Ramp

Fiat-to-crypto on-ramp provider offering global coverage for buying and selling crypto assets through a developer-friendly SDK and API. Operating in 150+ countries. Strong European presence. Used by major wallets and dApps.

Ramp is one of the major consumer crypto on-ramps powering wallet integrations globally—competing head-to-head with MoonPay and Transak in the critical on-ramp layer.

ramp.network On-Off-RampsPolandprivate

At a glance

Total raised

$2.0B

last round growth

Headcount

—

no public estimate on record

Headquarters

Warsaw

Poland

Founded

2018

8 years active

Status

Private

On-Off-Ramps

Latest valuation

$32B

Growth · 2025

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Funding history

Total raised

$2.0B

Rounds tracked

Latest stage

Growth

Latest valuation

$32B

Date	Stage	Amount	Valuation	Lead investors
Nov 17, 2025	Growth	$300M	$32B	Lightspeed Venture Partners
Jul 30, 2025	Series E	$500M	$22.5B	ICONIQ Growth
Jun 17, 2025	Series E	$200M	$16B	Founders Fund
Mar 3, 2025	Undisclosed	$150M	$13B	—
Apr 17, 2024	Series D	$150M	$7.7B	Khosla Ventures, Founders Fund
Aug 22, 2023	Series D	$300M	$5.8B	Thrive Capital, Sands Capital
Mar 21, 2022	Series C	$200M	$8.1B	Founders Fund
Apr 8, 2021	Series B	$115M	$1.6B	D1 Capital Partners, Stripe
Dec 17, 2020	Series A	$30M	—	D1 Capital Partners, Coatue Management, Founders Fund
Feb 12, 2020	Convertible	$15M	—	Founders Fund, BoxGroup, Coatue Management, Conversion Capital
Aug 8, 2019	Seed	$8M	—	Founders Fund, BoxGroup, Coatue Management

Founder backgrounds

Przemek Kowalczyk

CEO & Co-Founder

Before co-founding Ramp, Kowalczyk worked at Google as a software engineer. He previously co-founded an earlier startup in the fintech space, gaining experience building digital payment products. Kowalczyk studied computer science at the University of Warsaw, where he first met Ramp's co-founder, Szymon Sypniewicz. Their shared background in engineering and payments informed Ramp's developer-first approach — offering a plug-and-play SDK and API that lets any platform integrate fiat-to-crypto on-ramp functionality without building the underlying compliance and payment rails themselves.

Szymon Sypniewicz

Co-Founder, Advisor and Board Member

Co-founded Ramp in 2017, building it from a Polish startup into a fiat-to-crypto on-ramp infrastructure layer used by major platforms globally. Previously held finance and advisory roles, including at Deloitte, where he advised financial institutions on strategy and operations. Studied at the Warsaw School of Economics (SGH). Now serves as an Advisor and Board Member, having transitioned from day-to-day executive responsibilities as the company scaled its developer-first SDK and API across 100+ countries.

AI bull / bear

Bull case

Ramp sits at the most defensible chokepoint in crypto infrastructure: the moment users convert fiat into digital assets. Its SDK-first approach has made it the default on-ramp for major wallets and dApps across 150+ countries, creating a distribution moat that compounds with every new integration. The $300 million growth round led by Lightspeed at a $32 billion valuation—bringing total funding to $2 billion—gives Ramp a war chest to outlast competitors on pricing, compliance headcount, and geographic expansion. Europe is a particular strength; with MiCA providing regulatory clarity, Ramp's established presence positions it to capture market share as institutional comfort with crypto grows. Every wallet that embeds Ramp reduces churn risk—once integrated, the switching cost is non-trivial. As crypto adoption broadens beyond early adopters, the on-ramp layer becomes the tollbooth for the entire ecosystem, and Ramp is one of only three players with meaningful scale.

Bear case

On-ramps are structurally a low-margin commodity business. Ramp, MoonPay, and Transak all offer functionally identical APIs; the core differentiator is who charges less per transaction. That dynamic pushes fees toward zero over time, making the $32 billion valuation hard to square with the underlying unit economics—especially without public revenue disclosure to validate the multiple. Ramp does not own the end user. The wallets and dApps that integrate its SDK control the customer relationship and can swap providers with minimal friction if a competitor undercuts pricing or offers better conversion rates. Regulatory risk is asymmetric: KYC/AML obligations fall heavily on on-ramp operators, and a single enforcement action in a major market could freeze revenue pipelines overnight. Meanwhile, centralized exchanges like Coinbase increasingly embed on-ramp functionality directly, threatening to disintermediate standalone providers entirely. With $2 billion raised, the pressure to deliver an exit that justifies that capital is immense—and the window may not stay open.

Generated by deepseek-v4-pro · May 2, 2026Refreshes quarterly · see disclosures

In the news

TechCrunch Fintech5/7/2026
Ramp in talks to hit $40B+ valuation, 6 months after reaching $32B
Ramp in advanced fundraising talks for $750M at $40B+ valuation, up 25% in six months.

Watch

Leadership

Szymon Sypniewicz

Co-Founder, Advisor and Board Member

Przemek Kowalczyk

CEO & Co-Founder

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Products

Ramp Widget / SDK
A developer-friendly, embeddable widget and SDK that lets any Web3 app or platform offer fiat-to-crypto on-ramp and crypto-to-fiat off-ramp capabilities directly within their interface. Supports 100+ cryptocurrencies across 35+ blockchain networks, enabling users to buy and sell crypto using debit/credit cards, Apple Pay, Google Pay, and bank transfers. The non-custodial solution handles KYC/AML compliance, payment processing, and liquidity, allowing partners to focus on their core product while offering seamless crypto access to millions of users worldwide.
Ramp Instant
A decentralized network of market makers that enables instant crypto purchases by sourcing liquidity from a distributed pool of sellers rather than relying solely on Ramp's own inventory. This product reduces settlement times and increases capacity for large-volume transactions, making it ideal for platforms that need to onboard users at scale without delays. By tapping into third-party liquidity providers, Ramp Instant improves price competition and ensures high availability even during periods of peak demand across multiple blockchain ecosystems.
Ramp App
A consumer-facing mobile app that allows users to buy, sell, swap, and hold cryptocurrencies directly without needing a centralized exchange. Available across 15+ blockchain networks, the app enables self-custodial crypto management with features like recurring buys, rewards in USDC for exploring the platform, and express checkout. The app differentiates itself by prioritizing a simplified user experience that abstracts away blockchain complexity, making it accessible to mainstream users who want to enter Web3 without managing seed phrases or navigating multiple exchange platforms.

Most recent patents

9 patents on file, but none with both an extractable figure and an abstract on Google Patents yet.

Open roles

No live openings right now, or the job board API is temporarily unreachable. The company's careers page has the latest.

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