aXpire

OUR VISION
Our vision is simple. Businesses waste money; we help reduce waste and improve profitability. In
more detail, we enable seamless spend management, in real time, through secure blockchain
technology and machine learning throughout the lifecycle of services exchange. Machine learning
enables our clients to make incrementally intelligent invoicing decisions through a growing reference
SQL database of approved and denied transactions. We succeed as our clients succeed through the
use of our end-to-end internal spend management and services marketplace software.
ABOUT AXPIRE
aXpire is an ERP SaaS company offering a suite of products to increase efficiency of service spend
and general profit margins. We are a real company, with real revenues. Our 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. We were founded in January 2017, and are
headquartered in Manhattan, New York, with employees in London, India, and Australia. Our objectoriented

core technology was developed at the request of our 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, our 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.
Our core team consists of the prior LSG C-suite, with over 90 years of combined experience in the
software-enabled payments space. We also have nine full-time developers with blockchain
competency, built from our partnership with R3, an enterprise software company focused on building
a proprietary blockchain-inspired platform, Corda. Our 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 our 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 lifecycle through a highly secure SaaS model. Outside of asset management, our
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. This industry-agnostic approach is phase two of our company, mainly focused
on mid- and back-office expense management improvements. We have advisor experts in all of the
aforementioned industries to enhance our go to market strategy.
Our suite of aXpire applications create seamless, digital connections across all key functional
departments and stakeholders, including:
As a SaaS solution servicing regulated customers, we have strong barriers to entry through data
gathering and security network effects. Our data gathering efforts allow machine learning at each
client to provide increasingly sophisticated solutions, eventually removing the bulk of human input. In
regards to security, as an ISO 9001:2015 & ISO 27001:2013 certified Company, security and quality
is at the core of all of our solutions. 

OUR PARTNERS
aXpire is actively involved in a number of core partnerships, including R3 and Microsoft. R3 is an
enterprise software company focused on building a proprietary blockchain-inspired platform, Corda.
aXpire has been an official partner of R3 since November 2017, and is listed alongside Accenture,
Bain & Company, Cognizant, KPMG, Hewlett Packard, Intel and Microsoft, among others. Our inhouse

development team works with R3 to implement blockchain software into our existing
applications, and has been actively trained in Corda. We also work closely with Microsoft as a partner
on their PowerBI tool, allowing us access to their latest software, and also allowing us to engage in a
fruitful two-way conversation. Other partnerships include the International RegTech Association, the
Enterprise Ethereum Alliance (EEA), Bounty0x and Devery.
KEY BENEFITS OF AXPIRE
• Removal of manual processes through machine learning
• Replace paper, PDF and spreadsheets (PPS) with digital workflows
• Ensure minimal touch points in the spend management process
• Increase operating profit by 15-25% 
• Enable electronic interdepartmental communications
• Track and manage workloads, timelines, expense aging
• Connect disparate “legacy” technologies as a “plug and play” solution
• Provide digital audit trails for regulatory compliance
• Reduce or remove data quality errors
• Enhance compliance reporting capabilities
• Provide robust data analytics dashboards
• Delivered via a highly secure SaaS model
The solution is focused on utilizing technology - including artificial intelligence - as a platform to
reduce human error, increase profit and enhance internal procedures via a “connected application”.
Artificial intelligence serves as a core part of our offering to empower users to make the right decision
when it comes to approving or denying expenses. For example, the longer our relationship with a
customer, the larger the SQL database of previously approved or denied invoices we will have
collected. Each invoice receives an aXpire Rating Score (ARS) from 0 to 100, with 100 indicating a
green light for immediate submission, 0 indicating revisions are required and anything in between
requiring user judgement. For each new expense, we can offer the internal finance departments clear
guidance as to whether new expenses fit criteria of previously approved or denied expense, saving
time and reducing error. We aim to not entirely remove the human aspect of spend management, but
to enhance it. The longer the client relationship, the greater the average ARS.
As aXpire evolves, further technological enhancements will be implemented, such as blockchain
technology, as well as value-add services that include legal, actuarial, accounting and general
administration. aXpire is deployed as a highly secure SaaS model, meaning we offer extremely
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). For example, our first client - a $24Bn hedge fund, pays the equivalent of 1-2 basis
points of AUM, if they were also ~5% of their current size. Currently, fund administrators charge
between 10 - 15 basis points.
MARKET OPPORTUNITY
aXpire currently operates in a number of markets. The enterprise software market stands at $351Bn,
and we play into the FinTech, RegTech and Enterprise Resource Planning (ERP) technology areas of
that market. The artificial intelligence market in FinTech is expected to grow from $1.3Bn in 2017 to
$7.3Bn by 2022, a CAGR of ~40.4%. The RegTech market is expected to grow from $10.6Bn in
2017 to $76.3Bn by 2022, a CAGR of ~48.0%. By far the most mature market we operate in, the
global ERP market was estimated to be worth $31.4Bn in 2016. This relatively mature market is
expected to record an estimated CAGR of ~7.0% during the forecast period, to reach $47.0Bn by the
end of 2022.

aXpire