This Week in Fintech's Podcast đ§Building the Best, with Jillian Williams feat. Karim of Ramp
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Mar 3, 2024 This podcast delves into the journey of creating and scaling fintech products, featuring the Co-Founder and CEO of Ramp. It explores challenges faced in startups, the acquisition process, hiring for crucial roles, the evolution of operational focus, navigating competition in corporate card solutions, and the correlation between gaming skills and real-world competencies for innovative hiring practices.
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Paribus Founding and Acquisition
- Karim Atiyeh and Eric Glyman, co-founders of Ramp, previously started Paribus.
- Paribus helped consumers get refunds for online price drops before being acquired by Capital One.
Learning FinTech through Acquisition
- Capital One acquired Paribus not just for the technology but for a competitive edge in their card program.
- This acquisition gave Atiyeh and Glyman insight into the FinTech and card program mechanics.
Ramp's Vision
- Ramp's focus is on software for finance operations, not just being a card company.
- The idea originated from wanting a better card program focused on saving money and reducing waste.