AxiaFunder

AxiaFunder, a UK-based litigation funding platform launched in 2016, operates under the trading name of Champerty Ltd. Incorporated in London, it is authorised and regulated by the Financial Conduct Authority (FCA). The platform connects investors with vetted commercial litigation investment opportunities across the UK.

AxiaFunder’s investment opportunities are open to certified high-net-worth individuals in the UK, self-certified sophisticated investors, and professional investors. To qualify as a self-certified sophisticated investor, individuals must meet at least one of the following requirements: membership in a business angel network, investments in unlisted companies, experience in private equity, SME finance, or as a director of a £1M+ annual turnover company.^[1]

Since its launch, AxiaFunder has raised over £17.36 million. In the past 12 months, the platform facilitated £8.80 million in investments, averaging £0.73 million monthly.^[2]

• AxiaFunder links accredited investors to vetted UK commercial litigation opportunities and is authorized by the FCA.
• AxiaFunder offers investments between £57,000 and £430,000, with terms of 9 to 18 months.
• The minimum investment is £1,000 per case, with returns paid after successful resolution.
• AxiaFunder has a 75% success rate on resolved investments, with returns between 3% and 175%.
• The platform charges upfront fees of 7% to 10% and takes a 20% cut of successful case returns.

AxiaFunder offers litigation funding, where third parties finance legal cases in exchange for a share of the proceeds if the case succeeds through settlement or trial. The platform’s funding ranges from £57,000 to £430,000, with investment durations between 9 to 18 months.^[3]

Lenders can invest a minimum of £1,000 per case. Investments are structured as bonds or equity via a Special Purpose Vehicle (SPV) for the case. Returns are calculated from 2 weeks after the investment offer closing date and paid with the capital upon the case’s successful conclusion.^[4]

Investing in litigation funding carries risks, including total loss, legal uncertainty, and potential liability for opponent costs. AxiaFunder reduces these risks through SPV investments, careful case selection, and reputable insurers.

AxiaFunder offers a secondary market for lenders to exit investments early, but does not provide an auto-invest feature to queue new investment opportunities. Returns may be subject to income tax, capital gains tax, or both, depending on the tax rate. Investors are responsible for paying any applicable taxes.

Out of 12 resolved investments, 9 were successful and 3 unsuccessful, which is a 75% success rate. There are currently 5 ongoing investments, bringing the total to 17 funded claims. Successful investments had returns between 3% and 175%, with an average internal rate of return (IRR) of 36%. The platform has not disclosed the total amount returned to investors.

AxiaFunder charges an upfront fee ranging from 7% to 10% of the investment amount, with higher fees for smaller issuances. In addition, the platform takes a 20% cut of the net return on successful cases. These fees are deducted directly from the Special Purpose Vehicle (SPV). AxiaFunder generates revenue through both these fees and its share of the performance returns on successful cases.^[5]

AxiaFunder is managed by its founders, Cormac Leech, CEO, and Rabin Tambyraja, business developer. Cormac has spent nearly a decade in alternative finance, where he played a key role in raising over $2 billion for direct lending funds as a founder of Liberum Alternative Finance, incubated several fintech startups, and served as a senior consultant to private equity firms such as VPC after working in strategy consulting at McKinsey. Rabin has two decades of experience across investment banking, project finance, equity research, and fund management, having managed portfolios worth hundreds of millions for major hedge funds, including UBS and Bluecrest Capital. Supporting them is an experienced team, including Michael Lent, who leads case origination and assessment, Sophie Xuemei Liu, the COO and former co-founder and CMO of Xanadu, an internet startup focused on Chinese outbound travel, and Diana Sweeney, the platform’s investment analyst.

