Dossier
Augustus
Coverage of Augustus in the Nexus archive.
- Augustus raises $180 million Series B at $1 billion valuation to build the ‘Global Dollar Bank’
Augustus raised $180 million in a Series B funding round at a $1 billion valuation to build the 'Global Dollar Bank'. The company supports stablecoins alongside traditional payment systems like Swift, ACH, and SEPA.
- Augustus gets conditional OCC approval for AI and stablecoin bank
Augustus has received conditional approval from the OCC for a US bank charter focused on AI-driven payments and stablecoin settlement infrastructure. The company is backed by Peter Thiel. This approval will allow Augustus to operate as a bank with a focus on innovative payment technologies.