Cryptocurrency payment company Ramp completes $300 million financing, led by Thrive Capital and others

ChainCatcher news, according to TechCrunch, fintech company Ramp, focused on crypto payments, announced the completion of a $300 million financing round with a post-money valuation of $5.8 billion, led by Thrive Capital and Sands Capital, with participation from General Catalyst, Founders Fund, and other existing supporters. The new funds will be used to accelerate product development and expand hiring in the second half of this year.

According to the crypto data platform RootData, Ramp is a non-custodial, full-stack payment infrastructure that allows users to purchase cryptocurrencies without leaving the dApp or wallet.