AxiaFunder is a trading name of Champerty Ltd, a London-based company. It has around 200 shareholders, with the largest being COO Sophie Xuemei Liu. Cormac Leech also holds a significant stake, and both are listed as persons with significant control.^[6]

Between FY21 and FY22, the company experienced a decline in liquidity, with cash in hand decreasing from £616,542 to £405,692, and net assets falling from £620,929 to £418,663. However, by FY23, cash reserves improved to £512,874, leading to a recovery in net assets to £524,480. Despite this stabilization, profitability remained under pressure, with the company reporting a negative P/L of £1.09 million in FY21, which worsened to a loss of £1.36 million in FY22 and further declined to £1.375 million in FY23.^[7]

AxiaFunder has raised a total of £1,357,200 through successive campaigns on the Republic Europe platform (formerly Seedrs) between March 2020 and June 2022. In its most recent campaign in June 2022, the company secured £762,630 in exchange for an 11.81% equity stake. Across all campaigns, 594 investors have participated.^[8]

AxiaFunder was awarded Highly Commended for Innovative Lenders (Sub $1 billion) at the 2024 Alternative Credit Investor Awards and named Innovative Lender of the Year at the 2023 P2P Finance Awards for the second year in a row. The platform was recognized for offering direct access to litigation investments, launching the first secondary market for litigation investments, and using a tax-efficient limited partnership structure. Its litigation portfolio product, featuring independent small claims, was also noted for improved diversification and risk-reward.^{[9] [10]}

AxiaFunder worked with the law firm McDSL, which recently collapsed, causing £520,000 in losses for investors. The company is covering these losses and processing payouts. The issue arose due to the claims lacking proper legal protections. To prevent this in the future, AxiaFunder is strengthening its investment processes, including better security for investors and closer monitoring of law firms.^[11]

1. AxiaFunder: “FAQ - Which categories of investor can access AxiaFunder’s investment opportunities?”
2. P2PMarketData: “AxiaFunder Statistics”
3. AxiaFunder: “Homepage - Funded Offers”
4. AxiaFunder: “FAQ - When will I start earning a return on my investment?”
5. AxiaFunder: “FAQ - How are AxiaFunder’s fees calculated?”
6. Gov UK, Company House: “Champerty Limited - Filing history - Confirmation statement”
7. Gov UK, Company House: “Champerty Limited - Filing history - Unaudited abridged accounts”
8. Republic Europe: “AxiaFunder - About”
9. AxiaFunder: “Blog - AxiaFunder Wins Innovative Lender of The Year Award”
10. AxiaFunder: “Blog - Highly Commended Innovative Lenders Award”
11. 4th Way: “AxiaFunder To Cover £500,000 In Losses”

AxiaFunder, a UK-based litigation funding platform launched in 2016, operates under the trading name of Champerty Ltd. Incorporated in London, it is authorised and regulated by the Financial Conduct Authority (FCA). The platform connects investors with vetted commercial litigation investment opportunities across the UK.

AxiaFunder’s investment opportunities are open to certified high-net-worth individuals in the UK, self-certified sophisticated investors, and professional investors. To qualify as a self-certified sophisticated investor, individuals must meet at least one of the following requirements: membership in a business angel network, investments in unlisted companies, experience in private equity, SME finance, or as a director of a £1M+ annual turnover company.^[1]

Since its launch, AxiaFunder has raised over £17.36 million. In the past 12 months, the platform facilitated £8.80 million in investments, averaging £0.73 million monthly.^[2]

• AxiaFunder links accredited investors to vetted UK commercial litigation opportunities and is authorized by the FCA.
• AxiaFunder offers investments between £57,000 and £430,000, with terms of 9 to 18 months.
• The minimum investment is £1,000 per case, with returns paid after successful resolution.
• AxiaFunder has a 75% success rate on resolved investments, with returns between 3% and 175%.
• The platform charges upfront fees of 7% to 10% and takes a 20% cut of successful case returns.

