Augustus, an AI-native crypto banking platform, raised $180M in Series B led by Tiger Global.
VC & Fundraising ·
Augustus closed a $180 million Series B funding round at a $1 billion valuation, according to reporting on the raise. The round was led by Tiger Global, as noted in corroborating coverage of the announcement.
The funding will support development of what Augustus describes as a "Global Dollar Bank." The platform integrates stablecoin infrastructure with traditional payment channels including Swift, ACH, and SEPA, enabling movement across both crypto and conventional settlement networks. This positions Augustus at the intersection of digital assets and legacy banking infrastructure rather than as a purely crypto-native system.
The specific composition of the investor syndicate beyond Tiger Global has not been disclosed in available reporting. Details on Augustus's operational status, existing user base, or timeline for launching the integrated payment and stablecoin functionality remain unclear.