A 25-year-old just raised $180M to build a US bank from scratch

NewsWed, 22 Jul 2026 12:53:15 UTC20 hours ago
A 25-year-old just raised $180M to build a US bank from scratch
Tiger Global and the founders of Nubank, Ramp and Circle are backing Augustus, now valued at $1 billion, to give banks worldwide direct access to the dollar. The bank charter it depends on is not final yet. Augustus has raised $180 million at a $1 billion valuation. Tiger Global led the round, the …
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