Augustus reaches $1B valuation in funding round led by Tiger Global

Augustus, a fintech startup that wants to rewire how dollars move between banks and fintechs globally, has closed a $180 million Series B funding round that values the company at $1 billion. Tiger Global led the round, with participation from Hummingbird, QED Investors, and notable figures from Nubank, Ramp, Circle, and Deel.

The company was founded in 2022. It just became a unicorn in roughly four years.

What Augustus actually does

Augustus is building a technology-first bank that gives international fintechs and banks direct, always-on access to USD accounts. The company’s core banking platform, called Marble, handles transactions across both traditional rails like Swift and ACH and stablecoin networks.

The platform already processes billions of dollars in transaction volume, with clients that include crypto exchange Kraken.

The OCC charter changes everything

In May 2026, Augustus received conditional approval from the Office of the Comptroller of the Currency for a national bank charter. Augustus is only the eighth firm to gain such acceptance since 2010. A federal bank charter means Augustus can operate as a nationally regulated bank rather than relying on partner banks or state-by-state licensing.

Augustus was started by banking veterans, including former OCC regulators and executives from JPMorgan and HSBC.

Follow the money

The $180 million round brings Augustus’s total equity funding to approximately $210 million, suggesting the company had raised roughly $40 million in earlier rounds. Valar Ventures, the Peter Thiel-backed venture firm, was an earlier backer.

The participation of figures from Circle, the company behind USDC, is particularly telling. If the people building the largest regulated stablecoin are personally investing in Augustus, it suggests they see the clearing bank as a critical piece of the stablecoin ecosystem’s next phase.

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