Ramp's AI-driven drives corporate credit card giants to challenge

Ramp, with a valuation of $22.5 billion and annual revenue of $1 billion, is disrupting the corporate credit card market with AI-powered fee management tools. Founded in 2019, the fintech startup quickly surpassed competitors such as Brex and expanded into the tourism and automation sectors. Supported by investors such as Founders Fund and Iconiq, Ramp currently accounts for 1.5% of the $2 trillion corporate credit card market and plans to further develop through active brand building and AI integration.