XCLAIM careers

Our Mission: Maximizing value and empowering stakeholders by enhancing the efficiency and transparency of illiquid markets.

Do you think Wall Street unjustly takes advantage of everyday people? So do we.

XCLAIM is the world's first and only digital marketplace for trading bankruptcy claims.

When a business files for bankruptcy, its vendors instantly become unsecured creditors and its outstanding payables are transformed into unsecured claims. Claims are not securities under U.S. law but are traded in a $400 billion market - transacted via snail-mail, cold calls, and ink-signed documents. It's so 1980's!

Creditors are often unaware of the value of their claims but are motivated to sell to generate cash and avoid dedicating resources to monitor an arcane bankruptcy process for the prospect of an uncertain recovery.

Buyers of unsecured claims are sophisticated investors with expertise in the acquisition of distressed assets.

XCLAIM is creating a liquid and efficient market by introducing greater transparency, faster settlement, and a fairer exchange of risk.