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Ramp raises $115m in Series B-1 funding

New York based digital corporate cards and spend management platform raised $115m in Series B-1 funding led by D1 Capital Partners and Stripe.

“When you look back 30 or 40 years, you can see how different the phone or the car was, and how our lives have changed today and how travel has changed, but credit cards are the same,” Glyman added. “Cards should have more intelligence. In the future, they will be smart enough, like automatically collect receipts, as well as help you get a better deal on software automatically. There is a lot of room for innovation.”

Tags

payments, corporate cards