bulletin Board, offering investors secondary trading functionality. This facility will provide sellers with the potential to reduce their minimum holding periods on investments which would otherwise typically take two to three years to reach an exit. It will also help sellers to manage liquidity and risk. Buyers will be able to access cases that are already funded – enabling increased portfolio diversification.

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