On The Web

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Companies

Dutch Payments Company Adyen Opens At €400/share, A Pop Of 67%, Now Valued At $16B

June 13 2018

• in
• Adyen

“The share price closed at €462.50 — over 92 percent up on its price last night —  giving it a market cap of over €13.6 billion, or $16 billion at current exchange rates. It’s gone as high as €503.90 today. The number moved between about €15 billion and €16 billion throughout the day. This all […]

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Companies

Adyen Provides Access To Mastercard Account Updater Service

June 6 2018

• in
• Adyen
• Mastercard

“Payments platform company Adyen has provided merchants with real-time access to the Mastercard Account Updater service through integration with its direct API. Adyen said that qualified merchants using its platform will now be able to enhance their revenue from card-on-file payments via automatic update of Mastercard accounts. The direct connection, which can be activated instantly, […]

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Companies

Adyen Aims For A $1B IPO, Valuing The Payments Startup At Up To $8.3B When It Lists On June 13

June 5 2018

• in
• Adyen

“Adyen says that for the year ended December 31, 2017, it generated net revenue of €218 million, a rise of 38 percent over the year before, with EBITDA of €99 million, giving it an EBITDA margin of 45.5 percent. Processed volumes on its platform were €108 billion in the period, compared to just €66 billion […]

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Companies

Ebay To Add Support For Apple Pay, Partners With Square Capital On Seller Financing

July 24 2018

• in
• Adyen
• Apple
• eBay
• PayPal
• Square

“Ebay announced this morning it will begin accepting Apple Pay on its marketplace  starting this fall, and has also teamed up with Square Capital on seller financing. The changes come following eBay’s further distancing from longtime partner PayPal, which included the company’s switch to Adyen as its primary payments processing partner, announced earlier this year. At the time, eBay  said PayPal  would continue to be an option at […]

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Companies

Adyen charges ahead in its first earnings as a public company, with H1 revenues up 67% to $180M

August 22 2018

• in
• Adyen

“Adyen said it processed €70 billion in transactions in the period, up 43.1 percent compared to the same period a year ago. This puts it on track to grow processed volumes by about 50 percent for the full year. (Last year’s processed volume was €108 billion.)”

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Companies

Square Competition Concern Intensifies as Key Customer Bails

August 29 2019

• in
• Adyen
• Square

“Faucette, who has an equalweight rating on Square, said recent commentary indicates Joe & the Juice moved to competitor Adyen to gain a single global processor across all of its international markets. That suggests Square is still in the early days of developing its brand power in global markets and is less likely to offer […]

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Companies

ADYEN LAUNCHES FIRST-TO-MARKET 3D SECURE 2.0 SOLUTION TO HELP CUSTOMERS BOOST SECURITY AND AUTHORISATION RATES

August 30 2018

• in
• 3-D Secure
• Adyen

“Adyen, the payments platform of choice for many of the world’s leading companies, today launched a fully-certified 3D Secure (3DS) 2.0 solution which it has made available to its customers or merchants needing a next-generation authentication solution. The first-to-market solution is based on EMVCo’s 3DS protocols and will help merchants reduce risk and protect their customers […]

On The Wires

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Companies

Adyen 2017 Revenue Crosses $1 Billion Mark; Increase Of Over $400M From 2016

April 18 2018

• in
• Adyen

“Adyen, the payments platform of choice for many of the world’s leading companies, today announced that it generated $1.14 billion in annual revenue for 2017, an increase of over $400 millionfrom 20161. Additionally, the payments services provider disclosed that it processed $1222 billion in volume for merchants in 20173, a 61 percent year-over-year increase in processed volume from 2016 to […]

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Companies

ADYEN REJUVENATES IN-STORE PAYMENT INTEGRATION WITH AN API POS SOLUTION POWERED BY NEXO STANDARDS

September 5 2018

• in
• Adyen
• POS

“Keen to offer merchants a modern way of connecting in-store terminal hardware to its single payment platform, Adyen assessed the nexo Retailer Protocol. This protocol defines a set of interfaces between a card payment application and a retail point of sale system, and Adyen quickly found it was able to accommodate merchants’ needs in a […]

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Companies

Postmates Selects Adyen As An Additional Payments Processing Partner

July 19 2019

• in
• Adyen

“Adyen, the global payments platform of choice for many of the world’s leading companies, announced today that it has been selected by Postmates, the company that enables people to have anything they want on-demand, as one of its payment providers. Adyen provides support for select Postmates payments across the U.S.  ‘We are thrilled that Postmates […]