coaXion is an Australian fintech start-up offering ‘pay as you use it’ finance for heavy earthmoving and construction equipment.
The offering is underpinned by coaXion’s innovative proprietary technology utilizing machine-learning, artificial intelligence, and the Internet of Things (IoT).
Leveraging the Industry 4.0 revolution and global trends towards a subscription economy, coaXions pay as you use it finance provides the business owner a payments model that better aligns to their cashflow and ensures the residual value of the asset aligns to the market value of the equipment, thereby significantly reducing their risk.