Company:Adyen

From HandWiki
Adyen N.V.
TypeNaamloze vennootschap
IndustryPayment processor, technology, e-commerce, point of sale
Founded2006; 20 years ago (2006)
Founders
  • Arnout Schuijff
  • Pieter van der Does
Headquarters
Amsterdam
,
Netherlands
Key people
  • Pieter van der Does (CEO)
ServicesPayment service provider, gateway, risk management, local acquiring, point of sale, issuing
RevenueIncrease 1.996 billion (2024)[1]
Increase €925 million (2024)[1]
Total assetsIncrease €11.425 billion (2024)[1]
Total equityIncrease €4.232 billion (2024)[1]
Number of employees
4,345[1] (2024)
Websiteadyen.com
Footnotes / references
[1]

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

  • List of banks in the Netherlands

References

  1. 1.0 1.1 1.2 1.3 1.4 1.5 "Shareholder Letter H2 2024 - Adyen". https://investors.adyen.com/financials/h2-2024. 
  2. "ADYEN | Euronext exchange Live quotes". https://live.euronext.com/en/product/equities/NL0012969182-XAMS/adyen/adyen/quotes. 
  3. "Adyen: Our Story". adyen.com. https://www.adyen.com/about. 
  4. "Adyen on the Forbes Cloud 100 List". https://www.forbes.com/companies/adyen/. 
  5. Parodi, Alessandro (2025-02-13). "Payments group Adyen's shares surge on full-year profit beat" (in en). Reuters. https://www.reuters.com/business/finance/adyen-posts-full-year-profit-above-expectations-2025-02-13/. 
  6. 6.0 6.1 "Adyen Annual Report 2019". Adyen. https://www.adyen.com/investor-relations/publication-annual-report-2019. 
  7. "The European unicorn unbanking the merchant". 26 October 2015. https://www.hottopics.ht/stories/finance/adyen-european-unicorn-merchant/. 
  8. "Dutch payments processor takes pan-European license to bypass banks". Reuters. 26 June 2017. https://www.reuters.com/article/us-banking-payments-adyen/dutch-payments-processor-takes-pan-european-licence-to-bypass-banks-idUSKBN19E1Y2. 
  9. hermes (9 September 2017). "Payments tech provider targets Asia-Pac expansion" (in en). The Straits Times. http://www.straitstimes.com/business/payments-tech-provider-targets-asia-pac-expansion. 
  10. Finextra (2017-09-07). "Adyen expands direct credit card acquiring capabilities to include Singapore" (in en). Finextra Research. https://www.finextra.com/pressarticle/70596/adyen-expands-direct-credit-card-acquiring-capabilities-to-include-singapore. 
  11. "A Dutch payment giant backed by Mark Zuckerberg and used by Uber is going public". Business Insider. http://www.businessinsider.com/adyen-netflix-uber-ipo-amsterdam-2018-5. 
  12. "Adyen knalt omhoog na beursgang" (in nl). 13 June 2018. https://www.nu.nl/beurs/5310503/adyen-knalt-omhoog-beursgang.html. 
  13. "Adyen expands its global payment offering to Africa". Adyen. 13 June 2019. https://www.adyen.com/press-and-media/adyen-expands-its-global-payment-offering-to-africa. 
  14. "Adyen keeps focus on organic growth as it launches cards product". Reuters. 14 November 2019. https://www.reuters.com/article/idUSL8N27U5D7. 
  15. "Shareholder letter H2 2020". Adyen. https://www.adyen.com/investor-relations/h2-2020#section0. 
  16. "Dutch payment giant Adyen to expand into the Middle East, opens Dubai office". Silicon Canals. 11 November 2020. https://siliconcanals.com/news/startups/fintech/adyen-to-expand-into-the-middle-east/. 
  17. "The next big payments IPO could be a fast-growing startup not named Stripe". 12 April 2017. https://www.recode.net/2017/4/12/15268326/adyen-2016-revenue-ebitda-profits-financial-results-ipo. 
  18. Chapman, Lizette. "Payment Startup Adyen Raises $250 Million at $1.5 Billion Valuation". The Wall Street Journal. https://blogs.wsj.com/venturecapital/2014/12/16/payment-startup-adyen-raises-250-million-at-1-5-billion-valuation/. 
  19. "Adyen Raises $250 Million in Funding to Accelerate Growth of Its Global Payments Platform". http://www.generalatlantic.com/media/archive/adyen-announces-investment-from-general-atlantic/. 
  20. "EBay Rises to Record High on Shift to Adyen; PayPal Tumbles". Bloomberg. 31 January 2018. https://www.bloomberg.com/news/articles/2018-01-31/ebay-to-ditch-paypal-for-dutch-processor-adyen-lowering-costs. 
  21. Adyen. "Adyen" (in en). https://investors.adyen.com/. 
  22. Reuters, Thomson. "Adyen beats revenue estimates as payment volumes rise" (in en). https://wiky.com/2025/10/29/adyen-beats-revenue-estimates-as-payment-volumes-rise/. 
  23. PYMNTS (2025-04-30). "Adyen Sees Growing Demand for Embedded Finance Offerings" (in en-US). https://www.pymnts.com/earnings/2025/adyen-sees-growing-demand-for-embedded-finance-offerings/. 
  24. Adyen. "Adyen Partners With BILL to Provide Advanced Card Issuing Capabilities" (in en). https://www.prnewswire.com/news-releases/adyen-partners-with-bill-to-provide-advanced-card-issuing-capabilities-302050381.html. 
  25. "Adyen, DICK'S Sporting Goods partner to bring unified commerce to shoppers in the US" (in en). https://thepaypers.com/payments/news/adyen-dicks-sporting-goods-partner-to-bring-unified-commerce-to-shoppers-in-the-us. 
  26. "Vietnam Airlines uses Adyen's network to process transactions globally" (in en). https://thepaypers.com/payments/news/vietnam-airlines-leverages-adyen-to-process-transactions-globally. 
  27. "Adyen expands partnership with Temu to support South America expansion | Mi3" (in en). http://www.mi-3.com.au/03-04-2025/adyen-expands-partnership-temu-support-south-america-expansion. 
  28. Toneguzzi, Mario (2025-12-08). "Adyen processes record $43 billion as Black Friday/Cyber Monday weekend sets new benchmark for global payments" (in en-US). https://retail-insider.com/retail-insider/2025/12/adyen-processes-record-43-billion-as-black-friday-cyber-monday-weekend-sets-new-benchmark-for-global-payments/. 
  29. Towner, Lauren (2025-07-08). "Adyen Launches Capital for Canadian Platform Customers" (in en). https://ffnews.com/newsarticle/fintech/adyen-capital-canada-platform-funding-launch/. 
  30. Thomas, Knowlton (2025-07-07). "Adyen Launches 'Capital' to Help Businesses in Canada Access Funding Based on Sales Data" (in en-US). https://www.fintech.ca/2025/07/07/adyen-launches-capital-business-canada-loans-sales/. 
  31. "Adyen brings SME lending to platforms in Canada | The Paypers" (in en). https://thepaypers.com/fintech/news/adyen-brings-sme-lending-to-platforms-in-canada.