July 22, 2026

A 25-year-old just raised $180M to build a US bank from scratch

person using laptop computer
Christin Hume / Unsplash

Augustus has raised $180 million at a $1 billion valuation. Tiger Global led the round, the company announced on Tuesday. Hummingbird, QED, and the founders of Nubank, Ramp, Circle and Deel joined in. The startup has now raised $210 million in total....