Ramp is a corporate card and finance automation company that has become one of the most valuable US fintech startups. Its software issues cards, collects receipts, codes transactions, pays invoices and syncs everything to accounting systems such as NetSuite and QuickBooks. Its core message, that a corporate card should help businesses spend less, sets it apart from rewards-driven issuers like American Express. The company is headquartered in New York City, New York. Ramp was founded in 2019 in New York City by Eric Glyman, Karim Atiyeh, and Gene Lee, building a corporate card and finance automation platform designed to help businesses spend less money.
Ramp runs a card-led software model. Its corporate cards are free to use, and Ramp earns interchange, the fee merchants pay on each card transaction, while returning part of it to customers as cash back. On top of the card it sells Ramp Plus, a paid per-user software tier with advanced controls, multi-entity accounting and procurement features. Bill pay, treasury, international payments and travel add further fee and float income. The software layer (expense automation, AI receipt matching, policy agents and ERP sync) is what wins and keeps customers, and every dollar that moves through it adds payment volume.