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Augustus Nabs $180M Series B Round

TL;DR AI

Key summary

2 min read
  1. Augustus raised a $180 million Series B at a $1 billion valuation, led by Tiger Global.

  2. Hummingbird, QED, and several fintech founders also backed the round.

  3. Founded in 2022, Augustus says it already processes billions for customers including Kraken and has now raised $210 million total.

  4. The new capital will help expand its dollar-clearing infrastructure for fintechs and banks.

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