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Fintech Ramp secures $22.5bln valuation in late-stage funding round

Fintech Ramp secures $22.5bln valuation in late-stage funding round

Zawya30-07-2025
Fintech Ramp said on Wednesday it had raised $500 million at a valuation of $22.5 billion in a late-stage funding round led by investment firm ICONIQ.
Ramp offers corporate cards, payment services and expense management applications.
The move comes just over a month after the company secured a $16 billion valuation in a Series E funding round.
The latest round brings Ramp's total equity financing to $1.9 billion.
(Reporting by Arasu Kannagi Basil in Bengaluru; Editing by Shilpi Majumdar)
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