Financial Services - Los Angeles, CA, US
Xclaim is reimagining the reallocation of risk through digital efficiencies of scale, starting with the Xclaim Marketplace, an online platform for buying and selling claims against companies in bankruptcy.The Xclaim Marketplace aggregates claims data and transfer data from across all U.S. bankruptcy cases into a single, centralized, searchable marketplace where registered buyers can source, diligence, bid and transact electronically and multiply their ability to reach claim holders. Creditors can access helpful resources to better understand their options and compare offers from multiple buyers. Xclaim's technology streamlines the transacting process and handles all required court notices automatically, enabling claim claim sellers and claim buyers to negotiate and transfer claims seamlessly, securely and confidently over the platform. We are creating value for all parties in the claims trading ecosystem, bringing balance to the industry, and eradicating today's marketplace inefficiencies.
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