Not yet three years old, New York-based Ramp Business Corporation last month confirmed new financing of $750 million at a valuation of $8.1 billion. It announced that more than 5,000 businesses were on its platform, which "is powering over $5 billion of annualized payments volume."

It's a tech firm that offers payments rather than a card company that builds tech. Ramp, Visa and card issuers Sutton Bank or Celtic Bank each take some of the roughly 2 percent fee paid by merchants on card spending, with 1.5 percent earmarked as cash back . . .

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