Ramp expands to UK in first major international move

Ramp, the New York-based financial operations platform, officially launched its services in the United Kingdom on September 15, marking the company’s first major expansion beyond North America.

The UK launch didn’t happen overnight. Ramp laid the groundwork back in March 2026 when it acquired Billhop, a payments firm that came with regulatory authorizations from the UK Financial Conduct Authority and Swedish authorities. That acquisition, which closed on February 19, essentially handed Ramp a compliance passport to operate across both the UK and the European Union.

From New York to London, with stops in between

The UK expansion is technically Ramp’s second international move. The company entered Canada in July 2026, a natural first step given the geographic and regulatory proximity.

UK and EU-based businesses can now onboard directly with Ramp without needing a US entity. The early client roster includes ElevenLabs, the AI voice synthesis company, and Attio, a CRM startup, both of which have started using the platform since summer 2026.

Ramp’s London-based operation offers corporate cards, bill payments, procurement, travel management, bookkeeping, and AI-enhanced financial controls.

The numbers behind the ambition

Ramp currently serves over 70,000 businesses globally. The platform’s median customers reportedly save 5% on expenses and experience 16% revenue growth within their first year of using Ramp.

To fund this international push, Ramp closed a $750 million funding round in June 2026. That round valued the company at $44 billion. A significant portion of that capital is earmarked for enhancing AI spend visibility.

A crowded market gets more crowded

Ramp enters a landscape populated by well-established players like Pleo, Spendesk, and Soldo on the corporate card side. Ramp’s platform bundles multiple financial functions into a single interface, positioning it against European competitors that typically specialize in one or two areas.

The Swedish authorizations that came with the Billhop deal could serve as a launchpad for EU expansion beyond what UK-based licensing allows, especially post-Brexit when the two regulatory regimes operate independently.

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