Ramp in talks for $750M round at valuation above $40B — six months after $32B

Friends, sharing a fintech update: Ramp is reportedly negotiating a $750M raise at a pre-money valuation north of $40B.

Briefly:
- WSJ reports the round is under discussion but not closed; Ramp declined to comment.
- This follows a series of financings in 2025–2026, including $300M at a $32B valuation in November.
- CEO Eric Glyman cited $1B revenue and plans to deploy AI for spend control and fraud detection.

Why it matters: Rapid growth combined with AI-driven controls is intensifying investor interest and reshaping expense management.

How sustainable do you think such valuations are in the current environment?

#fintech #startups #investing #AI