August Digital
A platform designed to streamline on-chain finance operations with transparent and auditable products.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor investor investor investor investor investor investor investor investor investor investor investor | €0.0 | round | |
* | $10.0m | Series A | |
| Total Funding | 000k | ||
Related Content
August Digital, accessible via augustdigital.io, is a fintech startup specializing in automated loan lifecycle and risk management software. The company operates in the decentralized finance (DeFi) market, providing a suite of tools designed to streamline and secure lending operations for institutional clients. These clients include early-stage fintech startups, traditional and crypto-native funds, and Decentralized Autonomous Organization (DAO) treasuries.
August Digital's core offering is its real-time counterparty exposure monitoring and automated liquidation processes. This ensures that lending operations are both secure and efficient. The platform also supports cross-collateralization across various trading strategies and on-chain platforms, which means clients can use different types of assets to back their loans, thereby reducing the cost of capital and increasing capital efficiency.
The business model of August Digital revolves around providing institutional-grade reliability and performance. All borrowers undergo Know Your Customer (KYC) and Know Your Business (KYB) checks, ensuring compliance and security. The company makes money by offering its software as a service (SaaS) to institutional clients, who pay for access to its advanced risk management and lending tools.
One of the standout features of August Digital is its 24/7 client support, which is a significant value proposition for institutions that require constant reliability and performance. The platform also offers standardized reporting and proof of funds, which saves time for fund administrators and auditors.
In summary, August Digital is a cutting-edge fintech company that leverages blockchain technology to offer secure, efficient, and transparent lending solutions for institutional clients. Its focus on capital efficiency, compliance, and client support sets it apart in the DeFi space.
Keywords: automated lending, risk management, DeFi, institutional clients, cross-collateralization, capital efficiency, KYC, KYB, blockchain, 24/7 support.