Adyen
 wherever people pay | |
| Private | |
| Industry | payments technology, e-commerce |
| Founded | 2006 |
| Headquarters | Amsterdam, Noord-Holland, The Netherlands |
Number of locations | San Francisco, New York, São Paulo, London, Singapore, Berlin, Paris, Stockholm, Madrid, Shanghai |
| Services | Payment service provider |
Number of employees | 450 |
| Website | adyen.com |
Adyen is a global multichannel payment company offering businesses an outsourced payment solution, which enables merchants to accept payments from anywhere in the world and provides a global payment solution for mid, large and enterprise e-commerce merchants. Adyen serves over 3,500 customers globally. It reported over 100% growth in terms of revenue and 40% growth in new customer wins in 2014, earnings of $130 million in 2015, and earnings of $95 million in revenue in 2013, up from $65 million in 2012.[1] It has over ten years of experience in running high-volume payment systems. It is a privately held company.
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's online payment platform connects to 250 payment methods across North America, Latin America, Europe, Asia, Pacific, and Oceania, from international credit cards to local cash-based methods, like Boleto in Brazil and internet banking methods like iDEAL in the Netherlands. Adyen provides a single solution, available for three payment acceptance platforms.
The service is used by international and multinationals companies including, Uber, Facebook, Evernote, Spotify, Airbnb, Mango, Vodafone, Booking.com, KLM, Greenpeace, SoundCloud,[2] Superdry and Groupon.
History
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). Headquartered in Amsterdam the company employs around 450 people in offices in ten countries.
In 2015, Adyen achieved a valuation of $2.3 billion, making it the 6th largest European unicorn.[3]
In 2016, Adyen was ranked #10 on the Forbes Cloud 100 list.[4]
Growth
In 2014, Adyen processed more than USD25B in payment transactions worldwide, a close to 80% increase over 2013. This helped continue the trend of double-digit annual growth that Adyen has experienced since 2007.
In December 2014, the company announced a funding round of $250 million led by growth equity firm General Atlantic, joined by existing investors Temasek, Index Ventures, and Felicis Ventures.[5][6]
E-commerce
Adyen has designed an online payment solution that offers maximum control by offering single screen payment pages, one-click payments, and A/B testing. Adyen supports plug-ins for the leading international e-commerce platforms. They have integration plug-ins for leading platforms such as Magento, Demandware, Prestashop, Hybris, Amadeus and others.
Mobile payments
Adyen offers their e-commerce solution for mobile iOS or Android or Windows mobile devices. This allows companies to provide payment methods for customers anywhere around the world. When using Adyen's the companies can offer their customer a one click solution. Companies' small screen consumers can choose to be “remembered” on payment pages by storing their payment details on Adyen's secure platform. From then on, customers fill their shopping cart, go to the check out page and click “pay”.
Point-of-Sale payments
Adyen has launched a mobile point-of-sale. The payment device allows merchants to accept both chip and pin payments from a mobile device – meaning it accepts all credit and debit cards that are widely used across Europe. The Adyen Shuttle offers face-to-face payment solutions, with payment terminals that work directly with a mobile device to receive payments on the go.
References
- ↑ Chapman, Lizette. "With $16M Raised, Payments Startup Adyen Looks for Growth". blogs.wsj.com. Wall Street Journal.
- ↑ "SoundCloud partners with one-click payment service Adyen to power its subscription services". The Next Web. 12 August 2012.
- ↑ "The European unicorn unbanking the merchant". Hot Topics. Retrieved 2015-10-27.
- ↑ "Forbes Cloud 100". Forbes. Retrieved 29 October 2016.
- ↑ Chapman, Lizette. "Payment Startup Adyen Raises $250 Million at $1.5 Billion Valuation". The Wall Street Journal. Retrieved 16 December 2015.
- ↑ "Adyen Raises $250 Million in Funding to Accelerate Growth of Its Global Payments Platform". General Atlantic website. Retrieved 16 December 2015.