augustus

Augustus raises $180M in a Series B funding round

#Augustus secures $180M in a Series B funding round at a $1B valuation. This round was led by Tiger Global, with participation from QED Investors, Hummingbird Ventures, CMT Digital, Variant, Brevan Howard Digital, and angel investors. Augustus will use the funding to advance its mission of dollarizing the world by providing financial institutions with direct, programmable access to dollar accounts and payment rails.

Augustus is an OCC-licensed clearing bank that lets developers open accounts, hold balances, process deposits and payouts, and convert between fiat and stablecoins through a single API.

👉 x.com/augustus_bank/status/2079572107957096762

$AUG RAISES $180M TO BUILD THE GLOBAL DOLLAR BANK 🌐

Not financial advice. Always manage your risk.

Augustus just closed a $180M Series B at a $1B valuation led by Tiger Global, with backing from founders of Nubank, Ramp, Circle, and Deel. The mission: give fintechs and banks direct programmable dollar access through a federally chartered bank — no middlemen.

This is relevant because they already process billions for Kraken and plan to integrate stablecoins as a clearing rail. With China pushing Digital Yuan and BRICS discussing alternative systems, Augustus is building western infrastructure to keep dollar dominance alive.

Do you see traditional banking and crypto merging faster than most expect?

Not financial advice. Always manage your risk.

#Augustus #Stablecoins #Fintech #Banking #CryptoAdoption

🔥

MAJOR RECENT CRYPTO FUNDRAISING EVENTS

#Kalshi #Elliptic #Fasset #Augustus #JudgmentLabs #Stitch #Osero #Turnkey