AxiaFunder offers litigation funding, where third parties finance legal cases in exchange for a share of the proceeds if the case succeeds through settlement or trial. The platform’s funding ranges from £57,000 to £430,000, with investment durations between 9 to 18 months.^[3]

Lenders can invest a minimum of £1,000 per case. Investments are structured as bonds or equity via a Special Purpose Vehicle (SPV) for the case. Returns are calculated from 2 weeks after the investment offer closing date and paid with the capital upon the case’s successful conclusion.^[4]

Investing in litigation funding carries risks, including total loss, legal uncertainty, and potential liability for opponent costs. AxiaFunder reduces these risks through SPV investments, careful case selection, and reputable insurers.

AxiaFunder offers a secondary market for lenders to exit investments early, but does not provide an auto-invest feature to queue new investment opportunities. Returns may be subject to income tax, capital gains tax, or both, depending on the tax rate. Investors are responsible for paying any applicable taxes.

Out of 12 resolved investments, 9 were successful and 3 unsuccessful, which is a 75% success rate. There are currently 5 ongoing investments, bringing the total to 17 funded claims. Successful investments had returns between 3% and 175%, with an average internal rate of return (IRR) of 36%. The platform has not disclosed the total amount returned to investors.

AxiaFunder charges an upfront fee ranging from 7% to 10% of the investment amount, with higher fees for smaller issuances. In addition, the platform takes a 20% cut of the net return on successful cases. These fees are deducted directly from the Special Purpose Vehicle (SPV). AxiaFunder generates revenue through both these fees and its share of the performance returns on successful cases.^[5]

AxiaFunder is managed by its founders, Cormac Leech, CEO, and Rabin Tambyraja, business developer. Cormac has spent nearly a decade in alternative finance, where he played a key role in raising over $2 billion for direct lending funds as a founder of Liberum Alternative Finance, incubated several fintech startups, and served as a senior consultant to private equity firms such as VPC after working in strategy consulting at McKinsey. Rabin has two decades of experience across investment banking, project finance, equity research, and fund management, having managed portfolios worth hundreds of millions for major hedge funds, including UBS and Bluecrest Capital. Supporting them is an experienced team, including Michael Lent, who leads case origination and assessment, Sophie Xuemei Liu, the COO and former co-founder and CMO of Xanadu, an internet startup focused on Chinese outbound travel, and Diana Sweeney, the platform’s investment analyst.

AxiaFunder is a trading name of Champerty Ltd, a London-based company. It has around 200 shareholders, with the largest being COO Sophie Xuemei Liu. Cormac Leech also holds a significant stake, and both are listed as persons with significant control.^[6]

Between FY21 and FY22, the company experienced a decline in liquidity, with cash in hand decreasing from £616,542 to £405,692, and net assets falling from £620,929 to £418,663. However, by FY23, cash reserves improved to £512,874, leading to a recovery in net assets to £524,480. Despite this stabilization, profitability remained under pressure, with the company reporting a negative P/L of £1.09 million in FY21, which worsened to a loss of £1.36 million in FY22 and further declined to £1.375 million in FY23.^[7]

AxiaFunder has raised a total of £1,357,200 through successive campaigns on the Republic Europe platform (formerly Seedrs) between March 2020 and June 2022. In its most recent campaign in June 2022, the company secured £762,630 in exchange for an 11.81% equity stake. Across all campaigns, 594 investors have participated.^[8]

AxiaFunder was awarded Highly Commended for Innovative Lenders (Sub $1 billion) at the 2024 Alternative Credit Investor Awards and named Innovative Lender of the Year at the 2023 P2P Finance Awards for the second year in a row. The platform was recognized for offering direct access to litigation investments, launching the first secondary market for litigation investments, and using a tax-efficient limited partnership structure. Its litigation portfolio product, featuring independent small claims, was also noted for improved diversification and risk-reward.^{[9] [10]}

AxiaFunder worked with the law firm McDSL, which recently collapsed, causing £520,000 in losses for investors. The company is covering these losses and processing payouts. The issue arose due to the claims lacking proper legal protections. To prevent this in the future, AxiaFunder is strengthening its investment processes, including better security for investors and closer monitoring of law firms.^[11]

