Ramp seeks bank charter
Ramp applied with the Office of the Comptroller of the Currency for a national trust bank charter last week.
https://www.bankingdive.com/news/ramp-applies-national-trust-bank-charter-occ-fintech-icba/833434/
Banking DiveRamp applies for national trust bank charter from OCCThe fintech announced last week it had raised $1.85 billion in a funding round. Ramp's application comes after a banking trade group sued the OCC over the recent influx of trust charters.