US' fintech firm Ramp's valuation increases by $12 bn in 7 months

US fintech startup Ramp has raised $750 million in a new funding round, boosting its valuation to $44 billion from $32 billion in November. Founded in 2019, Ramp provides corporate cards and payment solutions. Highlighting the company's rapid expansion, CEO Eric Glyman said Ramp is growing as fast as it was three years ago despite being nearly 20 times large.

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