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.
- Donald Trump Is TIME's 2024 Person of the Year
- Why We Chose Trump as Person of the Year
- Is Intermittent Fasting Good or Bad for You?
- The 100 Must-Read Books of 2024
- The 20 Best Christmas TV Episodes
- Column: If Optimism Feels Ridiculous Now, Try Hope
- The Future of Climate Action Is Trade Policy
- Merle Bombardieri Is Helping People Make the Baby Decision
