Ramp Buys Billhop and Launches Direct Operations in UK and Europe

New updates have been reported about Ramp.

Ramp is accelerating its international expansion with the acquisition of Billhop, a licensed payments platform based in Stockholm and London, and will open its first overseas offices in both cities to anchor its UK and European push. The deal gives Ramp regulated payments infrastructure in the UK and Sweden, enhancing support for existing customers that already transact in over 180 countries and positioning the company to serve UK- and EU-headquartered clients directly starting this summer.

By integrating Billhop’s B2B payments capabilities, Ramp will strengthen cross-border payment services across the UK and EU, building on its existing local currency offerings in markets such as Canada, Australia, Japan, Mexico, and Singapore. CEO Eric Glyman said European companies will gain access to the same platform that he claims helps the median Ramp customer cut spend by 5% and grow revenue by 16% in the first year, while Billhop CEO Niklas Bothén framed the combination as a way to scale frictionless multi-currency payments. Thousands of U.S. clients already use Ramp to manage European spend, and the company plans to more than double its UK headcount over the next year as it hires across go-to-market, partnerships, and operations, a move welcomed by the UK government as a contribution to innovation, productivity, and high-value job creation.