Ramp vs Stripe

Ramp is now live in the UK

Ramp announces its expansion into the UK market, marking a significant international growth milestone.

Ramp Launches in UK, Launches AI Token Spend Platform

US expense management startup Ramp has launched in the UK, its first market outside North America, following its acquisition of Swedish payments firm Billhop. Ramp, which competes with Brex, offers a unified platform for payments, corporate cards, vendor management, and automated bookkeeping. The company has onboarded UK customers since the summer, including ElevenLabs and Attio, and is highlighting its AI token spend intelligence tools. Ramp reports AI spending among its customers has grown 21 times since June 2025. It also announced a collaboration with Visa to support its UK corporate card offering.

• Ramp launched in the UK, its first market outside North America.
• Ramp acquired Swedish payment infrastructure firm Billhop earlier this year.
• Ramp raised $750 million at a valuation of $44 billion in June 2026.

Khosla Ventures Opens First New York Office on 14th Street

Khosla Ventures, a prominent Silicon Valley venture capital firm, is expanding to New York with its first office outside Sand Hill Road. The new outpost on 14th Street is expected to open this fall, according to partner Keith Rabois. The office will house several investors and feature an 'executive briefing center' where portfolio companies can meet with Fortune 500 companies. Rabois discussed talent density in New York, noting strong junior talent but challenges in hiring senior executives due to commuting. The move follows his relocation to the East Coast and comes as a CBRE report shows New York overtaking the Bay Area in tech talent headcount.

• Khosla Ventures is opening its first office outside Sand Hill Road in New York on 14th Street, expected this fall.
• The office will include an 'executive briefing center' for portfolio companies to meet with Fortune 500 companies.
• Keith Rabois confirmed the opening at TechCrunch's StrictlyVC event in New York.

New trends in global card fraud: How 3D Secure and regional mandates are affecting risk

We analyzed billions of transactions on Stripe from January 2022 to March 2026 to understand how card fraud patterns differ by region and country, what's driving those differences, and how businesses can respond.

Stripe on Agentic Commerce: Can AI Agents Buy From You?

The article discusses a conversation between the author and Emily Sands, Stripe's Head of Data & AI, about the challenges of agentic commerce. It highlights a case where Cursor faced issues with AI agents abusing free trials, which Stripe's fraud detection (Radar) couldn't handle. The discussion explores how fraud rules are distribution decisions, the role of spending limits, and why Stripe acquired OpenRouter to better understand task costs. The article also touches on pricing strategies for AI agents and introduces a library MCP for subscribers.

• Stripe's Emily Sands discussed agentic commerce challenges with the author.
• Cursor complained that Stripe's Radar fraud detection couldn't handle AI agents abusing free trials.
• Stripe acquired OpenRouter to connect task costs to earnings.

Pulley Cap Table Platform Shuts Down, Partners with Carta

Pulley, a cap table management platform and rival to Carta, announced it is shutting down, with final operations ending December 8. The company, founded by Yin Wu in 2020, raised over $50 million from investors including General Catalyst, Stripe, and Founders Fund. Pulley will partner with Carta to transfer customers and redirect prospective clients. No official reason was given, but a former employee speculated that competition from spreadsheets and AI tools for maintaining them reduced Pulley's market need. Founder Yin Wu expressed gratitude to the team and backers, indicating the team may pursue new ventures.

• Pulley announced shutdown with final day of operations on December 8.
• Pulley partnered with rival Carta to offload existing customers.
• Pulley raised over $50 million from General Catalyst, Stripe, and Founders Fund.