In this article
You might like
No items found.
Spending made smarter
Easy-to-use cards, spend limits, approval flows, vendor payments —plus an average savings of 5%.1
4.8 Rating 4.8 rating
Error Message
No personal credit checks or founder guarantee.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Get fresh finance insights, monthly
Time and money-saving tips,
straight to your inbox
4.8 Rating 4.8 rating
Thanks for signing up
Oops! Something went wrong while submitting the form.
Table of contents

Over the last week, we’ve been working hard to ensure Ramp customers retain stable spend limits and minimize business disruption. Many of them are now grappling with transferring their entire banking operations to new platforms while simultaneously maintaining cash flow. Today, we're announcing that we have expanded our solutions to give customers more control over their finances. With Ramp, businesses can find trusted banking providers with our priority referral program and have the freedom to connect multiple bank accounts to one centralized spend management platform to reduce their risk.

"We pay our customers government fees by check, and the bank collapse put all those payments in limbo. Ramp was able to increase our limit in 24 hours and connect our new bank account quickly, so our families can continue on their immigration journey."- Xiao Wang, CEO & Co-Founder, Boundless Immigration

Businesses deserve a banking provider they can rely on 

Right now, businesses everywhere are looking for better ways to safeguard and manage their assets. Events from this past week have shined a huge spotlight on the importance of financial diversification and risk management. 

Our data shows Ramp customers are changing their banking habits. Many are moving to new banks, with 3-8% asset increases in banks like Bank of America and Wells Fargo. Smaller businesses are more likely to connect with digital and regional banks, while larger businesses are veering toward enterprise banking partners.

In the near term, the stability of businesses may depend on their ability to:

  1. Find stable banking providers who have a long track record of putting customers first and delivering high-quality reliable services.
  2. Diversify assets across providers to reduce single points of failure. 
  3. Keep financial operations streamlined even as businesses diversify where they store their funds. 

Legacy corporate card and expense management software providers can’t help companies who need to perform crucial tasks such as instantly setting up employees with new cards or integrating bank accounts, owing to bulky systems and a lack of personalized customer support.

Business owners and finance teams deserve better peace of mind. They deserve financial solutions that ensure stability and drive real savings. 

Ramp is here to bolster your financial stability

Ramp is not a bank, but from day one, we’ve provided our customers with innovative solutions to help finance teams operate at their very best. Customers have the freedom of choice to connect multiple bank accounts to one centralized spend management platform, thereby supporting diversification and decreasing risk. 

"This recent situation with the banks put us in a terrible position. All our financial services, including cards, were locked into one provider. Now with Ramp we're able to connect multiple banking partners, and see a consolidated view of our spend in one platform.”-Sara Mauskopf, CEO & Co-Founder, Winnie

We are offering expanded solutions to help businesses swiftly secure their finances:

  • ‍Get introductions to reputable banks. We work with some of the most reliable banking partners in the industry who have dedicated resources to support Ramp customers with account openings. In the first 48 hours we’ve already helped hundreds of customers with over $1B in deposits connect to new banking solutions.
  • Diversify your holdings and easily connect multiple bank accounts to one centralized spend management platform. Ramp offers connections to the top 100 banks (and thousands of others), ensuring higher credit limits for your business, up to 20x higher than traditional options. On average, Ramp customers maintain two to four banking accounts at any given time. 
  • Centralize spend and manage business payments seamlessly across card, checks, ACH, and international wires.
  • Spend smarter using our card anchored by finance automation software. Save with card controls, flexible capital, and real-time insights designed for your bottom line.

A smarter way to manage your finances

Let’s get you back to running your business as quickly and efficiently as possible. We are committed to ensuring the safety and stability of assets for both new and existing customers. If you need a new card provider, sign up for Ramp today.

Try Ramp for free
Error Message
No personal credit checks or founder guarantee.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Head of Financial Partnerships, Ramp
Ben leads Financial Partnerships at Ramp. He previously led B2B Fintech and Partnerships in North America for Visa and spent a decade at American Express focused on commercial payments in various global roles.
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.


How Mindbody & Classpass saved time, enhanced visibility, and improved usability with Ramp

“We were going to hold office hours, but it was so quiet that we never needed to. All the feedback was positive -- it was very easy to roll out.”
Heather Bruzus, Principal Accountant, Mindbody & Classpass

How Rarebreed Veterinary Partners Prepared for Scale with Ramp

“I can look in Ramp and see my spend for the month immediately. I don’t have to go on 14 different platforms. It’s all right there.”
Eric Chabot, VP of Accounting & Controller, Rarebreed Veterinary Partners

How Tomo drove efficiency and slashed time to close with Ramp

"Bringing our close timeline down by half has given us so much more time for projects and analysis.”
Eric Ho, SVP, Head of Finance, Tomo

How Crowdbotics streamlined, centralized, and saved with Ramp

“We switched from our legacy provider to Ramp in under a week and heard zero complaints."
Miles Lavin, VP of Strategic Finance, Crowdbotics

How Ramp Helped REVA Air Ambulance Save Time, Improve Visibility, and Gain Peace of Mind

“We were able to mold Ramp to our company to set it up as needed within departments. But the biggest selling feature to us was the automatic, real-time integration with Sage.”
Seth Miller, Controller, REVA

How Heyday Skincare gained control over 23+ entities with Ramp

“Ramp has been a saving grace by organizing and consolidating systems and giving us real time visibility across 23 entities.”
Shawn Gordon, Sr. Accounting Manager, Heyday Wellness

How Ramp helped Rustic Canyon Restaurant Group promote a culture of financial awareness and responsibility

"Ramp has helped promote a culture of awareness and accountability, there's no swipe your card and forget about it, people are more attuned to why and how they are spending."
Derek Arnette, Controller, Rustic Canyon Restaurant Group