Adyen

Adyen is a global payment company that allows businesses to accept e-commerce, mobile, and point-of-sale payments.

Adyen offers merchants online services for accepting electronic payments by payment methods including credit cards, bank based payments such as debit cards, bank transfer, and real-time bank transfers based on online banking.

Adyen was founded in 2006 by a team of payment industry professionals (the core management team hails from Bibit and have been working together for close to twelve years). The company is headquartered in Amsterdam, the company employs around 600 people in offices in thirteen countries.

Adyen's online payment platform connects to payment methods across the world. Payment methods include international credit cards, local cash-based methods, such as Boleto in Brazil, and internet banking methods, such as iDEAL in the Netherlands.

Adyen serves more than 4,500 businesses, including 8 of the 10 largest U.S. Internet companies. Customers include Facebook, Uber, Netflix, Spotify and L’Oreal.

 

Adyen is backed by top-tier investors including Index Ventures, ICONIQ Capital, Felicis Ventures, Temasek Holdings, and General Atlantic among others. The company went public on Jun 13, 2018 with a $8.3B IPO valuation.

 

Notable achievements for Ayden-

 

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

-In 2016, Adyen was ranked #10 on the Forbes Cloud 100 list.

-In 2017, it was #5 on the Forbes Cloud 100 list.

-In April 2017, the company was granted a European banking license, which gives it the status of an acquiring bank.

-In November 2017, Adyen partnered with Air Canada to provide international payment solutions for the airline company's customers.

-On 24 May 2018, the company announced that it will be making the company public by listing shares publicly in Amsterdam. The IPO took place on 13 June 2018.

 

 

  • Year founded: 2006
  • Funding Info: $266M in 3 funding rounds (Last funding type: Venture - Series Unknown)
  • Yearly Revenue: $700-$800M (2018)
  • Employee Size: 501-1000
  • Business Valuation: Mkt Cap: 20.82B EUR, as of Jul 26, 2019
  • City/Town: Amsterdam
  • State: Noord-Holland
  • Country: Netherlands
Related businesses