1. AxiaFunder: “FAQ - Which categories of investor can access AxiaFunder’s investment opportunities?”
2. P2PMarketData: “AxiaFunder Statistics”
3. AxiaFunder: “Homepage - Funded Offers”
4. AxiaFunder: “FAQ - When will I start earning a return on my investment?”
5. AxiaFunder: “FAQ - How are AxiaFunder’s fees calculated?”
6. Gov UK, Company House: “Champerty Limited - Filing history - Confirmation statement”
7. Gov UK, Company House: “Champerty Limited - Filing history - Unaudited abridged accounts”
8. Republic Europe: “AxiaFunder - About”
9. AxiaFunder: “Blog - AxiaFunder Wins Innovative Lender of The Year Award”
10. AxiaFunder: “Blog - Highly Commended Innovative Lenders Award”
11. 4th Way: “AxiaFunder To Cover £500,000 In Losses”

AxiaFunder, a UK-based litigation funding platform launched in 2016, operates under the trading name of Champerty Ltd. Incorporated in London, it is authorised and regulated by the Financial Conduct Authority (FCA). The platform connects investors with vetted commercial litigation investment opportunities across the UK.

AxiaFunder’s investment opportunities are open to certified high-net-worth individuals in the UK, self-certified sophisticated investors, and professional investors. To qualify as a self-certified sophisticated investor, individuals must meet at least one of the following requirements: membership in a business angel network, investments in unlisted companies, experience in private equity, SME finance, or as a director of a £1M+ annual turnover company.^[1]

Since its launch, AxiaFunder has raised over £17.36 million. In the past 12 months, the platform facilitated £8.80 million in investments, averaging £0.73 million monthly.^[2]

• AxiaFunder links accredited investors to vetted UK commercial litigation opportunities and is authorized by the FCA.
• AxiaFunder offers investments between £57,000 and £430,000, with terms of 9 to 18 months.
• The minimum investment is £1,000 per case, with returns paid after successful resolution.
• AxiaFunder has a 75% success rate on resolved investments, with returns between 3% and 175%.
• The platform charges upfront fees of 7% to 10% and takes a 20% cut of successful case returns.

AxiaFunder offers litigation funding, where third parties finance legal cases in exchange for a share of the proceeds if the case succeeds through settlement or trial. The platform’s funding ranges from £57,000 to £430,000, with investment durations between 9 to 18 months.^[3]

Lenders can invest a minimum of £1,000 per case. Investments are structured as bonds or equity via a Special Purpose Vehicle (SPV) for the case. Returns are calculated from 2 weeks after the investment offer closing date and paid with the capital upon the case’s successful conclusion.^[4]

Investing in litigation funding carries risks, including total loss, legal uncertainty, and potential liability for opponent costs. AxiaFunder reduces these risks through SPV investments, careful case selection, and reputable insurers.

AxiaFunder offers a secondary market for lenders to exit investments early, but does not provide an auto-invest feature to queue new investment opportunities. Returns may be subject to income tax, capital gains tax, or both, depending on the tax rate. Investors are responsible for paying any applicable taxes.

Out of 12 resolved investments, 9 were successful and 3 unsuccessful, which is a 75% success rate. There are currently 5 ongoing investments, bringing the total to 17 funded claims. Successful investments had returns between 3% and 175%, with an average internal rate of return (IRR) of 36%. The platform has not disclosed the total amount returned to investors.

AxiaFunder charges an upfront fee ranging from 7% to 10% of the investment amount, with higher fees for smaller issuances. In addition, the platform takes a 20% cut of the net return on successful cases. These fees are deducted directly from the Special Purpose Vehicle (SPV). AxiaFunder generates revenue through both these fees and its share of the performance returns on successful cases.^[5]

AxiaFunder is managed by its founders, Cormac Leech, CEO, and Rabin Tambyraja, business developer. Cormac has spent nearly a decade in alternative finance, where he played a key role in raising over $2 billion for direct lending funds as a founder of Liberum Alternative Finance, incubated several fintech startups, and served as a senior consultant to private equity firms such as VPC after working in strategy consulting at McKinsey. Rabin has two decades of experience across investment banking, project finance, equity research, and fund management, having managed portfolios worth hundreds of millions for major hedge funds, including UBS and Bluecrest Capital. Supporting them is an experienced team, including Michael Lent, who leads case origination and assessment, Sophie Xuemei Liu, the COO and former co-founder and CMO of Xanadu, an internet startup focused on Chinese outbound travel, and Diana Sweeney, the platform’s investment analyst.

