Augustus (formerly known as Ivy) has received OCC conditional approval to charter the first clearing bank for the AI era. 

This approval has been driven by our core thesis: the dollar is the best product in the history of the world, with practically infinite global demand - but distribution is broken. The existing clearing model runs on legacy correspondents that are closed 115 days a year, built for humans, and take two days to settle.
Augustus is the update to the AI era: an autonomous clearing bank, purpose-built around programmable money and stablecoins. Always open. Made for machines. At the speed of compute.

Augustus

Ferdinand Dabitz

This department focuses on designing, building, and maintaining software applications and systems.

Software Development

This department oversees the overall strategic direction and governance of the organization.

Executive Leadership

This department focuses on strategies and initiatives to drive business expansion and customer acquisition.

Growth

This department oversees the development and strategy of products from conception to launch.

Product Management

This department oversees the design, development, and implementation of engineering projects and solutions.

Engineering Department

This department oversees financial management and operational efficiency.

Augustus

Org chart

Teams

Software Development

Executive Leadership

Growth

Product Management

Engineering Department

Finance Operations

Offices

Augustus

Org chart

Teams

Software Development

Executive Leadership

Growth

Product Management

Engineering Department

Finance Operations

Offices

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