Fintech startup Ramp raises $150m in funding led by Khosla Ventures and Founders Fund, valuing the company at $7.65bn.

Fintech startup Ramp has raised $150m in funding, led by Khosla Ventures and Founders Fund, valuing the company at $7.65bn. This marks a recovery of its valuation from $5.8bn in August 2023, and a return closer to its peak of $8.1bn in 2022. Ramp develops finance and expense management software for companies, and competes with startups like Brex and public companies such as American Express and SAP.