AxiaFunder is a trading name of Champerty Ltd, a London-based company. It has around 200 shareholders, with the largest being COO Sophie Xuemei Liu. Cormac Leech also holds a significant stake, and both are listed as persons with significant control.^[6]

Between FY21 and FY22, the company experienced a decline in liquidity, with cash in hand decreasing from £616,542 to £405,692, and net assets falling from £620,929 to £418,663. However, by FY23, cash reserves improved to £512,874, leading to a recovery in net assets to £524,480. Despite this stabilization, profitability remained under pressure, with the company reporting a negative P/L of £1.09 million in FY21, which worsened to a loss of £1.36 million in FY22 and further declined to £1.375 million in FY23.^[7]

AxiaFunder has raised a total of £1,357,200 through successive campaigns on the Republic Europe platform (formerly Seedrs) between March 2020 and June 2022. In its most recent campaign in June 2022, the company secured £762,630 in exchange for an 11.81% equity stake. Across all campaigns, 594 investors have participated.^[8]

AxiaFunder was awarded Highly Commended for Innovative Lenders (Sub $1 billion) at the 2024 Alternative Credit Investor Awards and named Innovative Lender of the Year at the 2023 P2P Finance Awards for the second year in a row. The platform was recognized for offering direct access to litigation investments, launching the first secondary market for litigation investments, and using a tax-efficient limited partnership structure. Its litigation portfolio product, featuring independent small claims, was also noted for improved diversification and risk-reward.^{[9] [10]}

AxiaFunder worked with the law firm McDSL, which recently collapsed, causing £520,000 in losses for investors. The company is covering these losses and processing payouts. The issue arose due to the claims lacking proper legal protections. To prevent this in the future, AxiaFunder is strengthening its investment processes, including better security for investors and closer monitoring of law firms.^[11]

1. AxiaFunder: “FAQ - Which categories of investor can access AxiaFunder’s investment opportunities?”
2. P2PMarketData: “AxiaFunder Statistics”
3. AxiaFunder: “Homepage - Funded Offers”
4. AxiaFunder: “FAQ - When will I start earning a return on my investment?”
5. AxiaFunder: “FAQ - How are AxiaFunder’s fees calculated?”
6. Gov UK, Company House: “Champerty Limited - Filing history - Confirmation statement”
7. Gov UK, Company House: “Champerty Limited - Filing history - Unaudited abridged accounts”
8. Republic Europe: “AxiaFunder - About”
9. AxiaFunder: “Blog - AxiaFunder Wins Innovative Lender of The Year Award”
10. AxiaFunder: “Blog - Highly Commended Innovative Lenders Award”
11. 4th Way: “AxiaFunder To Cover £500,000 In Losses”

AxiaFunder, a UK-based litigation funding platform launched in 2016, operates under the trading name of Champerty Ltd. Incorporated in London, it is authorised and regulated by the Financial Conduct Authority (FCA). The platform connects investors with vetted commercial litigation investment opportunities across the UK.

AxiaFunder’s investment opportunities are open to certified high-net-worth individuals in the UK, self-certified sophisticated investors, and professional investors. To qualify as a self-certified sophisticated investor, individuals must meet at least one of the following requirements: membership in a business angel network, investments in unlisted companies, experience in private equity, SME finance, or as a director of a £1M+ annual turnover company.^[1]

Since its launch, AxiaFunder has raised over £17.36 million. In the past 12 months, the platform facilitated £8.80 million in investments, averaging £0.73 million monthly.^[2]

• AxiaFunder links accredited investors to vetted UK commercial litigation opportunities and is authorized by the FCA.
• AxiaFunder offers investments between £57,000 and £430,000, with terms of 9 to 18 months.
• The minimum investment is £1,000 per case, with returns paid after successful resolution.
• AxiaFunder has a 75% success rate on resolved investments, with returns between 3% and 175%.
• The platform charges upfront fees of 7% to 10% and takes a 20% cut of successful case returns.

