Zip Named to Forbes Fintech 50 for Second Consecutive Year

Zip's AI platform for enterprise procurement solidifies its rise from newcomer to category leader

Published on Feb. 25, 2026

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Zip, the AI platform for enterprise procurement, has been named to the 2026 Forbes Fintech 50 list for the second consecutive year. The annual list recognizes the most innovative private companies transforming finance through technology. Zip's recognition caps a breakout year that saw the company introduce specialized AI agents to automate high-value tasks across procurement, finance, legal, IT, and security, and be named a Visionary in the Gartner® Magic Quadrant™ for Source-to-Pay Suites.

Why it matters

Zip's AI platform is disrupting the enterprise procurement industry, which has seen little innovation in decades. The company's agentic procurement orchestration approach is helping the world's largest enterprises automate approvals, cut cycle times, and deliver real, measurable results at scale.

The details

Zip's AI platform has saved customers more than $6 billion and processed hundreds of billions in spend across more than 7 million suppliers. The launch of over 50 specialized AI agents last summer deepened those capabilities significantly. OpenAI now saves 1,400 hours annually with Zip, Canva has boosted procurement productivity 250%, and Dollar Tree has identified more than $100 million in savings.

  • Zip was named to the 2026 Forbes Fintech 50 list.
  • Zip introduced specialized AI agents that autonomously handle high-value tasks across procurement, finance, legal, IT, and security in the past year.
  • Zip was named a Visionary in the Gartner® Magic Quadrant™ for Source-to-Pay Suites in the past year.

The players

Zip

The leading AI platform for enterprise procurement.

Rujul Zaparde

Co-founder and CEO of Zip.

Forbes

The media company that compiles the annual Fintech 50 list.

Gartner

The research and advisory firm that publishes the Magic Quadrant for Source-to-Pay Suites.

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What they’re saying

“Supplier spend is the second largest expenditure most companies make, yet it hasn't been disrupted in decades. It requires multiple teams and dozens of systems, not to mention a tremendous amount of manual work, making it prime for AI transformation. The world's largest enterprises are already using Zip's AI platform to automate approvals, cut cycle times, and deliver real, measurable results at scale.”

— Rujul Zaparde, Co-founder and CEO of Zip (BusinessWire)

“Zip's AI eliminates the busy work but also goes much further, synthesizing insights and flagging opportunities that a CFO actually cares about. We're lifting procurement from back-office reporting into a strategic lever for finance, and we're just getting started.”

— Rujul Zaparde, Co-founder and CEO of Zip (BusinessWire)

What’s next

Zip plans to continue expanding its AI platform and customer base, with a focus on delivering even more value and insights to enterprise procurement teams.

The takeaway

Zip's recognition as a Forbes Fintech 50 company for the second year in a row underscores its position as a leader in the enterprise procurement space, as its AI-powered platform helps the world's largest companies automate and optimize their supplier spend management.