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Hampshire s Hannah Wodecki smacks two-run, walk-off HR to lift Raiders past Westfield, 13-12

Hampshire s Hannah Wodecki smacks two-run, walk-off HR to lift Raiders past Westfield, 13-12
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New Fintech Unicorn Ramp Lands $1 6 Billion Valuation And $115 Million In Fresh Funding From Stripe, Goldman Sachs And More

08:00am EDT| New Fintech Unicorn Ramp Lands $1.6 Billion Valuation And $115 Million In Fresh Funding From Stripe, Goldman Sachs And More Share to Linkedin Ramp Cofounders Karim Atiyeh (left) and Eric Glyman (right) founded the fledgling startup just two years ago and launched it right as the pandemic started to spread across America. Ramp and Romina Hendlin Just one year after launching, corporate credit card startup Ramp has become fintech s latest unicorn, amassing an eye-popping $1.6 billion valuation as it received $115 million in new funding led by D1 Capital Partners and $95 billion payments goliath Stripe.  Announced on Thursday, Ramp s all-equity round brings the New York City-based company s total funding to $320 million, including $150 million in debt financing from Goldman Sachs in February. Goldman doubled-down with an equity investment in this latest round, alongside Founders Fund, Coatue Management and Thrive Capital.

Payment giant Stripe funds fintech startup Ramp at $1 6 billion valuation

By Reuters Staff 2 Min Read Stripe app logo is displayed in this illustration taken March 15, 2021. REUTERS/Dado Ruvic/Illustration (Reuters) - Ramp, a fintech startup that offers corporate cards and software for managing employee expenses, raised $115 million in a funding round led by digital payments giant Stripe and D1 Capital Partners, valuing it at $1.6 billion, it said on Thursday. The two-year-old New York-based firm competes with American Express, new-age fintech startups such as Brex and older expense management software makers like Expensify and SAP Concur. Stripe, which had invested in Ramp previously as well, had in March raised $600 million at a valuation of $95 billion.

Ramp Raises $115M, Reaches $1 6B Valuation as Fastest Growing Corporate Card

Ramp Raises $115M, Reaches $1.6B Valuation as Fastest Growing Corporate Card Share Article The first corporate card that helps businesses spend less experiences record-setting adoption as it nears $1B in annualized transaction volume just one year after the product’s general availability NEW YORK (PRWEB) April 08, 2021 Ramp, the first corporate card designed to help businesses spend less, today confirmed $115M in new funding from D1 Capital Partners and Stripe, with support from Goldman Sachs, Founders Fund, Coatue Management, Thrive Capital, Redpoint Ventures, Box Group, Neo, and Contrary Capital. The round brings total venture and debt financing raised by Ramp to $320M. With a valuation of $1.6B, Ramp has become the fastest growing New York based startup in history, and the first to surpass a $1B valuation in under two years from incorporation.

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