Ramp
Ramp is a corporate spend management platform combining credit cards, expense management, bill pay, and procurement automation for businesses.
Overview
Company: Ramp (New York) Founded: 2019 Funding: $1.6B+ (Series D, Founders Fund, Thrive) Pricing: Free for core features, Ramp Plus at $15/user/mo
Why They’re Not a Competitor
Ramp needs a funded company with employees. P4gent serves freelancers with personal bank accounts.
| Ramp | P4gent | |
|---|---|---|
| Customer | Companies with 10+ employees | Solopreneurs and freelancers |
| Core product | Corporate cards | AI spending assistant |
| Revenue model | Card interchange | £9-79/mo subscription |
| Integration | Replace your banking | Connect to existing accounts |
The Core Difference
Ramp is financial infrastructure for funded startups. P4gent is an AI assistant for individuals.
To use Ramp, you need:
- A registered company
- Employees who need cards
- Corporate banking setup
- Finance team (or at least finance processes)
To use P4gent, you need:
- An email account
- A Xero/bank connection
- £9/month
Different Markets Entirely
The overlap is superficial. Yes, both care about “managing spend.” But:
- A freelancer with 15 SaaS subscriptions and 5 suppliers isn’t a Ramp customer
- A Series B startup with 50 employees isn’t a P4gent customer
The Graduation Path
P4gent customers may eventually graduate to Ramp. A solopreneur who grows into a 20-person company will need corporate cards. That’s fine—we serve them until they outgrow us.
Threat Level: None
Different market segment. Ramp isn’t moving downmarket to serve freelancers (no interchange revenue there). P4gent isn’t moving upmarket to compete with corporate cards.