AxiaFunder offers litigation funding, where third parties finance legal cases in exchange for a share of the proceeds if the case succeeds through settlement or trial. The platform’s funding ranges from £57,000 to £430,000, with investment durations between 9 to 18 months.^[3]

Lenders can invest a minimum of £1,000 per case. Investments are structured as bonds or equity via a Special Purpose Vehicle (SPV) for the case. Returns are calculated from 2 weeks after the investment offer closing date and paid with the capital upon the case’s successful conclusion.^[4]

Investing in litigation funding carries risks, including total loss, legal uncertainty, and potential liability for opponent costs. AxiaFunder reduces these risks through SPV investments, careful case selection, and reputable insurers.

AxiaFunder offers a secondary market for lenders to exit investments early, but does not provide an auto-invest feature to queue new investment opportunities. Returns may be subject to income tax, capital gains tax, or both, depending on the tax rate. Investors are responsible for paying any applicable taxes.

Out of 12 resolved investments, 9 were successful and 3 unsuccessful, which is a 75% success rate. There are currently 5 ongoing investments, bringing the total to 17 funded claims. Successful investments had returns between 3% and 175%, with an average internal rate of return (IRR) of 36%. The platform has not disclosed the total amount returned to investors.

AxiaFunder charges an upfront fee ranging from 7% to 10% of the investment amount, with higher fees for smaller issuances. In addition, the platform takes a 20% cut of the net return on successful cases. These fees are deducted directly from the Special Purpose Vehicle (SPV). AxiaFunder generates revenue through both these fees and its share of the performance returns on successful cases.^[5]

AxiaFunder is managed by its founders, Cormac Leech, CEO, and Rabin Tambyraja, business developer. Cormac has spent nearly a decade in alternative finance, where he played a key role in raising over $2 billion for direct lending funds as a founder of Liberum Alternative Finance, incubated several fintech startups, and served as a senior consultant to private equity firms such as VPC after working in strategy consulting at McKinsey. Rabin has two decades of experience across investment banking, project finance, equity research, and fund management, having managed portfolios worth hundreds of millions for major hedge funds, including UBS and Bluecrest Capital. Supporting them is an experienced team, including Michael Lent, who leads case origination and assessment, Sophie Xuemei Liu, the COO and former co-founder and CMO of Xanadu, an internet startup focused on Chinese outbound travel, and Diana Sweeney, the platform’s investment analyst.

AxiaFunder is a trading name of Champerty Ltd, a London-based company. It has around 200 shareholders, with the largest being COO Sophie Xuemei Liu. Cormac Leech also holds a significant stake, and both are listed as persons with significant control.^[6]

Between FY21 and FY22, the company experienced a decline in liquidity, with cash in hand decreasing from £616,542 to £405,692, and net assets falling from £620,929 to £418,663. However, by FY23, cash reserves improved to £512,874, leading to a recovery in net assets to £524,480. Despite this stabilization, profitability remained under pressure, with the company reporting a negative P/L of £1.09 million in FY21, which worsened to a loss of £1.36 million in FY22 and further declined to £1.375 million in FY23.^[7]

AxiaFunder has raised a total of £1,357,200 through successive campaigns on the Republic Europe platform (formerly Seedrs) between March 2020 and June 2022. In its most recent campaign in June 2022, the company secured £762,630 in exchange for an 11.81% equity stake. Across all campaigns, 594 investors have participated.^[8]

