Adyen

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