Ramp in talks to raise $750 million at over $40 billion valuation
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Fintech company Ramp is reportedly in discussions to secure new funding. The potential round would involve raising $750 million at a pre-money valuation exceeding $40 billion.
This development comes approximately six months after the company's last funding event. In November, Ramp raised capital at a $32 billion valuation.
The rapid jump in valuation, from $32 billion to a figure above $40 billion, signals strong investor confidence and momentum for the corporate card and expense management platform.
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