Augustus
Augustus
Augustus is building the Global Dollar Bank, a modern clearing bank providing international financial institutions with direct, 24/7 access to US Dollar accounts and payment rails through a federally chartered bank.
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What does Augustus do?
Augustus, formerly known as Ivy, is a financial technology company that offers direct access to dollar accounts and payment rails for financial institutions globally. They operate through a federally chartered bank, aiming to modernize dollar distribution for FinTechs and banks, particularly in emerging markets. Their API-first platform supports operating and FBO accounts with named virtual accounts, enabling transactions via Swift, ACH, SEPA, and stablecoins. (formerly ["Ivy"].)
How much funding has Augustus raised?
Augustus has raised a total of $200M in funding. The most recent round on record is Series B.
Where is Augustus headquartered?
Augustus is headquartered in New York, United States.
When was Augustus founded?
Augustus was founded in 2022.
What industry does Augustus operate in?
Augustus operates in Fintech, Banking, Payments, Blockchain, Digital Assets, Digital Payments.
How many employees does Augustus have?
Augustus has approximately 69 people on record.
What is Augustus's revenue?
StartupHub estimates Augustus's annual revenue at $27.4M (range $21.3M to $34.8M, 64% confidence), based on comparable companies in the sector.
What is Augustus's valuation?
StartupHub estimates Augustus's effective valuation at $816.6M (range $571.6M to $1.1B, 34% confidence), based on comparable companies in the sector.
