Ramp passes $2bn in revenue as its Europe chief confirms the $60bn round
At its new valuation, Ramp says it is cash-flow positive and saves 85,000 businesses over $1bn a month. Its UK arm, live since September, adds more than 100 customers a month.
Via TNW | Fintech-ecommerce
“Today, Ramp raised $1.85B at a $60B valuation,” Eric Oancea, who leads Ramp in Europe, wrote on LinkedIn.
His post confirms the round that Bloomberg reported on 10 October. Ramp’s co-founders, Eric Glyman and Karim Atiyeh, marked the new valuation with a blog post on 15 October, titled “Ramp at $60B: The End of the Beginning”.
The post gives new figures. According to Ramp, 85,000 businesses use it, and it saves them more than $1bn a month. It passed $2bn…
Courtesy
This story was originally published by TNW | Fintech-ecommerce. All rights belong to the original publisher.
Read the original on thenextweb.com ↗