Ramp hits $60bn valuation in $1.85bn round, Bloomberg reports

Fintech start-up Ramp has raised about $1.85bn at a valuation of roughly $60bn, Rebecca Torrence reported for Bloomberg, citing people familiar with the matter. Dragoneer Investment Group and Thrive Capital led the round, and Founders Fund also wrote a large cheque, the people said. The $60bn figure is before the new money is counted.