Ramp, the New York-based fintech platform streamlining business spending, has raised $750 million at a valuation above $40 billion, co-led by existing backers Iconiq Capital and GIC, demonstrating continued investor confidence in PAYMENTS and financial operations platforms. The company has exceeded $1 billion in annualized revenue, serves over 50,000 customers, and uses AI agents for fraud prevention, policy enforcement, and cash-flow optimization. Ramp’s growth strengthens its position as a leading private fintech and signals increased readiness for an IPO.
Fintech Ramp Eyes $40 Billion+ Valuation in New Funding Round Talks