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Stifel Venture Banking, a national innovation banking practice focused on founders and investors, and Ramp, the first finance automation platform and corporate card designed to help businesses spend less, today announce a partnership to provide Stifel’s clients with access to Ramp’s industry-leading corporate cards and expense management software. This strategic partnership brings together two industry leaders jointly looking to best service the needs of the venture and startup community.  

 

Stifel Bank identified Ramp as a valuable partner based on its proven track record of helping 15,000 businesses save over $600M and 8.5M hours of work. In the wake of the bank crisis earlier this year, Stifel Bank and Ramp understand more than ever the importance for financial institutions to establish trust with clients and the broader startup community.  Together, we’re committed to providing clients with the resources they need to grow their businesses with the service model and attention they deserve.

 

“Partnering with best of breed platforms like Ramp is a key component of our vision of building the premier venture bank to support entrepreneurs and their investors,” said Jake Moseley, Managing Director, Stifel Venture Banking. “Our team’s deep industry expertise and Ramp’s modern capabilities is a powerful combination to support modern finance teams as they scale their business.”

 

Through the partnership, Stifel clients can apply for a Ramp card and will benefit from the following features:

  • Powerful physical and virtual cards with generous perks and cash back
  • Zero touch expenses to help control, analyze, and optimize spending
  • Hyper intelligence to maximize savings and cut spend with insights


“In this market, startups are under increased financial pressure and looking to extract the most out of every dollar,” said Michael Cohen, VP of Partnerships, Ramp. “We’re proud to partner with Stifel to deliver the startup community the tools they need to save time and money when it matters most.”

Interested in learning more about Ramp x Stifel Venture Banking? Click here.

Try Ramp for free.
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Financial Partnerships, Ramp
Jonathan Avraham focuses on Financial Partnerships at Ramp. Formerly he spent seven years at JPMorgan Chase supporting various businesses such as Commercial Banking, Asset Management and Capital Markets. Most recently he was tasked with building out the FinTech Partnerships & Investments team for the Commercial Bank at JPMorgan, a new group responsible for sourcing and executing business development opportunities (M&A, strategic investments, partnerships) with a focus on Tech. Jonathan holds a Bachelor of Business Administration in Finance from the Isenberg School of Management at University of Massachusetts Amherst. Outside of work, Jonathan is an amateur chef, loving dog dad, and avid traveler.
Ramp is dedicated to helping businesses of all sizes make informed decisions. We adhere to strict editorial guidelines to ensure that our content meets and maintains our high standards.

FAQs

How Ramp helped Viking Well Service institute a more efficient expense management process

“Having the purchase order and bills all in one place just makes a whole lot more sense for the type of business that Viking’s doing, because you can simplify it down to a one-line-item type deal. That’s really important for control purposes, for visibility."
Chris Lowdermilk, Senior Controller, Viking Well Service

How Ramp Procurement helped NPHY simplify, save time, and improve transparency

“Before Ramp Procurement, requests could take up to a month. Now the process is complete in a matter of days, meaning we can get much needed supplies and focus on delivering care to our clients (teenagers in crisis) faster.”
Michelle LaBonney, Director of Finance & Operations, Nevada Partnership for Homeless Youth

How Betterment manages corporate spend for five entities with Ramp

“With Ramp, we can save rules directly to the card. Transactions from any of our monthly vendors come in already coded, so that’s been a huge time saver.”
Marianne Hawes, Senior Accountant, Betterment

How Alexandra Lozano Immigration Law prepared for scale with Ramp

"I used to have to call our card provider and sit on the phone for a couple hours a week, I don’t have to do that with Ramp.”
Wayne Robinson, CFO, Alexandra Lozano Immigration Law

How Ramp helped Smart City Apartment Locating save time, expedite month close, and grow sustainably

"Five to 15 hours each month of non-value-add activities are off my plate. I’m able to be a strategic advisor versus just a tactical manager when it comes to spend management.”
Dustin Walsted, VP Finance, Smart City Apartment Locating

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“I’ve pretty much seen or used everything that’s out there, everything does something Ramp does, but nothing does everything Ramp does.”
Matthew Ferguson, Controller, TaskHuman

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"The efficiency of using PwC Bookkeeping Connect, coupled with the Ramp platform, has probably been about 75% time savings. Instead of every hour I would have had to spend on bookkeeping, I’m probably having to spend maybe 10 or 15 minutes.”
Dan Burke, CEO, First Tee San Francisco