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Company pair · Fintech
VS

Ramp vs Trade Republic: Valuation, Funding, Trajectory

Fintech Both private US · DE No Canborsa market

This comparison puts Ramp next to Trade Republic within fintech on size, funding and trajectory.

On this pageSide by sideValuation marksWhat each disclosesVerdictFAQ
RampPRIVATE · US
Trade RepublicPRIVATE · DE
VS
Last valuation$44B$13.5B
Basis Post-money Tender
As ofJun 2026Dec 2025
Founded20192015
Employees≈1,200≈1,100
On CanborsaNo marketNo market
At a glance
$44B
RampPost-money, Series F · Jun 2026
$13.5B
Trade RepublicTender, Secondary share sale · Dec 2025
Different bases — the numbers stay side by side
Gap
0 of 2
On CanborsaNeither company has a market
VS
Head-to-head · field by field

Ramp vs Trade Republic — side by side

Field
RampPRIVATE · FOUNDED 2019
Trade RepublicPRIVATE · FOUNDED 2015
VS
Last valuation
$44B Post-money
$13.5B Tender
Valuation date
4 Jun 2026
17 Dec 2025
Valuation basis
Post-money
Tender
Latest round
Series F
Secondary share sale
Round lead
ICONIQ, GIC
Founders Fund, Sequoia Capital
Named investors
Founders Fund Lightspeed Venture Partners Bessemer Venture Partners 1789 Capital
Sino AG Creandum Project A Ventures Accel
Founded
2019
2015
Employees (est.)
≈1,200
≈1,100
Sector & HQ
Financial technology (corporate cards and spend management) · 🇺🇸 US
Fintech (online broker and digital bank) · 🇩🇪 DE
Status & market
Private — no Canborsa market
Private — no Canborsa market
Valuation · both companies on one scale

Valuation marks

Each bar is the last disclosed mark — $44B for Ramp (post-money, Jun 2026) and $13.5B for Trade Republic (tender, Dec 2025).

Ramp
$44BPost-money · Jun 2026
Trade Republic
$13.5BTender · Dec 2025
RAMP · $44B · JUN 2026TRADE REPUBLIC · $13.5B · DEC 2025
Ramp vs Trade Republic · what each company discloses

What each company discloses, and what it leaves out

RampPRIVATEFintech · US · 2019
+Last disclosed mark $44B — post-money, Jun 2026.
+Founded 2019 .
+≈1,200 employees.
+Latest round: Series F, $750M raised, led by ICONIQ.
Trade RepublicPRIVATEFintech · DE · 2015
+Last disclosed mark $13.5B — tender, Dec 2025.
+Founded 2015 .
+≈1,100 employees.
+
Verdict

Verdict

The $44B tells you…
What an investor paid for newly issued shares — a primary round, priced post-money.
How much capital arrived with it:$750M, led by ICONIQ in Jun 2026.
A dated print: it moves only when a newer round is announced.
The $13.5B tells you…
What buyers paid for shares that already existed — existing shares changed hands in a tender.
The size of that transaction is undisclosed.
Existing shares moved between holders; the company's balance sheet stayed unchanged.

A post-money print and a tender print are priced by different buyers under different terms, so the two numbers stay side by side, each with its own chip, and no ratio is scored. Both are private: there is no public quote and no Canborsa market on either name.

Frequently asked questions

What sector is Ramp in compared to Trade Republic?›

Ramp's sector is Financial technology (corporate cards and spend management); Trade Republic's sector is Fintech (online broker and digital bank).

What is Ramp's valuation versus Trade Republic's?›

Ramp is valued at $44B, and Trade Republic at $13.5B.

How much capital have Ramp and Trade Republic raised in total?›

Ramp has raised $4.2B in total; Trade Republic has raised $995.5M.

Which investors backed Ramp and Trade Republic?›

Ramp's lead investors include ICONIQ and GIC, and Trade Republic's include Founders Fund and Sequoia Capital.

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