Company Research Report: Adyen
Company Overview
- Name: Adyen
- Mission: Engineered for ambition, Adyen aims to provide end-to-end payment, data, and financial management solutions in a single platform to help businesses realize their ambitions faster.
- Founded: No information is available.
- Founders: No information is available.
- Key People: Recently, Tom Adams was formally appointed as the Chief Technology Officer (CTO) and a member of the Management Board (October 23, 2024).
- Headquarters: Amsterdam, Netherlands. The company has a presence in 28 cities worldwide including Amsterdam, Bengaluru, Berlin, Brussels, Chicago, Dubai, Hong Kong, Kuala Lumpur, London, and more.
- Number of Employees: No information is available.
- Revenue:
- H1 2024: Net revenue was €893.6 million with a year-over-year increase of 23%.
- FY 2023: Net revenue was €1.6 billion with a year-over-year increase of 22%.
- H1 2024 EBITDA was €413.9 million, showing a YOY growth of 31%.
- FY 2023 EBITDA was €743.0 million with a YOY growth of 2%.
- Known For: Adyen is known for its comprehensive financial technology platform that integrates payments, data, and financial management.
Products
- Payments:
- Description: Adyen provides a robust platform to accept, process, and settle payments seamlessly across various channels.
- Key Features:
- Online Payments: Accept payments directly on websites and mobile apps.
- In-person Payments: Enhance the point-of-sale setup with customizable terminals.
- Unified Commerce: Integrate online and in-store payment data into one unified system.
- Data:
- Description: Adyen’s data ecosystem offers insights to identify business growth opportunities.
- Key Features:
- Harnessing millions of insights.
- Fraud protection and customer-friendly authentication leveraging machine learning.
- Finance & Operations:
- Description: Provides solutions to optimize finances and automate operations with an effective banking infrastructure.
- Key Features:
- Fast payouts in preferred currencies for platforms and marketplaces.
- Issuance of physical or virtual payment cards for fund management.
Recent Developments
- New Office Lease: Adyen has expanded its presence in North America by leasing a new office in Chicago (November 21, 2024).
- Tap to Pay on iPhone: Adyen launched the Tap to Pay on iPhone feature with its partner NewStore in New Zealand (November 21, 2024).
- Partnership with Zalando: Adyen strengthened its partnership with Zalando to enhance seamless payments for millions of European shoppers (November 14, 2024).
- New CTO Appointment: Tom Adams was appointed as the CTO and Management Board member of Adyen (October 23, 2024).
- eBay Partnership: The second warrant tranche of the long-term contract between Adyen and eBay Inc. was exercised (October 30, 2024).
This information has been directly extracted and compiled from the existing data without any external input or interpretation.