Paystand Expands Blockchain Tech Across the Americas; Joins Ranks with the World’s Most Prominent Financial Innovators
SANTA CRUZ, Calif.--(BUSINESS WIRE)--Paystand, the global leader in blockchain-enabled payments and financial services, has broken into CNBC/Statista’s list of the world’s 300 top fintech companies. Identified by CNBC in 2018 as one of the top 100 promising startups to watch, the company has now made the leap to the CNBC/Statista list of elite fintechs globally.
Paystand was specifically ranked among the top 75 companies globally in the payments category, recognizing Paystand’s market role as a blockchain-based payments company that is reshaping how money moves between businesses.
The CNBC/Statista list is an annual ranking of the top global fintech companies based on in-depth research into relevant KPIs for more than 2,000 eligible companies. The 2025 list includes Stripe, valued at $91+ billion, and Klarna. The payments category accounts for 25% of the companies included. Of the 75 companies highlighted on the Payments list, Paystand and 23 others made the list for the first time.
According to Statista data, the fintech industry has transformed the global financial landscape over the last decade, and while investment activity has slowed in the segment over the last two years, the number of global fintech users reached 3 billion in 2024.
Paystand’s technology harnesses the power of the bitcoin blockchain to provide digital alternatives that align with decentralized finance. By helping customers move away from the manual work of checks and the heavy fees of credit cards, it can cut customers’ costs by 50% or more and they get the added benefit of receiving their cash 30% faster, while also automating reconciliation processes.
“We’re honored to be named to CNBC’s Top Global Fintech list and proud of the trajectory that brought us here—from the 2018 Startups to Watch list to powering the largest on-chain use case in B2B payments today,” said Jeremy Almond, CEO of Paystand. “While most fintechs chase capital, we’ve built capital-efficient, decentralized infrastructure that helps businesses in the real economy escape the predatory nature of the legacy financial system.”
To date, the company has processed more than $14 billion on its network, all without transaction fees. Last year, Paystand acquired TeamPay and extended its reach to more than 1 million payers.
“This isn’t just a win for us,” Almond continued. “It’s a milestone in the quiet revolution toward a Bitcoin-native, open financial network that drives economic empowerment for companies and people alike.”
Paystand has achieved numerous recent milestones, including:
- Expansion into Canada—rolling out all Paystand platform benefits to Canadian users, including the EFT rail (like ACH for the U.S.)
- Deep ERP integrations with Acumatica and Microsoft Dynamics Business Central, following integrations with NetSuite and Sage Intacct
- New ZeroCheck solution that gives businesses tools to transition their check-paying customers to digital users by allowing them to photograph checks and convert the payments to digital payments
- New AI Smart Match, Paystand’s novel AI that automatically detects and reconciles externally made direct deposits straight into the ERP
Founded on blockchain and Bitcoin, Paystand has pioneered the rollout of a corporate Bitcoin strategy and is benefitting from additional opportunities in a more positive regulatory environment. Also, the company is making bitcoin investments via its philanthropic organization, Paystand.org, which promotes financial inclusion via blockchain and Bitcoin, fostering equitable finance and circular economies in underserved communities.
In addition to processing billions in payments with its proprietary Assurety blockchain ledger, today Paystand is already enabling employee compensation in bitcoin as well as developing company-wide Bitcoin education.
Complete results of the CNBC/Statista rankings can be found here.
About Paystand
Paystand is the largest blockchain-enabled network for zero-fee B2B receivables, payables, and payments. Driven by its commitment to a resilient and decentralized financial ecosystem, Paystand is on a mission to digitize receivables, automate payment processing, reduce time-to-cash, eliminate transaction fees, and unlock new revenue opportunities across the U.S., LATAM, and Canada. For more information about Paystand, visit us at paystand.com. Follow our blog, and connect with us on X and LinkedIn.
Contacts
Media Contact:
Erica Zeidenberg
PR for Paystand Inc.
erica@hottomato.net
925-518-8159