Ramp Acquires Billhop, Expands to UK/EU

Ramp (financial technology company), a leading financial operations platform, has announced the acquisition of Billhop, a Stockholm- and London-based payments platform. This strategic move aims to strengthen Ramp (financial technology company)'s regional expertise and deepen its support for customers operating in the United Kingdom and European Union. As part of the expansion, Ramp (financial technology company) will open its first international offices in London and Stockholm. The acquisition integrates Billhop's licensed payments infrastructure, enabling Ramp (financial technology company) to directly onboard businesses headquartered in the UK and EU for the first time, starting this summer. Ramp (financial technology company) already serves thousands of US businesses with international operations across 180+ countries, and this acquisition will further enhance its global payment capabilities. The company plans to significantly grow its European team, particularly in the UK, over the next 12 months.