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moves money TNW July 22, 2026

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

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

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.

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