VENDOR · GLOBAL
Clearing bank Augustus raises $180M Series B to expand dollar-access infrastructure
Augustus, a fintech clearing bank enabling dollar access for banks and fintechs globally (e.g., Kraken), secured $180M Series B. Focuses on cross-border rail scaling and regulatory licensing.
WHY IT MATTERS
Clearing infrastructure is BFSI backbone; well-funded clearing fintech reduces friction for bank-to-crypto-to-bank flows and international correspondent banking, reshaping bank treasury operations.
Source: Finextra · 2026-07-22