New York fintech Ramp has launched its finance platform in Canada and is opening a downtown Toronto office to support local customers. The Canadian offering combines corporate cards, payments, expense management, tax automation, approvals, reimbursements, bill payments, and accounting workflows.
Businesses can issue Canadian-dollar physical and virtual cards alongside U.S.-dollar virtual cards, while Ramp’s software captures GST, HST, PST, and QST information from receipts. The company says more than 70,000 organizations use its platform, powering over $200 billion in purchases annually. Canadian Ramp cards are issued by Peoples Trust Company, and Quebec and Saskatchewan businesses are not yet eligible today.
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