FinTechFunding

Ramp: Receives $150M in Debt Financing from Goldman Sachs

  • Ramp, a NYC-based corporate card company, raised $150m in debt financing from Goldman Sachs Bank USA
  • The company intends to use the funds to accelerate growth nationwide
  • The news follows the appointment of Srinath Srinivasan as Head of Risk at Ramp last month
  • Ramp provides a corporate card focused on helping businesses spend less money and automate their finances
  • Today the company works with a wide array of industries spanning healthcare, construction, nonprofit, retail, agriculture, and legal services
  • Last month, the company launched an advanced expense management platform that allows companies to automate policies and approvals with machine learning
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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