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Ripple Named in CNBC’s Top 2025 Fintech Firms Worldwide
CNBC has included Ripple in its 2025 ranking of the world’s top fintech companies, marking the company’s third consecutive year on the list. The acknowledgement is a testament to Ripple’s continued commitment to building the Internet of Value and transforming how money moves around the world.
This recognition comes at a pivotal moment for the fintech industry, as global investment in fintech declined by 20% in 2024 to reach $95.6 billion. Nevertheless, technological advancements are being maintained, with businesses like Ripple driving progress in areas such as digital payments and blockchain infrastructure.
Ripple’s blockchain-driven approach to cross-border payments has been instrumental in its success in the finance sector. The company’s flagship products, the XRP Ledger and RippleNet, are poised to accelerate and lower the cost of cross-border payments, becoming increasingly feasible options for banks and financial institutions’ legacy systems.
The acknowledgment by CNBC highlights Ripple’s commitment to establishing the Internet of Value, which introduces the seamless transfer of finances across borders as they would be transmitted over the internet. The fintech firm’s focus on financial infrastructure aligns with the rising need for real-time settlement, particularly in light of the emergence of stablecoins and tokenized assets.
CNBC’s list ranks more than 2,000 companies across seven market segments: Payments, Digital Assets, Neobanking, Alternative Financing, Enterprise Fintech, Insurtech, and Wealth Technology. The ranking criteria utilized to evaluate the firms includes revenue increase, user base growth, and product novelty.
This achievement follows a series of significant events unfolding for Ripple. On July 9, the company announced a partnership with BNY Mellon to manage reserves of RLUSD, its U.S. dollar-backed stablecoin. Additionally, Ripple made its $1.25 billion acquisition of Hidden Road and enhanced its institutional customer services. Furthermore, at the end of May, the U.S. Securities and Exchange Commission dismissed its appeal in a long-standing dispute with Ripple, bringing an end to a chapter of regulatory scrutiny.
The recognition by CNBC underscores Ripple’s extensive outreach within the crypto and conventional monetary spheres.
Source: cryptotale.org
