Ramp's European expansion starts in the UK
Hey Payments Fanatic!
Another US FinTech has landed across the pond.
This time, it’s Ramp.
The company has officially launched in the UK, bringing its corporate cards, expense management, and bill payment products to British businesses.
It's Ramp’s first major move outside North America, after expanding into Canada earlier this year.
Ramp has also been building up its payments business, acquiring Billhop earlier this year to get payment authorisation in the UK and EU, while working with Visa on its UK corporate card.
And there’s another trend that could make this expansion interesting: AI spending is exploding.
Ramp says spending on AI products across its customers has grown around 21x since June 2025 🤯
So Ramp is entering the UK just as the way businesses spend money is changing pretty quickly.
Here’s what else is happening in payments 👇
Back at it tomorrow!
Cheers,
INSIGHTS
💡 Poland’s Payment System Reaches Systemic Importance. BLIK processed 1.6B transactions worth PLN 244.8B in H1 2026, reaching 21.6M active users and 8.7M transactions per day. The scale has led the National Bank of Poland to classify BLIK as a systemically important retail payment system, highlighting how a domestic payment scheme launched in 2015 has grown into a major alternative to traditional card rails.
NEWS
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🇺🇸 Fin.com raises $20M in seed funding to expand stablecoin payments infrastructure. Led by Expa and Uber cofounder Garrett Camp, the round includes Coinbase Ventures. The startup builds white-label tools to convert stablecoins into local currency across 30+ countries.
🇬🇧 Visa, Circle and Ripple back Velocity at a $200M valuation, extending its Series A to $48M. The London-based startup builds infrastructure to move payment settlement and treasury operations onto stablecoin rails.
🇵🇱 BLIK appoints Piotr Puchalski as new CEO, effective January 2027, replacing Dariusz Mazurkiewicz. Puchalski brings 20+ years of experience from BNP Paribas and mBank in the financial and payments sector.
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