Stripe led a $50m second tranche for the corporate charge card provider's latest round, which valued it at $1.6bn.
Digital payment technology provider Stripe took part in a $115m financing round yesterday for Ramp, the US-based developer of a corporate charge card designed to control spending.
The funding was raised across two tranches according to The Information: an initial $65m close led by investment firm D1 Capital Partners followed by a $50m tranche led by Stripe.
The round valued Ramp at $1.6bn and included investment bank Goldman Sachs, Coatue Management, Founders Fund, Thrive Capital, Redpoint Ventures, BoxGroup, Neo and…
