The Fintech Index
20 reviews 5 categories 1 research report Updated Sep 23, 2026
BNK / Business banking & treasury

Ramp

Corporate cards and software covering travel, expenses, bill pay and procurement, plus a checking account a partner bank maintains. Privately held, based in New York.

Headquarters
New York, New York
Founded
2019
Ownership
Private
Website
ramp.com

Best for

Finance teams hoping to automate cards and expenses, as well as bills and procurement, especially companies on NetSuite, Sage Intacct or Workday.

Not ideal for

Companies that mainly want a bank account or else yield, and buyers who require each price in print ahead of a sales call.

Verdict

Spend control is Ramp's center. Visa charge cards include receipt matching, preset limits, travel booking, reimbursements, approvals and invoice capture, and Ramp syncs to more than 40 systems in accounting. Even the free plan includes cards, expenses and bill pay, with sync to QuickBooks Online or to Xero, so trying it is inexpensive.

Banking trails the spend product. First Internet Bank of Indiana holds the checking account and pays a variable APY of 2%, yet the 4.54% figure quoted in the headline is a hypothetical yield on a $10M sample portfolio, and the investment account requires a $5,000 minimum position although the pricing page cites no minimum deposits. The Plus platform fee is unpublished, as are add-on prices and the cashback rate.

Score breakdown

How Ramp is scored on criteria buyers in this category care about.

Buyer outcomes

Accounts and payments7.2

A checking account held at First Internet Bank of Indiana, with instant RTP payments and a variable APY of 2%. FDIC coverage through IntraFi's network is given only as tens of millions of dollars for each depositor.

Cards and spend controls8.9

Visa charge cards that include 30-day payback, no cap on virtual and physical cards, receipt matching, preset controls, travel booking and reimbursements.

Treasury and yield6.6

The 4.54% figure is hypothetical, a yield to maturity for a $10M sample portfolio dated September 3, 2026, and the investment account requires a $5,000 minimum position carrying an advisory fee up to 0.15%.

Accounting integrations9.0

Connects to 40+ accounting systems, among them Sage Intacct, Oracle Fusion Cloud, NetSuite, Microsoft Dynamics 365 and Workday Financials. QuickBooks Online and Xero are on the free plan.

Company and commercial

Product depth and roadmap8.8

Covers expenses, cards, procurement, accounts payable, receivables, travel and banking, including AI features through the suite.

Onboarding and support8.1

Chat, email, a published phone line and around-the-clock AI help, and on Enterprise priority 24/7 support that includes a dedicated team.

Pricing transparency6.6

The free plan is published, and so is the Plus fee at $15 per user, but the card cashback rate, add-on prices and the Plus platform fee are not.

Contract terms7.0

Charge cards require no personal guarantee, nor a credit check, and Enterprise is billed each year on custom terms.

The field at a glance

Placement of Ramp by Overall Score among Business banking & treasury companies reviewed by us.

Use-case fit

Use caseFitNotes
Expense and receipt automationStrongReceipt matching and capture, reimbursements, and AI review of expenses on Plus.
Procurement and accounts payableStrongApprovals, invoice capture and three-way matching, while procurement is sold as an add-on.
Heavy ERP finance stacksStrongOn paid plans, integrations are available for Oracle Fusion, Workday, Sage Intacct and NetSuite.
The main operating bank accountMixedChecking pays 2% APY, though the banking product arrived later than the spend suite.
Yield on cash held in reserveMixedThe investment account is usable, but its headline figure is hypothetical, with a $5,000 minimum.

Who it's for

Good fit

  • Finance teams seeking a faster close of the books
  • Companies on Sage Intacct, NetSuite or Workday
  • Businesses hoping to try spend software via the free plan

Poor fit

  • Companies that choose mainly by yield or bank features
  • Buyers who require all prices published up front
  • Teams that need the cashback rate stated in the terms

Key facts

ProductsExpenses, corporate cards, bill pay, travel, receivables, procurement, checking and investment accounts Source
PlansFree costs $0; Plus costs $15 per user per month and a platform fee; Enterprise custom Source
CheckingFirst Internet Bank of Indiana, Member FDIC, provides the deposit services. Source
IntegrationsAccounting systems, 40+ Source
FundingRaised $750M in June 2026 at a valuation of $44B. Source

Sources

  1. Ramp homepage and disclosures: https://ramp.com/ (As of September 23, 2026)
  2. Ramp pricing: https://ramp.com/pricing (As of September 23, 2026)
  3. Ramp corporate cards: https://ramp.com/corporate-cards (As of September 23, 2026)
  4. Ramp business banking: https://ramp.com/business-banking (As of September 23, 2026)
  5. Ramp integrations: https://ramp.com/integrations (As of September 23, 2026)
  6. Ramp rewards terms: https://ramp.com/legal/customer-terms/services-terms/rewards-terms (As of September 23, 2026)
  7. CNBC on Ramp's June 2026 funding: https://www.cnbc.com/2026/06/04/ramp-valuation-funding-ai-spend.html (As of September 23, 2026)
  8. Ramp on Wikipedia: https://en.wikipedia.org/wiki/Ramp_(company) (As of September 23, 2026)

Methodology

This page sets out an independent evaluation of Ramp for companies choosing a provider in Business banking & treasury. The Fintech Index accepts no payment for placement, sponsorship or advertising, and Ramp paid nothing for this review.

The Overall Score averages eight criteria, each given a score from 0 to 10. Four measure outcomes that matter to buyers in this category, and four address the company, including its commercial terms.

Scores are our editorial reading of public information: filings, compliance disclosures, product documentation, and pricing and legal pages. Lab tests were not run and accounts were not opened for this review. We checked the facts on September 23, 2026.