Ramp has achieved a valuation of $22.5 billion following a late-stage funding round where it raised $500 million, marking a significant rebound in fintech funding. The New York-based company, which specializes in corporate cards and expense management, has now accumulated a total of $1.9 billion in equity financing.
+ fintech
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Ramp is in negotiations to secure funding that could elevate its valuation to $21 billion, marking a 30% increase since its last financing round in June. The discussions highlight strong investor interest in the company's growth potential and market position.
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+ finance