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Adyen is a Dutch payment company with the status of an acquiring bank that allows businesses to accept e-commerce, mobile, and point-of-sale payments. It is listed on the stock exchange Euronext Amsterdam.[2]

Adyen offers merchants online services to accept electronic payments. The technology platform acts as a payment gateway and a payment service provider.[3]

History

Adyen was founded in 2006 by Pieter van der Does, the current Co-CEO, and Arnout Schuijff.[4] Headquartered in Amsterdam, the company employs over 4,300 people in offices in twenty-three countries.[5]

In 2012, Adyen started to expand globally, opening its offices in San Francisco, Paris, and London. In the same year, it obtained its pan-European acquiring license.[6]

In 2015, Adyen achieved a valuation of $2.3 billion, making it the sixth-largest European unicorn.[7]

In 2016, it obtained an acquiring license in Brazil through a BIN sponsorship.[6]

In 2017, the company was granted a European banking license, which gave it the status of an acquiring bank.[8] It also obtained acquiring licenses in Singapore, Hong Kong, Australia, and New Zealand.[9][10]

In 2018, the company announced that it would be listing its shares publicly in Amsterdam.[11] The IPO took place on 13 June 2018.[12]

In 2019, Adyen opened new offices in Tokyo and Mumbai, and expanded its payment offering in Africa.[13] In the same year, it launched Adyen Issuing, a virtual and physical card-issuing business to complement payments services to merchants.[14]

In 2020, the company benefited from an accelerated digitalization of global ecommerce in the online retail segment, which compensated for the declining travel volumes in enterprises due to the COVID-19 pandemic. It launched mobile Android POS devices worldwide in the second half of the year.[15] In addition, it opened a new office in Dubai, expanding its offering in the Middle East.[16]

Growth

The company has been profitable since 2011.[17] In December 2014, the company announced a funding round of $250 million led by growth equity firm General Atlantic, joined by existing investors Temasek Holdings, Index Ventures, and Felicis Ventures.[18][19]

On January 31, 2018, eBay announced that it had signed an agreement with Adyen to become its primary payments processing partner. eBay began intermediation on a small scale in North America starting in the second half of 2018, expanding in 2019 under the terms of the operating agreement with PayPal. In 2021, eBay transitioned a majority of its marketplace customers to Adyen.[20]

In 2022, the company exceeded €1.3 billion in revenue.[21]

In the third quarter of 2025, the company reported net revenue of €598.4 million, equating to a 20% year-on-year increase.[22]

Adyen has launched a suite of Embedded Financial Products (EFPs), including Capital (business financing), Accounts (business banking), and Issuing (card creation).[23] In 2024, Adyen partnered with BILL, a leading financial operations platform for small and midsize businesses.[24]

The platform has also been selected by DICK’S Sporting Goods,[25] Vietnam Airlines,[26] and the e-commerce platform Temu.[27]

In 2025, the company reported $43 billion in payments processed through the platform.[28]

In 2025, Adyen announced the launch of Adyen Capital Canada,[29] offering embedded funding to Canadian businesses,[30] supporting their extension of short-term loans to small and medium-sized enterprises.[31]

