Ramp vs. Wise Business

Last verified 32 days ago · 17 sources · Updated automatically

Ramp and Wise Business compared across Company facts, Pricing, Card & limits, Rewards & cash back, Spend management, Security & compliance and Platform & integrations — every fact sourced and re-verified from each vendor's public material.

Ramp

Finance automation platform — a flat-cash-back charge card with strong controls, AI receipt matching, and bill pay, built to cut spend.

Founded2019

HQ New York, NY

Visit Ramp Full profile

Wise Business

Multi-currency business account with debit and expense cards, built around low-cost FX for international payments.

Founded2011

HQ London, United Kingdom

Visit Wise Business Full profile

Attribute

Ramp

Wise Business

Company facts

Headquarters

New York, NY Headquartered in New York City

London, United Kingdom

Employees

2.7k Approx. headcount, late 2025 (Revelio Labs workforce data)

5.5k 5,499 employees (2024)

Pricing

Starting Monthly Price (USD)

$0 Free plan ($0); card is free, Ramp earns on interchange

$0 No monthly software fee; one-time ~$31 account set-up fee

Paid Tier Price (USD/user/mo)

$15 Plus plan; 20% off with annual billing

—

Card & limits

Card Type

charge card Corporate charge card, paid in full each cycle (~30-day terms)

debit Multi-currency debit card funded by the Wise account balance

Card Network

Visa Runs on the Visa network

Visa

No Personal Guarantee

No personal credit check or personal guarantee

Balance-funded debit card; no personal guarantee or credit check

Limit Basis

cash balance & revenue Limit based on revenue or dollars raised

account balance Spend limited to available deposited balance; admins set per-card limits

Virtual Cards

Unlimited physical and virtual cards at no extra cost

Create digital cards instantly to separate expense types

No Foreign Transaction Fees

International transactions carry a Visa conversion markup up to 3%

No foreign transaction fees on card spend; mid-market rate, no FX markup

Rewards & cash back

Rewards Model

flat cash back Flat-rate cash back on all purchases (no category tiers/points)

none No cash-back or points rewards program

Spend management

Receipt Capture & Matching

AI receipt capture (SMS/email) auto-matched and coded to transactions

—

Approval Workflows & Policies

Configurable spend policies + approval routing; advanced routing on Plus+

Per-card spend limits and freeze controls only; no multi-step approval routing

Employee Reimbursements

Out-of-pocket reimbursements included; enhanced bulk processing on Plus+

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Bill Pay / AP

Bill pay / AP included (ACH, card, check, wire) on all tiers

Pay vendor bills/invoices; BatchTransfer sends up to 1,000 payments from a spreadsheet

Security & compliance

SOC 2

SOC 2 Type II (annual audits); also PCI DSS

SOC 2 Type II (also SOC 1 Type 2, PCI DSS, ISO 27001)

SSO (SAML)

SSO for Okta, Google, Microsoft Azure; included on Free per pricing

—

SCIM Provisioning

SCIM provisioning listed on pricing tiers

—

Platform & integrations

Accounting / ERP Sync

Native two-way sync to 40+ ERPs (NetSuite, Sage Intacct, QuickBooks, Xero)

Native sync to QuickBooks, Xero, NetSuite, Sage, FreeAgent, Zoho Books and more

Public API

Public developer REST API; docs at docs.ramp.com

Public Wise API: payments automation, conversions, balances; card issuing via Wise Platform

The verdict

Ramp

Best for spend control and built-in expense workflows

Ramp is the fuller spend-management platform here. It adds multi-step approval routing, AI receipt capture, and employee reimbursements that Wise lacks, plus flat cash back where Wise pays none. As a charge card limited by cash balance and revenue, it extends ~30-day terms rather than requiring a pre-funded balance. SSO/SAML and SCIM also ship. The Plus tier costs $15/user/mo.

Full profile

Wise Business

Best for international spend with no FX markup

Wise Business is the cheaper, FX-friendly pick. Its multi-currency debit card carries no foreign transaction fees and uses the mid-market rate, where Ramp adds a Visa markup up to 3%. There is no per-user software fee, only a one-time ~$31 setup. BatchTransfer sends up to 1,000 payments from a spreadsheet. The trade-off: no rewards, no receipt capture, and no multi-step approval routing.

Full profile

Sources · 17 verified references

ramp.com en.wikipedia.org reveliolabs.com wise.com support.ramp.com docs.ramp.com

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