June 21 (Cointime) - Web3 payments startup Ramp has expanded its services to include 40 more global currencies, allowing customers to convert into crypto using something they are familiar with and avoid fees for exchanging foreign currencies. The company's technology is now available in over 150 countries, including South America where Ramp is keen to expand, particularly in Brazil where the central bank has a friendly stance towards crypto.

Ramp CEO Szymon Sypniewicz said the company intends to focus on competing with traditional players by offering a smooth user experience, including a one-click onboarding process for anyone anywhere in the world. Despite the cost-prohibitive nature of tackling cross-border payments, Ramp is continuing to navigate regulations and build out features.