Fintech Brainfood Ramp CEO Eric Glyman: The equation for Hypergrowth
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May 21, 2024 
Ramp CEO Eric Glyman discusses the success of Ramp's metrics-driven expense cards, facing competition from Brex and Mercury in the Fintech industry. They delve into the evolution of expense management software, growth strategies, continuous improvement in product development, diverse product offerings, global expansion challenges, and the future of Fintech post-SVB world.
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Paribus: Precursor to Ramp
- Eric Glyman founded Paribus before Ramp, an app that tracked online price drops and helped users get refunds automatically.
- Paribus grew to a million customers in a year and was acquired by Capital One, influencing Ramp's creation.
Spend Less, Save More Philosophy
- The insight behind Ramp was building a product intended to help customers spend less money, rather than encouraging more spending.
- Saving a dollar never spent on unnecessary expenses is far more valuable than small cashback rewards.
Redefining Expense Management
- Traditional expense management was convoluted with multiple software and delays, causing poor data and user frustration.
- Ramp redesigned this by integrating card issuance, receipt collection, and accounting in one seamless workflow.