Ramp, a corporate card and expense management fintech headquartered in New York is having a pretty good start to 2025. It raised $150m, almost doubled its valuation to $13bn and revealed that it doubled its revenue across 2024. Reaching those milestones hasn’t been easy, though, particularly for its employees.
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We spoke to three Ramp employees for this article, each speaking off the record. They had varying opinions about life at the fintech. One said Ramp is “extremely cut-throat and a bit of a meat grinder” while another said they had “nothing bad to say about the firm.” The third, who has departed the firm, was appreciative of the opportunities available at Ramp but said his hours “were kind of insane towards the end” and he was “miserable with the work.”
Online reports equally claim that Ramp’s culture is very intense and “all about results.” It’s thought to be similar to Revolut, where “getting s*** done” matters more than working long hours, however lofty goals and targets make 40-hour weeks or less “almost impossible.” Hours may be particularly bad for salespeople; one speaking off-the-record told us he was working 40-hour weeks when he joined but, more recently, was working closer to 70 with 13-hour days.
This isn’t a bad thing for all employees. The salesperson told us that “people who make their whole life about Ramp love it.” On Jobs forum Blind, Ramp employees attest to an “entrepreneurial culture” full of “young but highly motivated” people. Nonetheless, the intensity has caused some people to leave. One off-the-record employee said “a lot of other people who left are much happier at their new roles.”
Ramp itself says “winning the marathon sprint by sprint” is a fundamental value for employees. It also notes that employees receive “generous comp, educational stipends, and wellness benefits [that] bolster personal well-being.”
The firm is also alleged to be instigating a return to office push similar to fintechs like Brex, Starling Bank and Marshmallow. Some remote employees have left because of this, but multiple have been able to maintain their existing remote arrangement according to multiple of the off-the-record sources. Ramp is still advertising 37 of its 79 open roles as remote, but sources say there’s an “internally strong preference for [its] New York, San Francisco and Miami” offices. For non-remote workers, new hires are expected to work in the office a minimum of three days per week.
Ramp previously used its hybrid model to poach employees from major banks with co-founder Eric Glyman calling it a “huge opportunity” at the time. Now, times appear to have changed.
Ramp did not respond to a request for comment.
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