Ramp
Welcome to TechCrunch Fintech! This week, we’re looking at Mercury’s latest expansions, wallet-as-a-service startup Ansa’s raise and more! To get a roundup of TechCrunch’s biggest and most important fintech stories…
Welcome to TechCrunch Fintech! This week, we’re looking at Ramp’s big raise and valuation jump, Mercury’s move into personal banking, Klarna’s new credit card, global funding rounds and more! To get…
It’s been more than a minute since Tesla went public, but the EV company was inescapable on TechCrunch this week. From layoffs to pricing changes…
Spend management startup Ramp has raised another $150 million at a post-money valuation of $7.65 billion, the company confirmed to TechCrunch today. New investor Khosla Ventures and existing backer Founders…
Fintech exploded over the last five years. Startups in the category raised more than $350 billion in VC funding from 2019 through 2023, according to…
Spend management startup Ramp has acquired AI-powered startup Venue as it expands its procurement offering. Venue was founded in 2022 by TK Kong, Young Kim, and Kevin Chan, and its…
Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. If you want to receive The Interchange directly in your inbox every…
Featured Article
Ramp taps AI as fintech hunts for growth
Ramp and Brex have been vocal about how they believe AI will transform the way they operate and serve their customers.
This is our Friday show, and we’re talking about the week’s biggest startup and tech news.
Fintech startup Ramp has raised $300 million in a funding round co-led by existing backer Thrive Capital and new investor Sands Capital at a post-money valuation of $5.8 billion. The…
Featured Article
Ramp expands into procurement, lands Shopify as a customer
Ramp continues to ramp up its business. The fintech startup announced today that it is entering the procurement space as it focuses more on “complex” enterprises and that it has landed a new customer in Canadian e-commerce giant Shopify. Over time, Ramp has continued to add on to its offerings…
Want more fintech news in your inbox? Sign up here. Finance automation company Ramp has acquired Cohere.io, a startup that built an AI-powered customer support tool, the companies told TechCrunch…
2022 was a tumultuous year for many fintech startups. But for Ramp, it was a year of opportunity. The company shared today that it saw its revenue grow by 4x…
Startups serving startups feels a bit riskier in a post-FTX cryptocurrency era. Here’s how Ramp, Brex and Rain are thinking.
Featured Article
Investor’s advice during a downturn: Don’t panic
At TechCrunch Disrupt 2022, Ramp CEO Eric Glyman, Airbase CEO Thejo Kote and Anthemis partner Ruth Foxe Blader discussed how to compete in a tough fundraising environment.
In the startup world, adding lines of business is always a risk. A company can spread itself too thin and end up not doing a great job at much of…
ModernLoop aims to automate the process of scheduling job candidate interviews
With the economic turbulence, recruiting is slowing down. Layoffs.fyi, a crowdsourced tech startup layoffs tracker, shows that 60 companies executed layoffs within the past month or so, with over 16,000…
Anthemis, Airbase and Ramp will talk about balancing runway and growth in competitive sectors at Disrupt
How long is your startup’s runway? It’s an important question and an essential metric for every early-stage founder to know. But for startups wading into hot sectors with big markets…
Not every company is struggling in this downturn. Despite a cooling market, corporate spend management startup Ramp reports that it has more than doubled its revenue run rate since the…
Featured Article
Selling to startups is not the same as selling to SMBs
Brex’s recent decision to exit part of the SMB market was big news. In this context, we want to talk about just what an SMB is and how not all small accounts are the same.
Featured Article
Brex leaving adrift some SMB customers roils corporate spend market
Given how competitive the corporate spend world has proved, Brex has kicked off an interesting strategic conversation in the well-funded fintech startup niche. Let’s talk about it.
Featured Article
Tactic wants to reinvent accounting software for the web3 age
Tactic, a startup that helps businesses manage — and simplify — cryptocurrency finances, is emerging from stealth today with $2.6 million in seed funding. Founders Fund and finance automation startup Ramp co-led the raise for Tactic, an eight-person outfit based in New York City. Elad Gil and Figma co-founder Dylan…
Companies are scrambling to participate in the crypto ecosystem, but many of the tools available for them to use are disjointed and not user-friendly, especially for those new to web3.…
At least four startups at Y Combinator’s W22 batch – from three different regions – referred to themselves as the “Brex for” their particular geography.
Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. It was a…
Corporate management startup Ramp confirmed that it has secured $550 million in debt and $200 million in equity in a new financing that doubles its valuation to $8.1 billion. In…
Featured Podcast
Fintech TAM explained by dating apps
Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Wednesday show, where we niche down to a single topic, think about a question and unpack the rest. This week, Natasha and Alex brought on Mary Ann for a special fintech episode, perhaps…
Corporate spending has marked a huge opportunity in the world of fintech. Multiple players have emerged with various solutions — from software to corporate cards — to help businesses of…
Welcome to my new weekly fintech focused column. I’ll be publishing this every Sunday, so in between posts, be sure to listen to the Equity podcast and hear Alex Wilhelm,…
Here in the U.S., the corporate spend space is getting increasingly competitive, with several startups clamoring to gain market share. But in the Middle East, the market is far less…
