[Fintech Startup Ramp Plans to Raise $1 Billion, Valuation May Reach $60 Billion] BlockBeats News, September 9: According to Bloomberg, fintech startup Ramp is in early discussions with investors for a new round of funding, with the company's valuation expected to reach approximately $60 billion. If the deal goes through, Ramp's valuation will have increased by about 36% in just three months from its previous $44 billion. Sources familiar with the matter revealed that Ramp aims to raise around $1 billion in new funding during this round, though negotiations are still ongoing and specific terms may change. Ramp declined to comment. Founded in 2019, Ramp primarily provides services such as expense management, payment processing, and AI fraud detection for businesses. In June of this year, the company completed a $750 million funding round, bringing its total funding to approximately $3 billion to date. [Original Link]