Navan Named to CNBC’s World’s Top Fintech Companies 2024 List

Navan Named to CNBC’s World’s Top Fintech Companies 2024 List

The Navan Team

10 Jul 2024
3 minute read
CNBC: World's Top Fintech Companies

We are thrilled to announce that Navan has been recognized on CNBCs prestigious list of the World's Top Fintech Companies for 2024. This accolade is a testament to our relentless dedication to innovation, customer satisfaction, and excellence in the fintech industry.

The Worlds Top Fintech Companies 2024 list is a comprehensive analysis of the leading companies that are driving the fintech revolution in payments, digital banking, and emerging fields like generative AI. From established players to emerging stars, these companies are driving change and making a significant impact.

Navan was named to the Business Process Solutions list, which CNBC describes as "companies that offer finance-related and technology-based products and services that aim to assist businesses in enhancing and automating their processes and financial workflows.”

CNBC highlighted Navan as an “editor’s pick” on the list:

CNBC Top Fintech Editors Pick Callout

CNBC selected standout companies from each market segment for their newsworthiness, and Navan was handpicked for this honor.

A Rigorous Evaluation Process

The winners list was curated with help from independent market research firm Statista. The process of selecting the top fintech companies was exhaustive and rigorous — ensuring that only the best of the best made the cut.

This year’s report identified fintech companies spanning eight different segments. overarching KPIs contributed 40% to the final score, while segment-specific KPIs contributed 60%.

The segment-specific KPIs were derived from two primary research methods:

  • Collection of Publicly Available Data Points: Extensive research was conducted to analyze KPIs for over 2,000 eligible companies. This involved scrutinizing publicly available sources such as annual reports, company websites, and media monitoring, ensuring a thorough evaluation of each company's performance in the fintech sector.
  • Open Online Application: Over 100 companies were also given the opportunity to submit relevant KPIs through an open online application process. Promoted on the CNBC website, this allowed companies to directly showcase their achievements and innovations.

The companies achieving the highest scores in their respective market segments were recognized as the World’s Top FinTech Companies.

Being named to CNBC's World's Top Fintech Companies 2024 list is an honor that reflects Navan's commitment to delivering cutting-edge financial solutions and exceptional service to our clients. Our inclusion in this esteemed list underscores our leadership in the fintech space and our dedication to pushing the boundaries of what is possible in financial technology.

We extend our gratitude to our dedicated team, loyal clients, and supportive partners who have been instrumental in our journey. This recognition motivates us to continue striving for excellence and to innovate even further, ensuring that we remain at the forefront of the fintech industry.

Looking Ahead

As we celebrate this achievement, we remain focused on our mission to provide unparalleled financial technology solutions. We are excited about the future and are committed to continuing our efforts to drive innovation, enhance customer experiences, and contribute to the growth and evolution of the fintech industry.

Thank you for being part of our journey. Together, we will continue to achieve great things.

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