The partnership evolves Ramp’s established cashback program into a more flexible offering that is set to meet customer needs and strengthen Ramp’s overall value proposition. By connecting to Ascenda’s global rewards ecosystem, Ramp customers can transfer rewards to a broad selection of highly desired frequent traveler programs globally, including Air France-KLM Flying Blue, British Airways Executive Club, Marriott Bonvoy®, Qatar Airways Privilege Club, and Wyndham Rewards.

"We believe businesses deserve more from their financial services software and are committed to saving them time and money," said Colin Kennedy, Chief Business Officer at Ramp. "Customers want more ways to redeem points on every dollar spent, with rewards that are relevant to their bottom line and their employees. By partnering with Ascenda, we’re able to provide flexibility with control - which is embedded in everything we do - to allow businesses to redeem in ways that work for them without any wasteful spend."

"Our partnership with Ramp is setting a new standard for the industry," said Madeline O’Connor, SVP Strategic Clients at Ascenda. "By offering Ramp more ways to unlock value through their rewards program, they’re differentiating themselves from competitors with a premium proposition, enabling them to acquire more customers as well as drive higher usage and retention from existing customers."