“Can a VC infrastructure platform become the financial operating system for global SPV and fund formation by embedding multi-currency banking and payment rails directly into the fund administration workflow?”
Vauban is a VC infrastructure platform (acquired by Carta) that enables fund managers and syndicates to create Special Purpose Vehicles (SPVs) and funds rapidly. The company partnered with Currencycloud to add global multi-currency capabilities, allowing SPVs to set up bank accounts instantly and run capital call payment processing — shifting from a purely administrative platform toward an embedded finance-enabled global VC platform.