Tagged: ramp

August 12, 2024 @ 7:50 am By Tony Zerucha  |  

A report from corporate card and accounts payable platform Ramp shows that companies are willing to invest in AI, especially when it addresses specific issues. While spending remained strong in Q2, some headwinds are forming. Small SMEs raised their spending by 9.4%, with large SMEs… Read More

June 28, 2024 @ 5:14 pm By Omar Faridi  |  

Ramp is completing a $150 million Series D-2 funding round, raising the company’s valuation to $7.65 billion. This investment round was co-led by Khosla Ventures and Founders Fund ‘with additional new investors Sequoia Capital, Greylock, and 8VC.’ Ramp‘s existing investors Thrive Capital, General Catalyst, Sands Capital,… Read More

January 31, 2024 @ 10:36 pm By Omar Faridi  |  

Ramp, a finance automation platform, says it has acquired the Sequoia-backed procurement startup Venue, as well as improvements to its Procurement product automation. The announcement represents a significant expansion for Ramp “beyond corporate cards as the company tackles inefficiencies across the entire financial tech stack.”… Read More

December 21, 2023 @ 9:06 am By Omar Faridi  |  

Uber for Business, Uber’s enterprise arm, announced it has integrated with leading expense management providers Brex and Ramp. The integrations will automate receipt matching “for Uber rides and meals, which rank among the most-expensed items for employees.” This will help companies “of all sizes simplify… Read More

October 27, 2023 @ 12:41 pm By Omar Faridi  |  

Ramp, a financial technology company building payment rails connecting the crypto economy to the global financial system, announced a partnership with Linea, a developer-ready zkEVM rollup for scaling Ethereum dapps. This collaboration combines Linea Network’s blockchain technology “with Ramp Network’s robust global payments infrastructure.” In… Read More

September 28, 2023 @ 8:35 am By Omar Faridi  |  

Ramp, a financial technology company building payment rails connecting crypto to the global financial system, announced a strategic partnership with MetaMask, the self-custody web3 platform. The collaboration kicks off with the integration of Ramp’s on-ramp services directly into MetaMask’s mobile application and MetaMask Portfolio. This… Read More

August 23, 2023 @ 6:42 pm By Omar Faridi  |  

Ramp, the finance automation platform designed to help businesses spend less, today announced a $300 million Series D on the back of strong revenue growth, “increasing market share among small and mid-sized businesses, and successful expansion into the enterprise segment over the past year.” Ramp… Read More

June 28, 2023 @ 5:53 pm By Omar Faridi  |  

AI technology is rapidly evolving and its applications even faster. Ramp says they are dedicated “to pushing the frontiers of AI to help businesses save time and money,” using GPT to deliver price intelligence, expense management, and more. As stated by the company’s management, they… Read More

May 20, 2023 @ 10:38 am By Omar Faridi  |  

Ramp, the finance automation platform helping 15,000+ businesses find time and money savings across transactions, bill payments, and accounting, announced Ramp Intelligence: a suite of tools in financial services, driven by AI, designed to solve customer problems. The launch “represents the most significant evolution of… Read More

March 3, 2023 @ 1:00 am By JD Alois  |  

Ramp, a financial forecasting platform for CFOs and management teams, has raised $5 million in Seed funding. The funding round was round led by AlbionVC and Eurazeo. Other investors include Triple Point Ventures and angel investors, including Barnaby Hussey-Yeo, CEO at Cleo, and Stephane Kurgan,… Read More

January 20, 2023 @ 4:34 pm By Omar Faridi  |  

Grasshopper, the client-first digital bank built for the business and innovation economy, and Ramp, the first finance automation platform and corporate card designed to help businesses spend less, announce a partnership “to provide Grasshopper’s clients with access to Ramp’s platform, including its virtual and physical… Read More

November 12, 2022 @ 9:25 am By Omar Faridi  |  

The latest funding round closed by Fintech Ramp brings the total raised by the firm to $122.7m over the past 12 months alone, “despite the current crypto bear market.” Ramp says it is pleased to announce that they’ve just secured $70M via their series B… Read More

October 29, 2022 @ 12:23 pm By Omar Faridi  |  

Ramp, the finance automation platform and corporate card designed to help businesses spend less, announced international capabilities “for bill payments, short-term bill financing, and employee reimbursement products.” Businesses on Ramp can now “consolidate their international and domestic spend, pay international vendors, and reimburse international employees… Read More

September 12, 2022 @ 11:56 pm By Omar Faridi  |  

Fintech Ramp, the spend management and corporate card provider, has launched a lending partner network “to help customers find better long-term financing options.” As mentioned in an update shared with CI, partners “include Stifel, Capchase, Live Oak Bank, SmartBiz Loans, Lighter Capital and Founderpath.” This… Read More

August 25, 2022 @ 3:55 pm By Omar Faridi  |  

Ramp, the first finance automation platform and corporate card designed to help businesses spend less, announced an expansion of its platform that “enables businesses to finance all of their bills in one place.” Bill Pay, its accounts payable automation product, will now “offer businesses the… Read More

June 23, 2022 @ 6:25 pm By Omar Faridi  |  

Ramp, the payments company making crypto accessible to everyone, recently announced its integration with the GameStop Wallet. The Ramp integration “allows GameStop Wallet users to purchase Ethereum quickly and without needing to leave the Company’s self-custodial Ethereum wallets.” Ramp enables enterprises “to deploy fiat to… Read More

June 9, 2022 @ 8:00 am By Omar Faridi  |  

Ramp, the payments company making crypto accessible to everyone, has reportedly added Apple Pay as a payment option for its US clients in 36 states. As mentioned in the update shared with CI, the mobile payment option, “already available to consumers on Ramp in the… Read More

March 21, 2022 @ 8:58 am By JD Alois  |  

Ramp has raised $750 million in new capital according to a corporate release. Ramp said its valuation now stands at $8.1 billion. The new money includes $200 million in equity capital and $500 million in debt financing. Ramp has now raised over $1 billion in financing since… Read More

February 25, 2022 @ 12:13 pm By Omar Faridi  |  

Fintech firm Ramp, which offers a finance automation platform and claims to have one of the fastest-growing corporate cards on the market,  has introduced Ramp for Travel, a new AI-assisted travel solution that enables workers to “book anywhere and gives finance teams an unprecedented level… Read More

February 4, 2022 @ 6:34 am By Omar Faridi  |  

VC firm Founders Fund has reportedly led an investment in Ramp, a corporate credit card and spending management software firm that launched a few years back. The company is now valued at $8 billion (including the investment). This, according to sources familiar with the matter… Read More