Ramp CEO invites co-founder Karim Atiyeh to share top job

Ramp is shaking up its leadership to double down on artificial intelligence. The $13.7 billion fintech has elevated co-founder Karim Atiyeh to co-CEO alongside Eric Glyman. This move signals a shift toward automating more of the financial back-office for businesses. For merchants and operators, this means the tools you use to manage corporate spend and financing are about to get much smarter. The leadership change also includes a new CTO and head of engineering. Their specific goal is to bake AI into every layer of the platform. For your business, this likely translates to faster credit approvals and more automated expense tracking. Ramp is moving away from being just a card provider to becoming an autonomous finance platform. If you use Ramp or similar fintech platforms, expect more proactive insights. The company is betting that AI can help businesses identify where they are overspending in real-time. This isn't just about moving money; it's about software that tells you how to save it. Keeping an eye on these updates will help you leverage new automation tools as they roll out to stay lean and competitive.

Source: American Banker — Top News

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