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Exciting to see AI-native banks being built. Congratulations Augustus for coming out of stealth and moving first in this space!
Augustus has raised 180M$ on 1B$ to build the Global Dollar Bank. The dollar is the best product in the history of the world - with infinite global demand. But International Fintechs and non-US banks are left with two unsatisfying options to access it: Either they build on legacy clearing banks that are slow and unreliable, or they interface with middleware providers that don’t move and hold dollars directly, but themselves rely on underlying legacy banks. @augustus_bank collapses this stack by combining two things: direct dollar access and Marble, our proprietary bank core, built around intelligence and made of code. If you’re looking to build on the dollar - message me directly or check us out at http://augustus.com.
Congrats 59 @FerdiDabitz and the Augustus team 👌
Augustus has raised 180M$ on 1B$ to build the Global Dollar Bank. The dollar is the best product in the history of the world - with infinite global demand. But International Fintechs and non-US banks are left with two unsatisfying options to access it: Either they build on legacy clearing banks that are slow and unreliable, or they interface with middleware providers that don’t move and hold dollars directly, but themselves rely on underlying legacy banks. @augustus_bank collapses this stack by combining two things: direct dollar access and Marble, our proprietary bank core, built around intelligence and made of code. If you’re looking to build on the dollar - message me directly or check us out at http://augustus.com.
Ferdi is one of the best founders of the next generation honored to help u get ur O-1 @extraordinary visa 🇺🇸
Augustus has raised 180M$ on 1B$ to build the Global Dollar Bank. The dollar is the best product in the history of the world - with infinite global demand. But International Fintechs and non-US banks are left with two unsatisfying options to access it: Either they build on legacy clearing banks that are slow and unreliable, or they interface with middleware providers that don’t move and hold dollars directly, but themselves rely on underlying legacy banks. @augustus_bank collapses this stack by combining two things: direct dollar access and Marble, our proprietary bank core, built around intelligence and made of code. If you’re looking to build on the dollar - message me directly or check us out at http://augustus.com.