AI and stablecoin banking infrastructure company Augustus has completed a $180 million Series B funding round, reaching a $1 billion valuation. The round was led by Tiger Global, with participation from Hummingbird, QED, and the founders of Nubank, Ramp, Circle, and Deel. The funds will be used to expand into markets in Latin America, Southeast Asia, the Middle East, and Africa, as well as to develop a core banking platform offering 24/7 USD accounts and settlement services. Augustus previously received conditional approval from the U.S. OCC to establish a full-service national bank, with final operations still subject to regulatory requirements. (CoinDesk) https://(wublock123.com)/news/crypto-bank-augustus-180m-series-b-1bn-valuation-65043