aXpire (AXP)

aXpire (AXP) widget

ICO date: 07.01.2018 - 11.01.2018
Product Type: Platform
Technology
Industry: IT
Description:

aXpire is a blockchain technology based spend management software company. aXpire will serve to help asset and fund administrators and managers at banks, hedge funds, private equity firms and others to deal with the resource and time-costly process of allocating and apportioning outside vendor costs to each fund, or split of funds as is appropriate, based on the deal.

Features:

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 lifecycle through a highly secure SaaS model.

aXpire is deployed as a secure SaaS model, meaning they offer competitive pricing when compared to more traditional fund administration service providers, who charge on a percentage of Assets Under Management (AUM) basis rather than Per Member Per Month (PMPM).

AXP will also be used in P2P application, MatchBX, as a means to budget and pay for services.

aXpire will conduct the TGE through an offshore partner company, located in Singapore, which will be responsible for issuing, distributing, and managing aXpire AXP tokens. The purpose of using this third party offshore company to conduct the TGE is to ensure compliance and transparency. The Singapore company will be a token holding and issuance entity, with a pass through to our operating company, a Delaware, United States C-corporation.

aXpire is able to work with any API, including, but not limited to, HazelTree, Oracle, QuickBooks and SAP. Time and resource-consuming manual tasks have been removed. Automatic compliance and reporting tools have been enabled.

As part of aXpire’s current offering, the Company provides expense management solutions to asset managers through the Resolvr software solution.

aXpire will work to expand their Preferred Provider Network, right now featuring Devery among others, to offer customers access to trusted and preferred sources of high value services. This network will provide aXpire users access to a trusted product, sometimes at bonus or discount prices, through partnerships these companies have with aXpire.

Founded: United States, 2017
Website: www.axpire.io
Whitepaper: Whitepaper

Rating Review and Analytics

Investment rating
NA
Hype score
Medium 2.2 / 5.0
Risk score
NA

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