Archive — US — techcrunch
Ramp is trying to get the US government as a customer after seeing a tweet fromDOGE
Expense management startup Ramp is in consideration for a charge card pilot program worth up to $25 million with the U.S. government's General Services Administration. The initiative aims to improve spending efficiency in the federal sector, motivated by prior advocacy for governmental efficiency reforms. Ramp's technology has claimed to have saved billions in waste across economies.
Key points
- Ramp is vying for the U.S. government's SmartPay charge card pilot program, estimated at $25 million.
- The SmartPay program aims to manage a $700 billion expense card initiative effectively.
- Ramp has been advocating for government engagement since January, linking their efforts to the new Department of Government Efficiency.
- Investors in Ramp include major figures connected to Trump and tech leaders like Elon Musk, indicating strong political ties.
- Ramp claims its services prevent significant waste in spending, positioning themselves as a cost-saving alternative for government operations.
Why it matters
- The initiative connects to broader 2025 IT trends focusing on increasing efficiency and reducing waste in government spending.
- Previous governmental expenditure improvement programs have struggled to curtail waste, highlighting a need for innovative solutions.
- The collaboration between tech startups and government is seen as part of a growing trend seeking to revolutionize public services through technology.
Ramp's potential partnership with the U.S. government showcases a growing trend of leveraging fintech to enhance governmental efficiency, reflecting an evolving relationship between technology and public services.