Balance, a financial infrastructure provider for physical B2B trade, said it has been named to CNBC’s World’s Top Fintech Companies list in the Payments category for the second consecutive year. The company said the recognition comes after a period of rapid growth as it continues to expand its enterprise footprint.

The annual ranking, produced by CNBC and Statista, is based on an in-depth analysis of more than 2,000 eligible fintech companies. Companies were evaluated using segment-specific performance indicators, making the list a comparative benchmark across fintech segments rather than a single measure of company size.

Balance said the recognition reflects its continued growth as companies across the physical B2B economy seek to modernize financial operations. In these markets, transactions often involve invoices, payment terms, buyer credit decisions, and reconciliation across multiple systems, which can make payment infrastructure more complex than consumer checkout flows. The company pointed to rising demand linked to the AI boom across power, cooling, manufacturing, and the broader supply chain, saying that trend has increased the need for financial systems designed for the complexity, scale, and pace of physical B2B trade.

Balance provides API-first infrastructure that brings payments, digital trade credit, credit risk management, and AI-native Order-to-Cash capabilities into one composable layer. The company said global technology platforms, distributors, and industrial enterprises use its platform to support complex trade flows without building and integrating fragmented tools in-house.

Over the past year, Balance reported accelerated adoption among technology platforms and industrial enterprises, including work with companies such as GE Vernova, Alibaba.com, and US Electrical Services. It also cited adoption among leading businesses in the HVAC, defense, and semiconductors sectors.

“AI is transforming more than software, it is fueling a new wave of industrial growth and physical infrastructure,” said Bar Geron, CEO and Co-Founder of Balance. “The companies behind this revolution need financial infrastructure that can keep trade moving as demand scales. Balance is increasingly becoming that foundation across the physical economy. We’re proud to be recognized by CNBC for the second consecutive year as we continue building financial infrastructure for physical B2B trade.”