AxiaFunder was awarded Highly Commended for Innovative Lenders (Sub $1 billion) at the 2024 Alternative Credit Investor Awards and named Innovative Lender of the Year at the 2023 P2P Finance Awards for the second year in a row. The platform was recognized for offering direct access to litigation investments, launching the first secondary market for litigation investments, and using a tax-efficient limited partnership structure. Its litigation portfolio product, featuring independent small claims, was also noted for improved diversification and risk-reward.^{[9] [10]}

AxiaFunder worked with the law firm McDSL, which recently collapsed, causing £520,000 in losses for investors. The company is covering these losses and processing payouts. The issue arose due to the claims lacking proper legal protections. To prevent this in the future, AxiaFunder is strengthening its investment processes, including better security for investors and closer monitoring of law firms.^[11]

1. AxiaFunder: “FAQ - Which categories of investor can access AxiaFunder’s investment opportunities?”
2. P2PMarketData: “AxiaFunder Statistics”
3. AxiaFunder: “Homepage - Funded Offers”
4. AxiaFunder: “FAQ - When will I start earning a return on my investment?”
5. AxiaFunder: “FAQ - How are AxiaFunder’s fees calculated?”
6. Gov UK, Company House: “Champerty Limited - Filing history - Confirmation statement”
7. Gov UK, Company House: “Champerty Limited - Filing history - Unaudited abridged accounts”
8. Republic Europe: “AxiaFunder - About”
9. AxiaFunder: “Blog - AxiaFunder Wins Innovative Lender of The Year Award”
10. AxiaFunder: “Blog - Highly Commended Innovative Lenders Award”
11. 4th Way: “AxiaFunder To Cover £500,000 In Losses”

AxiaFunder, a UK-based litigation funding platform launched in 2016, operates under the trading name of Champerty Ltd. Incorporated in London, it is authorised and regulated by the Financial Conduct Authority (FCA). The platform connects investors with vetted commercial litigation investment opportunities across the UK.

AxiaFunder’s investment opportunities are open to certified high-net-worth individuals in the UK, self-certified sophisticated investors, and professional investors. To qualify as a self-certified sophisticated investor, individuals must meet at least one of the following requirements: membership in a business angel network, investments in unlisted companies, experience in private equity, SME finance, or as a director of a £1M+ annual turnover company.^[1]

Since its launch, AxiaFunder has raised over £17.36 million. In the past 12 months, the platform facilitated £8.80 million in investments, averaging £0.73 million monthly.^[2]

• AxiaFunder links accredited investors to vetted UK commercial litigation opportunities and is authorized by the FCA.
• AxiaFunder offers investments between £57,000 and £430,000, with terms of 9 to 18 months.
• The minimum investment is £1,000 per case, with returns paid after successful resolution.
• AxiaFunder has a 75% success rate on resolved investments, with returns between 3% and 175%.
• The platform charges upfront fees of 7% to 10% and takes a 20% cut of successful case returns.

AxiaFunder offers litigation funding, where third parties finance legal cases in exchange for a share of the proceeds if the case succeeds through settlement or trial. The platform’s funding ranges from £57,000 to £430,000, with investment durations between 9 to 18 months.^[3]

Lenders can invest a minimum of £1,000 per case. Investments are structured as bonds or equity via a Special Purpose Vehicle (SPV) for the case. Returns are calculated from 2 weeks after the investment offer closing date and paid with the capital upon the case’s successful conclusion.^[4]

Investing in litigation funding carries risks, including total loss, legal uncertainty, and potential liability for opponent costs. AxiaFunder reduces these risks through SPV investments, careful case selection, and reputable insurers.

AxiaFunder offers a secondary market for lenders to exit investments early, but does not provide an auto-invest feature to queue new investment opportunities. Returns may be subject to income tax, capital gains tax, or both, depending on the tax rate. Investors are responsible for paying any applicable taxes.

Out of 12 resolved investments, 9 were successful and 3 unsuccessful, which is a 75% success rate. There are currently 5 ongoing investments, bringing the total to 17 funded claims. Successful investments had returns between 3% and 175%, with an average internal rate of return (IRR) of 36%. The platform has not disclosed the total amount returned to investors.

