CryptoWorld News reports that the corporate expense management platform Ramp has launched a new funding round, raising $750 million, with a pre-money valuation exceeding $40 billion. This round of funding was led by existing investors Iconiq Capital and Singapore's sovereign wealth fund GIC. If the funding is completed, Ramp's valuation will increase by over 30% within six months. In November last year, the company secured $300 million in funding at a valuation of $32 billion. Fundamental data shows that its annual revenue surpassed $1 billion in September last year. Besides traditional corporate card issuance and bill payments, Ramp is actively promoting AI automation processes, and has already launched multiple financial intelligent agents to automatically intercept abnormal transactions and AI-generated fake reimbursement documents.

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