"World of DaaS"
Ramp CEO Eric Glyman - The Hidden Incentives Shaping Banking and Fintech
Oct 15, 2024
Eric Glyman, co-founder and CEO of Ramp, a cutting-edge financial operations platform, takes listeners on a journey through the transformative landscape of banking and fintech. Discover the trends shaping corporate spending, the power of price intelligence, and Ramp's unique 'Moneyball' hiring strategy aimed at nurturing fresh talent. Glyman contrasts traditional banking inefficiencies with a customer-first approach while highlighting the importance of trust and innovation for business success. Tune in for insights on fostering a culture of growth and performance!
48:24
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Quick takeaways
- Ramp prioritizes customer savings and efficiency over traditional banking incentives, fostering loyalty by focusing on users' financial well-being.
- The platform's innovative approach includes automating cost-saving measures, enabling users to identify unnecessary subscriptions and discover better deals.
Deep dives
Ramp's Unique Value Proposition
Ramp distinguishes itself in the fintech space by focusing on helping businesses spend less money rather than merely providing credit products. The founders recognized that many consumers and businesses did not value points or cashback rewards as much as keeping more money in their bank accounts. By designing a financial operations platform that automates cost-saving measures, Ramp allows users to cancel unneeded subscriptions and find better deals. This innovative approach has appealed to over 25,000 customers and contributed to the company's rapid growth, achieving an annual recurring revenue of $100 million in just three years.
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