Augustus raises $180 M Series B, valued at $1 B

The financial infrastructure startup Augustus announced on Tuesday, July 21, 2026, that it has raised $180 million in a Series B funding round, achieving a $1 billion valuation. The investment was led by Tiger Global, with participation from Hummingbird Ventures, QED Investors, and founders or executives from several prominent fintech firms, including Nubank, Ramp, Circle, and Deel. The funding brings the company’s total capital raised to approximately $210 million.

Augustus, founded in 2022, operates a business-to-business clearing bank designed to provide international banks and fintechs with direct access to the U.S. banking system. Its API-based platform, powered by its proprietary core banking system called Marble, supports operating accounts, FBO accounts, and named virtual accounts. It facilitates transactions across traditional payment rails like SWIFT, ACH, and SEPA, as well as stablecoin networks. The company says its technology enables faster settlement and 24/7 availability, processing billions of dollars for clients that include cryptocurrency exchange Kraken.

A significant milestone underpinning the funding is the conditional approval Augustus received from the...