Ramp news and trends

Ramp Connects Financial Automation Platform to Ascenda’s Global Rewards Ecosystem
B2B Payments // May 28, 2024

Ramp and Ascenda have partnered to provide Ramp’s customers with more ways to redeem points earned on U.S. spend. With this collaboration, Ramp’s financial automation platform and corporate card will connect to Ascenda’s global rewards ecosystem, the companies said in a Tuesday (May 28) press...

Ramp Valued at $7.6 Billion Following Series D Round
B2B Payments // April 18, 2024

Spend management platform Ramp says it is now a $7.6 billion company. The firm on Thursday (April 18) announced it had reached that valuation as it wound down a $150 million Series D-2 funding round. “This new funding will allow us to triple down on the next wave of innovation...

Ramp Acquires Venue and Enhances Procurement Product
Acquisitions // January 30, 2024

Ramp, a finance automation platform, acquired Venue, a procurement startup backed by Sequoia Capital. The strategic move expands Ramp’s procurement capabilities and marks an expansion for the company as it aims to tackle inefficiencies across the entire financial tech stack, the company said in a...

Spend Management Got More Granular and More Important in 2023
B2B Payments // December 22, 2023

Where a business spends money tends to define its go-forward strategy. But often where enterprise spend disappears to is opaque, with some departments sending checks to their vendors, others using electronic transfers, and employee reimbursements handled on an island. Fortunately, 2023 saw the rise of...

Quick Reads
Ramp Connects Financial Automation Platform to Ascenda’s Global Rewards Ecosystem

May 28, 2024
Ramp and Ascenda have partnered to provide Ramp’s customers with more ways to redeem points earned on U.S. spend. With this collaboration, Ramp’s financial automation platform and corporate card will connect to Ascenda’s global rewards ecosystem, the companies said in a Tuesday (May 28) press release. “Customers want more ways to redeem points on every […]

Ramp Valued at $7.6 Billion Following Series D Round

April 18, 2024
Spend management platform Ramp says it is now a $7.6 billion company. The firm on Thursday (April 18) announced it had reached that valuation as it wound down a $150 million Series D-2 funding round....

Ramp Acquires Venue and Enhances Procurement Product

January 30, 2024
Ramp, a finance automation platform, acquired Venue, a procurement startup backed by Sequoia Capital. The strategic move expands Ramp’s procurement capabilities and marks an expansion for the company as it...

Uber for Business Adds Integrations With 2 Expense Management Providers 

December 19, 2023
Uber for Business has integrated with expense management providers Brex and Ramp.  With these integrations, receipt matching for Uber rides and meals will be automated, helping companies simplify expenses and save time, Uber...