Flash News

Encrypted Bank Augustus completed $180 million in financing

On 21 July, Augustus was a start-up company that was building the Federal Chartered Liquidation Bank. The company indicated that $180 million had been financed to expand its dollar-paying infrastructure, while the stabilization currency was reshaping the global financial system. The current financing valuation for Augustus amounted to $1 billion. The current round of financing was sponsored by Tiger Global Management, with the participation of investors like Hummingbird Ventures, QED Investments and the founders of Nubank, Ramp, Circle and Deel。

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