AXpire Ico Review

AXpire Ico Review – Empowering finance managers and administrators

About AXpire

AXpire is a blockchain Fund Tech SaaS company offering a cloud-based and AI-enabled spend management software solution called ‘Resolvr’, a P2P marketplace for tasks and jobs called ‘MatchBX’, and a white-label token sale platform called ‘CoinBX’. In addition to these products, aXpire offers blockchain startup accelleration, tailor-made software solutions, and blockchain funds.

Their largest current client is a $24 billion dollar AUM hedge fund. aXpire is a spin off from LSG, LLC, an InsurTech SaaS company that has a history of working with Fortune 500 and “household name” clients, such as Nike, Intel, IBM, Coca-Cola and the NFL. This industry-agnostic approach is phase two of AXpire company, mainly focused on mid- and back-office expense management improvements. They have advisor experts in all of the aforementioned industries to enhance go to market strategy.

AXpire Key Information

KeyPoints
Token NameAXpire
Soft cap3,000,000 USD
Hard cap20,000,000 USD
Distributed in ICO75%
Average price0.35 USD
Tokens for sale187,500,000
AcceptingETH, BTC
Token SymbolAXPR
Token TypeERC20
Raised$20,000,000
PlatformEthereum
Price in ICO0.1000 USD
WhitepaperClick Here For View Whitepaper
WebsiteClick Here For Visit ICO Homepage

The Game Change Team Behind AXpire

AXpire Ico Review - Empowering finance managers and administrators

Track time and T&E expenses

Capture and allocate time, travel and other expenses through both web- and mobile app, accessible on Android and iOS devices. Alternatively, integrate with 3rd-party accounting or expense platforms and pull T&E directly into the platform for allocation. Connect the platform to your email inbox and automate the entire workflow of receiving, processing and allocating an expense. As invoices are received over email, the platform detects the files and takes various formats such as PDF and Excel, converting it into digital data. This then allows for automatic review and allocation, with optional second-layer human review and approval of invoices.

Automate the expense allocation process

Simplify expense allocation for your fund by replacing Excel, bringing all key stakeholders into a single platform for tracking, processing and auto-allocating expenses across your funds. This can be based on AUM, NAV and configurable allocation tables imported into the platform, or manually down to the line item. Stop emails back and forth with document attachments, making it hard to track changes and risking misal location due to errors within the process. The SEC has designated expense allocation as an investigative priority, and funds that end up misal locating expenses — even if by mistake — face massive fines.

Management of Payment Processing Workflows

AXpire is a cloud-based, and AI-enabled blockchain payment processing company. They are a real company, with real revenues. AXpire business is a spinoff from LSG, LLC, an insurtech SaaS company that has a history of working with Fortune 500 and “household name” clients, such as Nike, Coca Cola and the NFL. They were founded in January 2017, and are headquartered in Manhattan, New York, with employees in London, India, and Australia.

AXpire object-oriented core technology was developed at the request of first client – one of the largest hedge funds in the world ($24Bn+ AUM)  – to enable the real-time visualization and management of payment processing workflows across legal, fund accounting, administration, finance and compliance departments. Given the proactive demand of clients, this core team focuses the majority of its time on developing aXpire’s core applications, and sharing the Company’s capabilities with prospective customers through live and web-enabled demonstrations.

The Company Technologies

AXpire core team consists of the prior LSG C-suite, with over 90 years of combined experience in the software enabled payments space. This technologies also have nine full-time developers with blockchain competency, built from partnership with R3, an enterprise software company focused on building a proprietary blockchain inspired platform, Corda. This Company will initially serve asset managers and fund administrators at banks, hedge funds, private equity firms and other financial institutions to deal with the resource- and time-costly process of managing and distributing expenses to each fund, or split of funds, as appropriate.

Building out and providing this spend management service for asset managers is phase one of company. Going forward, AXpire will expand its spend management technologies across industries outside of asset management, e.g. natural resources, travel & leisure, healthcare, food & beverage, transportation etc., removing human-manual processes in the expense management life cycle through a highly secure SaaS model. Outside of asset management, technologies will allocate expenses across different internal departments, or “cost centers” (e.g. finance, legal, accounting etc.) in a similar fashion to expense apportionment across different funds within asset managers.