Finance

Strategies for Adding Value: How Ramp’s Early Adoption of Stablecoins Increased their Corporate Treasury Returns

Apr 20th, 2022 @10:00 am
Facta and Ramp are two fintech companies leading the way in finding opportunities for finance leaders to become more strategic, and create significant value for their organizations.

Full Description

Speakers

David Ingraham

CEO Facta
Dave is a founder and the CEO of Facta, a company that sells software and services to help SaaS companies gain financial clarity into their businesses by automating finance and accounting processes. Dave has over two decades of finance experience investing in, managing and supporting technology and media companies. Dave’s investing experience includes tenure at M/C Partners and Veronis Suhler Stevenson, which together managed $4B of capital as lead investors in companies looking for venture, growth equity, and leveraged capital. Dave has invested in and managed companies representing $280M of invested equity and a combined enterprise value of $1.5B, and worked on $1B of financial transactions. Dave earned an MBA of UC Berkeley and graduated with honors from Skidmore College with a B.A. in Psychology. Since 2015, Dave has served as a board member, Executive Committee member, Finance Committee member, and Development Committee Chairperson of Aim High, a Bay Area non-profit summer learning program that has serves over 2,000 students annually.

Alex Song

Head of Finance and Capital Markets Ramp
Alex Song is the Head of Finance and Capital Markets at Ramp, a corporate credit card issuer and expense management company based in New York. Prior to joining Ramp in 2020, he spent more than a decade as a private credit and structured credit investor in the hedge fund industry, working at firms including Sculptor Capital Management, Crayhill Capital Management, Bain Capital, and Morgan Stanley. Alex holds two degrees from Stanford, in Biomechanical Engineering and in Economics. He also holds a Master of Business Administration from Harvard Business School. Alex is a CFA charterholder.

Strategies for Adding Value: How Ramp’s Early Adoption of Stablecoins Increased their Corporate Treasury Returns

Facta and Ramp are two fintech companies leading the way in finding opportunities for finance leaders to become more strategic, and create significant value for their organizations.  Dave Ingraham is the CEO of Facta, a company that provides autonomous finance and accounting software and services to mid-sized SaaS companies.  Facta has been working with Ramp, the corporate spend management provider, since their Series A round.  Since then, Ramp has raised over $1.3B and become one of the fastest companies ever to reach $100M of ARR.  Dave will talk to Alex Song, Ramp’s Head of Finance at Ramp, about some of the potential risks and rewards associated with their decision to allocate a portion of their $600M of cash to USDC / Stablecoin.

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