Notching an $8.1 billion valuation just three years after being founded is striking, even for a tech startup. While many fintech companies struggled last year, Ramp’s meteoric rise accelerated. The business-expense-software firm saw revenues quadruple as its customers looked to stay lean through inflation. Ramp’s Visa cards are tied to employer-set policies, so employees instantly know if charges are approved; reports and receipts aren’t always needed. Employers get alerts about duplicate expenses and items they may be overpaying for. “We’re trying to create things that people have wanted for a long time, but banks never built,” says CEO and co-founder Eric Glyman.
A weekly newsletter featuring conversations with the world’s top CEOs, managers, and founders. Join the Leadership Brief.
- Biden Drops Out of Presidential Race, Endorses Harris to Replace Him
- Why Biden Dropped Out
- The Chaos and Commotion of the RNC in Photos
- Why We All Have a Stake in Twisters’ Success
- 8 Eating Habits That Actually Improve Your Sleep
- Stop Feeling Bad About Sweating
- Welcome to the Noah Lyles Olympics
- Get Our Paris Olympics Newsletter in Your Inbox