See also

References

  1. ^ a b c d e f “Shareholder Letter H2 2024 – Adyen”.
  2. ^ “ADYEN | Euronext exchange Live quotes”. live.euronext.com. Retrieved 23 December 2022.
  3. ^ “Adyen: Our Story”. adyen.com. Retrieved 17 November 2020.
  4. ^ “Adyen on the Forbes Cloud 100 List”. Forbes. Retrieved 22 September 2017.
  5. ^ Parodi, Alessandro (13 February 2025). “Payments group Adyen’s shares surge on full-year profit beat”. Reuters. Retrieved 18 July 2025.
  6. ^ a b “Adyen Annual Report 2019”. Adyen. Retrieved 2 December 2020.[permanent dead link]
  7. ^ “The European unicorn unbanking the merchant”. Hot Topics. 26 October 2015. Archived from the original on 4 February 2016. Retrieved 27 October 2015.
  8. ^ “Dutch payments processor takes pan-European license to bypass banks”. Reuters. 26 June 2017. Retrieved 22 September 2017.
  9. ^ hermes (9 September 2017). “Payments tech provider targets Asia-Pac expansion”. The Straits Times. Retrieved 15 September 2017.
  10. ^ Finextra (7 September 2017). “Adyen expands direct credit card acquiring capabilities to include Singapore”. Finextra Research. Retrieved 15 September 2017.
  11. ^ “A Dutch payment giant backed by Mark Zuckerberg and used by Uber is going public”. Business Insider. Retrieved 25 May 2018.
  12. ^ “Adyen knalt omhoog na beursgang”. NU.nl (in Dutch). 13 June 2018. Retrieved 13 June 2018.
  13. ^ “Adyen expands its global payment offering to Africa”. Adyen. 13 June 2019. Retrieved 25 February 2026.
  14. ^ “Adyen keeps focus on organic growth as it launches cards product”. Reuters. 14 November 2019. Retrieved 2 December 2020.
  15. ^ “Shareholder letter H2 2020”. Adyen. Retrieved 10 February 2021.[permanent dead link]
  16. ^ “Dutch payment giant Adyen to expand into the Middle East, opens Dubai office”. Silicon Canals. 11 November 2020. Retrieved 10 February 2021.
  17. ^ “The next big payments IPO could be a fast-growing startup not named Stripe”. 12 April 2017. Retrieved 22 September 2017.
  18. ^ Chapman, Lizette. “Payment Startup Adyen Raises $250 Million at $1.5 Billion Valuation”. The Wall Street Journal. Retrieved 16 December 2015.
  19. ^ “Adyen Raises $250 Million in Funding to Accelerate Growth of Its Global Payments Platform”. General Atlantic website. Archived from the original on 21 July 2016. Retrieved 16 December 2015.
  20. ^ “EBay Rises to Record High on Shift to Adyen; PayPal Tumbles”. Bloomberg. 31 January 2018 – via www.bloomberg.com.
  21. ^ Adyen. “Adyen”. Adyen. Retrieved 26 July 2023.
  22. ^ Reuters, Thomson. “Adyen beats revenue estimates as payment volumes rise”. 104.1 WIKY | Adult Contemporary Radio. Retrieved 2 April 2026. {{cite web}}: |last= has generic name (help)
  23. ^ PYMNTS (30 April 2025). “Adyen Sees Growing Demand for Embedded Finance Offerings”. PYMNTS.com. Retrieved 2 April 2026.
  24. ^ Adyen. “Adyen Partners With BILL to Provide Advanced Card Issuing Capabilities”. www.prnewswire.com. Retrieved 2 April 2026.
  25. ^ “Adyen, DICK’S Sporting Goods partner to bring unified commerce to shoppers in the US”. thepaypers.com. Retrieved 2 April 2026.
  26. ^ “Vietnam Airlines uses Adyen’s network to process transactions globally”. thepaypers.com. Retrieved 2 April 2026.
  27. ^ “Adyen expands partnership with Temu to support South America expansion | Mi3”. www.mi-3.com.au. Retrieved 2 April 2026.
  28. ^ Toneguzzi, Mario (8 December 2025). “Adyen processes record $43 billion as Black Friday/Cyber Monday weekend sets new benchmark for global payments”. Retail Insider. Retrieved 2 April 2026.
  29. ^ Towner, Lauren (8 July 2025). “Adyen Launches Capital for Canadian Platform Customers”. FF News | Fintech Finance. Retrieved 2 April 2026.
  30. ^ Thomas, Knowlton (7 July 2025). “Adyen Launches ‘Capital’ to Help Businesses in Canada Access Funding Based on Sales Data”. Fintech.ca. Retrieved 2 April 2026.
  31. ^ “Adyen brings SME lending to platforms in Canada | The Paypers”. thepaypers.com. Retrieved 2 April 2026.