Fintech investment platform Vauban has raised £1.6m to support its launch into property.
The start-up is set to launch into the sector next year to provide dealmakers and investors with a digitised and automated process for managing SPVs and funds to acquire property in the UK.
Pi Labs led the fundraising round and Kim Ventures, Westloop Ventures, Argonautic Ventures and UFP Fintech also backed the start-up.
Since launching in 2018, Vauban has on-boarded 3,000 investors and helped facilitate deals into companies including AirBnB, SpaceX and Calm.
In an interview last month with EG, Vauban co-founder and chief executive Rémy Astie said the platform can speed up the transactions process from an average of three months to around a week.
Vauban has clients across the UK, Switzerland, France, Singapore, Hong Kong, Israel and the United Arab Emirates.
Astie said: “Our goal is to provide an alternative model for capital flows, making investment an attainable and agile process. This seed round will help support our rapid growth, which has been driven by an increase in VC funds, private equity companies and HNWI looking for ways to securely contain and deploy their capital.”
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