For Fintech's Sake

News(ish) #3: Bill.com + Divvy Merger Breakdown with Eric Glyman, CEO @ Ramp

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Sinopse

Welcome to our third News(ish) Breakdown with Lindsay Davis and Zach Anderson Pettet. Lindsay is the Head of Markets at Atomic and an all around fintech expert. We have a guest this week! Eric Glyman (CEO at Ramp) joins us to dig into the impending merger between Bill.com and Divvy. Though 2020 was an outlier with companies cutting spend during lockdowns to preserve cash and extend runway, the market is massive and on pace to come back as the country prepares to return to work with hybrid business operations. Below are few highlights from the conversation. Our conversation covers: How to differentiate corporate cards targeting tech startups, small businesses, and enterprise businesses Patterns of corporate card spending and savings during the first phased of the COVID-19 pandemic Our outlook, on http://bill.com/ (Bill.com)’s definitive agreement to buy Divvy in a cash and stock deal worth $2.5B Ramp’s “no founder liability,” plans to consolidate the financial software stack, and what’s on the roadmap fo