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Payments

Adyen Revenue Hits €498.3 Million on Digital Commerce Surge

"The third quarter of 2024 marked a period of strong growth and continued innovation," said Adyen's CFO.
The Dutch payment giant's processed volume surged 32% YoY to €320.6 billion.

Thursday, 07/11/2024 | 07:49 GMT by Damian Chmiel

Executives

Adyen Taps Former Cash App Exec Tom Adams as New Chief Technology Officer

Adams, formerly Head of Engineering at Cash App, will oversee the strategic and technological direction of Adyen's integrated platform.
His appointment has been approved by the Dutch Central Bank, but it still requires formal approval from Adyen's shareholders.

Monday, 26/08/2024 | 12:57 GMT by Jared Kirui

FinTech

PayPal and Adyen Double Down on US Expansion with Fastlane Checkout

PayPal's Fastlane improves conversion by 80% and reduces checkout time by 32%.
Both firms have partnered for years, enabling Adyen's clients to offer PayPal, Venmo, and BNPL.

Tuesday, 20/08/2024 | 11:23 GMT by Tareq Sikder

FinTech

Adyen Expands in India with RBI Approval for Online Payment Aggregation

The Bengaluru hub will support local merchants and tap into India's tech talent.
The platform supports credit, debit, and local payment methods like UPI for transactions.

Thursday, 15/08/2024 | 06:00 GMT by Tareq Sikder

FinTech

Adyen and noon Team Up to Enhance Middle East Digital Economy

The collaboration aims to streamline payments, reduce fraud, and improve the shopping experience.
Since its establishment in 2017, noon has developed into a digital ecosystem serving the UAE, KSA, and Egypt.

Wednesday, 03/07/2024 | 16:43 GMT by Tareq Sikder

FinTech

Adyen and SumUp Partner to Accelerate Payment Solutions for SMEs

The collaboration expands same-day settlements to small merchants in Europe and the UK.
It aims to provide near-instant access to funds, reducing large working capital reserves.

Friday, 21/06/2024 | 15:11 GMT by Tareq Sikder

FinTech

Adyen Expands Canadian Operations with Toronto Office, Appoints New Head of Sales

The fintech firm has appointed Ilona Fagyas as Head of Sales for Adyen Canada.
Since 2020, Adyen has expanded its Canadian team to 26 employees.

Thursday, 06/06/2024 | 18:01 GMT by Jared Kirui

FinTech

Adyen and Vapiano Join Forces to Streamline Checkout and Payment Options

The collaboration follows pilot in London, highlighting demand for mobile ordering.
Research suggests, 54% may abandon checkout if their preferred method is unavailable.

Thursday, 23/05/2024 | 17:03 GMT by Tareq Sikder

Payments

Adyen Brews Up Global Expansion with Cotti Coffee Partnership

The partnership improves small store customer experience with fast global payments.
Adyen provides end-to-end payments, data-driven insights, and financial products.

Wednesday, 15/05/2024 | 16:55 GMT by Tareq Sikder

Payments

Adyen and Cover Genius Enhance Payment Security in Insurtech Collaboration

The collaboration aims to enhance authorization rates by leveraging 3D Secure.
It aims to bolster payment processing capabilities across continents, spanning the Americas, Europe, and the Asia-Pacific.

Thursday, 09/05/2024 | 13:33 GMT by Tareq Sikder

Payments

Tide Rides Adyen's Banking Wave into Germany's SME Market

The partnership enables Tide to utilize Adyen's banking services, including SEPA payments.
The member base of Tide has exceeded 800,000 small businesses across India and the UK.

Thursday, 02/05/2024 | 13:24 GMT by Tareq Sikder

FinTech

HSBC's PayMe Teams Up with Adyen to Tap into Hong Kong's Payment Market

The partnership aims to enable Adyen's merchants to increase revenue through access to a broader customer base.
Adyen's merchants can utilize various payment methods, including PayMe, AlipayHK, Apple Pay, and Google Pay.

Tuesday, 02/04/2024 | 18:11 GMT by Jared Kirui

Payments

Adyen Teams Up with Adobe Commerce for Enhanced Payment Solutions

Online and offline payment integration enhances merchant success and security measures.
This collaboration empowers merchants with Adyen's features for checkout, fraud protection, and optimization.

Friday, 29/03/2024 | 09:23 GMT by Tareq Sikder

Payments

BT Group and Adyen Introduce Tap to Pay on iPhone for Small Businesses

The app offers secure payments, easy payment history tracking, and hassle-free refunds.
Businesses benefit from a 1.4% transaction rate on processed customer payments by BT Group.

Thursday, 21/03/2024 | 10:00 GMT by Tareq Sikder

FinTech

Adyen Expands Reach to Icelandic Market through Collaboration with Straumur

Serving 1,700 merchants, Straumur facilitates transactions through in-person, e-commerce, and app channels.
In this collaboration, Adyen takes on the role of the card acquiring bank.

Thursday, 04/01/2024 | 10:14 GMT by Tareq Sikder

FinTech

Adyen to Act as Acquiring Bank for Klarna, Starting 2024

Adyen will act as an acquiring bank for Klarna's consumer payment options.
The extended partnership is set to start in 2024.

Monday, 04/12/2023 | 18:14 GMT by Damian Chmiel

Payments

Adyen's Continuity in the Post-Brexit Era: Secures a UK Banking License

The firm expands into the banking sector to offer cash advances to SMEs.
It aims to become a full-fledged global financial technology platform.

Monday, 11/09/2023 | 13:55 GMT by Tareq Sikder

FinTech

The 24-Hour Shock: How Adyen's Valuation Dropped by $20 Billion Overnight

Adyen's shares fell nearly 40% in one day.
The company has not been this cheap since April 2020.

Monday, 21/08/2023 | 09:48 GMT by Damian Chmiel

FinTech

Defying Odds: Adyen’s Net Income Climbs in H1 2023 despite Fivefold Revenue Drop

Adyen's H1 2023 figures highlight growth, despite a drop in EBITDA.
Processed volume sees a YoY increase of 23%, with point-of-sale volumes rising by 49%.

Thursday, 17/08/2023 | 08:04 GMT by Damian Chmiel

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