Zip Named to CNBC's World's Top Fintech Companies 2025
Zip named to @CNBC World's Top #Fintech Companies 2025 in Enterprise Fintech category alongside Visa, Stripe, and other industry leaders
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'Being recognized by CNBC validates our belief that procurement is no longer seen as a back-office function, it's become mission-critical for the financial health of every global enterprise,' said Rujul Zaparde, Co-founder and CEO of Zip. 'In just five years, we've gone from a startup to the platform trusted by the world's largest companies to manage their most complex purchasing decisions.'
Zip's selection in the Enterprise Fintech category – which recognizes companies delivering technology-driven solutions for financial institutions and businesses – comes as Zip experiences unprecedented growth, driven most recently by its June 2025 launch of its agentic AI suite that allows companies to autonomously handle complex procurement tasks. Zip's specialized agents, each focused on a single function like tariff analysis, contract review, or compliance checking, are helping Fortune 500 companies eliminate millions of hours of manual work while reducing risk and driving savings.
The platform's impact on enterprise operations has been profound:
Customers average 3.6% in annual spend savings
Companies gain 25% in productivity through automated workflows
Snowflake alone has saved $305 million annually using Zip
Discover Financial increased procurement throughput by 67%
The platform maintains 100% retention across strategic enterprise customers
Since its founding in 2020, Zip has redefined enterprise procurement, growing from a simple intake solution to a comprehensive orchestration platform processing billions in corporate spending. The company's October 2024 Series D funding of $190 million at a $2.2 billion valuation – the largest investment in procurement technology in over two decades – underscored investor confidence in Zip's vision.
Today, Zip serves many of the world's largest and most innovative companies, including AMD, Anthropic, Discover, Northwestern Mutual, OpenAI, Reddit, Sephora, and Snowflake. As supply chain disruptions, inflation, and tariffs continue to challenge global businesses, these enterprises rely on Zip to transform procurement from a cost center into a strategic advantage.
To learn more about Zip, visit ziphq.com.
About CNBC's World's Top Fintech Companies
The World's Top Fintech Companies list, produced annually by CNBC and market research firm Statista, recognizes companies transforming financial services through technology innovation. The comprehensive evaluation process analyzes both general and segment-specific KPIs to identify leaders across seven fintech categories including payments, neobanking, digital assets, and enterprise fintech. The 2025 list evaluated over 2,000 companies between February and May 2025. The United States leads with 126 companies on the list, followed by the U.K. with 38 and Singapore with 16.
About Zip
Zip is the world's leading agentic procurement orchestration platform, empowering businesses to accelerate the procurement process, mitigate risk, and drive growth by offering a single front door to unify the teams, tasks, and tools involved in working with suppliers. With Zip, businesses can maximize employee adoption of purchasing policies and increase spend visibility and control. As the leading solution for optimizing business spend, Zip's AI-powered platform is trusted by hundreds of leading enterprises worldwide, including AMD, Anthropic, Coinbase, Discover, Dollar Tree, Instacart, Invesco, Lyft, Northwestern Mutual, OpenAI, Prudential, Reddit, Sephora, and Snowflake to maximize the ROI of every dollar. To learn more, visit ziphq.com.
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