# Ramp offers corporate cards, payment services and expense management applications.

*fintech · news · 2025-07-30 · Yahoo Singapore News*

## Key points

- Ramp raised $500 million at a $22.5 billion valuation in its latest funding round.
- This funding round was led by the investment firm ICONIQ.
- Ramp's valuation increased from $16 billion to $22.5 billion within just over a month.
- Ramp's total equity financing has now reached $1.9 billion.

(Reuters) -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)

**Countries:** United States, India

[Read the full story on Yahoo Singapore News](https://sg.news.yahoo.com/fintech-ramp-secures-22-5-115437533.html)

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