Welcoming our Chief Business Officer Colin Kennedy, a Game-Changing Addition to the Ramp Team

March 17, 2021
by
Eric Glyman
,
Co-founder & CEO at Ramp


Today I’m excited to share that Colin Kennedy is joining Ramp as our first Chief Business Officer, where he’ll oversee operations, partnerships, corporate development, and sales.

Colin has shaped the financial services industry heavily over the past decade. Not many individuals have the unique combination of skills needed to both build a startup and also manage a team of hundreds at a Fortune 50 company. Colin is a rare talent who has both deeply shaped the future of financial services, while also bringing the founder DNA needed to rapidly scale a company. He is precisely what Ramp needs at its current stage.


Before joining us, Colin was the Global Head of Partnerships at Stripe, where he led the partnerships strategy for the company’s core and emerging products, including Stripe Treasury, a revolutionary banking-as-a-service API that allows Stripe users to provide bank accounts to their customers.


Prior to that, Colin held executive positions at Goldman Sachs, where he was the Chief Operating and Revenue Officer for its digital finance group, Marcus. He helped grow a nascent business into a multi-billionaire dollar P&L.

Earlier on, Colin was the Chief Commercial & Operating Officer at Clarity Money (through its acquisition by Goldman Sachs) and spent over a decade at American Express in VP and GM roles. At AmEx, he forged a number of industry shaping deals between partners including Concur, Facebook, Amazon, and more.

He is a former startup founder and started his career at Trilogy Software, widely considered the Y Combinator of its day. Needless to say, we’re lucky to have him.


Here’s what Colin had to say about joining: 


“My passion comes from developing products and partnerships that unequivocally raise the bar. Simply put, technology should create unambiguous simplicity and value for businesses. Similar to Stripe, Ramp provides businesses of all sizes with tools they need to transform and optimize their financial operations, allowing them to focus on their core businesses. Ramp makes its customers’ businesses stronger. And like its customers, I’ve been incredibly impressed with what Ramp has developed in its first two years, and am ready to usher Ramp into its next phase of growth.”


Colin is joining us during a critical time within the company, where we’ve reached an inflection point in our growth as more businesses are prioritizing efficiency and savings within their organizations.

By combining a powerful spend management platform with physical and digital corporate cards, we are transforming the way companies approach their finances and spending. We grew over 6000% over the past year, helped companies reduce wasteful spending by over $10M to date, and now tens of thousands of employees across America’s fastest growing businesses are taking control of their finances with Ramp, saving critical time and money.


Ramp is growing rapidly -- if you’re interested in helping businesses get more out every dollar and hour, we’re hiring across every department. Check out our careers page to learn more.

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Streamline approvals.
Review requests, pre-approve expenses, and issue general expense cards in a few clicks – or directly in Slack. Delegate approvals and empower your team leads to spend on the things they need and control their team’s expenses.
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Issue instant cards.
Unlimited virtual and physical cards with built-in spend limits, instantly available for everyone in your team. Define spend rules and let your smart cards enforce your policies automatically. No more surprises or under-the-radar spending.
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See spend as it happens.
Stop waiting on monthly statements or manual spreadsheets. Find, browse, and download real-time transactions from any employee, department, or merchant – on any device.
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Close your books 5x faster.
An accounting experience by finance teams, built for speed and efficiency. Automate manual processes and start enjoying instant reconciliation – Ramp does all the heavy lifting.
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Trim wasteful spend.
Ramp analyses every transaction and identifies hundreds of actionable ways your company can cut expenses and alerts your team via email, SMS, or Slack. It’s like having a second finance team, laser-focused on cutting costs.
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Consolidate reimbursements.
Ramp makes it easy to reimburse your employees for any incidental out-of-pocket expenses. Review, approve, and pay employees back for anything that didn’t make it onto a card with the rest of your Ramp transactions.
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