Ramp launched Ramp for Nonprofits on October 21, 2026, a platform to help finance teams recover sales tax they should not have paid and keep spending in line with grant restrictions and donor intent. The tool covers cards, expenses, accounts payable, and accounting workflows. It routes purchases to the right owner, codes them to the right fund and program, and captures receipts and approval trails. Features include sales tax reclamation and exemption, grant budgets, grant manager approval routing, and a Grant Policy Agent that checks spend against grant rules. Ramp says it already serves more than 13,000 nonprofits. The Jewish Fertility Foundation saved more than $45,000 in its first year, and Boys & Girls Clubs of America saves 50+ hours a month. A launch webinar takes place on November 10.

Ramp, the expense management fintech, has acquired Vesto, a New York-headquartered treasury management platform, for an undisclosed sum. Benjamin Döpfner founded Vesto in 2022. Its dashboard lets businesses view all their bank accounts in one place. Döpfner will join Ramp's product team. Ramp customers will be able to analyse Ramp checking and investment accounts alongside accounts from more than 12,000 other institutions, including Bank of America CashPro, JP Morgan Access, CitiDirect, and Wells Fargo Vantage. Vesto's technology will also help them forecast cashflow. The deal follows Ramp's application to the OCC for a national trust bank charter. A week earlier, Ramp raised $1.85 billion at a $60 billion valuation.