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Ramp Ramping Up Valuation After $115M Funding Round

Fintech startup Ramp pulled in $115 million during a funding round led by Stripe and D1 Capital Partners. So reports Reuters.

RampRamp offers “corporate cards and software for managing employee expenses” and is now valued at $1.6 billion. The New York-based company competes with startups like Brex, management software mainstays like SAP Concur and Expensify as well as American Express.

Ramp is planning to use the capital for partnerships, marketing and hiring.

Read the full article from Reuters.

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