AxiaFunder charges an upfront fee ranging from 7% to 10% of the investment amount, with higher fees for smaller issuances. In addition, the platform takes a 20% cut of the net return on successful cases. These fees are deducted directly from the Special Purpose Vehicle (SPV). AxiaFunder generates revenue through both these fees and its share of the performance returns on successful cases.^[5]

AxiaFunder is managed by its founders, Cormac Leech, CEO, and Rabin Tambyraja, business developer. Cormac has spent nearly a decade in alternative finance, where he played a key role in raising over $2 billion for direct lending funds as a founder of Liberum Alternative Finance, incubated several fintech startups, and served as a senior consultant to private equity firms such as VPC after working in strategy consulting at McKinsey. Rabin has two decades of experience across investment banking, project finance, equity research, and fund management, having managed portfolios worth hundreds of millions for major hedge funds, including UBS and Bluecrest Capital. Supporting them is an experienced team, including Michael Lent, who leads case origination and assessment, Sophie Xuemei Liu, the COO and former co-founder and CMO of Xanadu, an internet startup focused on Chinese outbound travel, and Diana Sweeney, the platform’s investment analyst.

AxiaFunder is a trading name of Champerty Ltd, a London-based company. It has around 200 shareholders, with the largest being COO Sophie Xuemei Liu. Cormac Leech also holds a significant stake, and both are listed as persons with significant control.^[6]

Between FY21 and FY22, the company experienced a decline in liquidity, with cash in hand decreasing from £616,542 to £405,692, and net assets falling from £620,929 to £418,663. However, by FY23, cash reserves improved to £512,874, leading to a recovery in net assets to £524,480. Despite this stabilization, profitability remained under pressure, with the company reporting a negative P/L of £1.09 million in FY21, which worsened to a loss of £1.36 million in FY22 and further declined to £1.375 million in FY23.^[7]

AxiaFunder has raised a total of £1,357,200 through successive campaigns on the Republic Europe platform (formerly Seedrs) between March 2020 and June 2022. In its most recent campaign in June 2022, the company secured £762,630 in exchange for an 11.81% equity stake. Across all campaigns, 594 investors have participated.^[8]

AxiaFunder was awarded Highly Commended for Innovative Lenders (Sub $1 billion) at the 2024 Alternative Credit Investor Awards and named Innovative Lender of the Year at the 2023 P2P Finance Awards for the second year in a row. The platform was recognized for offering direct access to litigation investments, launching the first secondary market for litigation investments, and using a tax-efficient limited partnership structure. Its litigation portfolio product, featuring independent small claims, was also noted for improved diversification and risk-reward.^{[9] [10]}

AxiaFunder worked with the law firm McDSL, which recently collapsed, causing £520,000 in losses for investors. The company is covering these losses and processing payouts. The issue arose due to the claims lacking proper legal protections. To prevent this in the future, AxiaFunder is strengthening its investment processes, including better security for investors and closer monitoring of law firms.^[11]

1. AxiaFunder: “FAQ - Which categories of investor can access AxiaFunder’s investment opportunities?”
2. P2PMarketData: “AxiaFunder Statistics”
3. AxiaFunder: “Homepage - Funded Offers”
4. AxiaFunder: “FAQ - When will I start earning a return on my investment?”
5. AxiaFunder: “FAQ - How are AxiaFunder’s fees calculated?”
6. Gov UK, Company House: “Champerty Limited - Filing history - Confirmation statement”
7. Gov UK, Company House: “Champerty Limited - Filing history - Unaudited abridged accounts”
8. Republic Europe: “AxiaFunder - About”
9. AxiaFunder: “Blog - AxiaFunder Wins Innovative Lender of The Year Award”
10. AxiaFunder: “Blog - Highly Commended Innovative Lenders Award”
11. 4th Way: “AxiaFunder To Cover £500,000 In Losses”