Ferdinand Dabitz founded Augustus, formerly known as Ivy, in Berlin in 2022. In May 2026 Augustus received conditional approval from the OCC to become a nationally chartered bank. Two months later they closed a $180M Series B at a $1B valuation, making it one of Europe's newest unicorns.
Augustus is rebuilding bank clearing on a stablecoin- and AI-native core, betting that legacy correspondent banking can be replaced outright. As a Thiel Fellow, Ferdinand represents a new generation of founders reimagining financial infrastructure from the ground up.