August
August provides embedded banking infrastructure that enables platforms and marketplaces to offer financial services to their users without building the underlying technology. Its API-first, modular platform handles the full lifecycle of banking products, including account opening, payments, and compliance, allowing companies to deploy banking capabilities quickly and scale them as needed.
- Financial Technology
- Software Only
- Regulatory & Compliance Technology
Funding
Funding not disclosed
Founders
Founder details are not available yet.
Product
Problem
Platforms and marketplaces that want to offer banking services to their users face significant engineering and regulatory hurdles. Building the underlying infrastructure for account opening, payments, and compliance from scratch is costly, time-consuming, and requires specialized expertise that most companies lack.
Solution
August provides embedded banking infrastructure that enables platforms to offer financial services to their users. Its software handles the full lifecycle of banking products, including account opening, payments, and compliance, allowing businesses to launch banking features without building the underlying technology. The platform is designed as a modular, API-first solution that integrates directly into existing workflows, so companies can deploy banking capabilities quickly and scale them as needed. By abstracting away the complexity of banking operations, August lets its customers focus on their core product while still delivering a seamless financial experience to end users.
Target Audience
Primary customers are marketplaces, fintechs, and other platforms that want to offer banking services to their users without building the underlying infrastructure themselves.
Features
- API-first, modular architecture for flexible integration into existing platform workflows
- Full lifecycle management of banking products, including account opening, payments, and compliance
- Embedded banking capabilities that allow platforms to offer financial services natively to their users
- Infrastructure designed for marketplaces, fintechs, and other companies seeking to add banking features without building from scratch