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VENDOR · US

Ramp raises $1.85B at $60B valuation, expanding enterprise spend platform

Ramp, a corporate spend and accounting automation platform, closed a funding round at $60B valuation. The round signals sustained investor confidence in fintech infrastructure serving mid-market to enterprise finance teams managing procurement and reconciliation at scale.

WHY IT MATTERS

Ramp's growth validates enterprise appetite for integrated spend/accounting automation. BFSI firms partnering with or competing against Ramp may see pressure to deepen API-driven spend data access and real-time reconciliation capabilities.

Source: Bloomberg · 2026-10-09

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Ramp raises $1.85B at $60B valuation, expanding enterprise spend platform — ath — AITechHive