Augustus raises $180 million Series B at $1 billion valuation to build the ‘Global Dollar Bank’

60-second summary

Augustus raises $180 million in a Series B funding round at a $1 billion valuation to build the 'Global Dollar Bank', expanding its financial infrastructure capabilities. The company supports stablecoins alongside traditional payment rails including Swift, ACH, and SEPA, enabling seamless transactions across borders. This move positions Augustus as a major player in the global digital payments landscape.