Ramp
Spend management that markets itself on saving companies money; among the fastest-growing SaaS-fintechs ever.
Spend management + business accounts.
- Who holds it
- A sponsor bank behind the brand — not the app you signed up with — Partner banks.
- The ledger
- Split between a program manager and the sponsor bank — the modular setup that broke in Synapse.
- If it fails
- Any claim runs through the sponsor bank, and only works if the two ledgers reconcile.
Derived from Ramp’s regulation type and custody — a class of protection, not a guarantee. Limits and eligibility vary by scheme, balance and jurisdiction; confirm before you rely on it. What happens if a neobank shuts down →
The facts
| Category | traditional · SMB & startups |
| HQ | New York, US |
| Founded | 2019 |
| Custody | Custodial |
| Regulation type | Partner-bank model |
| License detail | Partner banks |
| Card | Visa · Corporate card |
| Cashback | 1.5% |
| Yield | Treasury yield |
| Stablecoins | No |
| KYC | Yes |
| Active regions | North America |
| Countries | United States |
| Founders | Eric Glyman, Karim Atiyeh, Gene Lee |
| Funding | ~$1B+ (val ~$22B, 2025) |
Verified links: official site ↗ · terms ↗ · privacy ↗ · @tryramp ↗
Common questions about Ramp
What is Ramp?
Ramp is a fiat neobank built for SMB & startups, headquartered in New York, US and founded in 2019. Your money is held custodially, so Ramp or its partner bank holds the balance and you hold a claim on it. It operates on a partner-bank model (Partner banks).
Does Ramp have a card, and where can you use it?
It issues a Visa corporate card. It is available in North America.
Does Ramp require KYC?
Yes. Ramp requires identity verification (KYC) to open an account, as a partner-bank model.
What does Ramp cost?
From the verified fields: cashback 1.5%; yield Treasury yield. Cashback and yield are "up to" figures that change constantly and often depend on a paid plan — confirm current terms with Ramp before relying on them.
Early investors
Head-to-head
Ramp vs Brex · Ramp vs Mercury · Ramp vs Novo · Ramp vs Bluevine · Ramp vs Relay
Peers
Chime · Wise · Varo · Current · SoFi · Ally Bank
Ramp appears in
Neobanks running on someone else’s banking license (81) · Neobanks available in North America (126) · Neobanks for small businesses and startups (33) · Neobanks that issue a Visa card (182) · Neobanks in United States (66)
Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.