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✉news BusinessStartups first seen 4 h ago, last 35 min ago, peak #13

Fintech startup Ramp hits $60 billion valuation

Original: Fintech startup Ramp hits $60 billion valuation after $1.85 billion funding round

Fintech startup Ramp has raised $1.85 billion in a new funding round, valuing the company at $60 billion. The corporate spending and expense management firm is one of the most valuable private fintechs, and the round underlines continued strong investor appetite for financial technology companies despite a tougher funding climate in recent years.

Why now: The scale of the funding round and valuation makes it one of the largest private fintech deals of the moment.

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