ADYEN NV

Company Description

Adyen is a Dutch fintech company that operates one of the world's most advanced payment platforms, enabling businesses to accept payments anywhere in the world through a single integration. Unlike traditional payment processors that patch together different systems for online, in-store, and mobile payments, Adyen built everything from scratch on one unified platform—making it faster, more reliable, and easier to manage. The company processes payments for some of the world's largest companies including Meta (Facebook), Uber, Microsoft, eBay, and H&M. In 2024, Adyen processed over €1.28 trillion in payment volume, a 33% increase from the previous year. The platform handles everything from accepting a credit card at a physical store to processing a subscription payment on a mobile app, all while providing businesses with data insights to optimize their sales. Founded in Amsterdam in 2006 by Pieter van der Does and Arnout Schuijff, Adyen has grown into one of Europe's most valuable fintech companies. The name 'Adyen' comes from Surinamese and means 'start over again'—reflecting the founders' goal of rebuilding the payments industry from the ground up. The company has been profitable since 2011, an unusual achievement for a high-growth technology company. With approximately 4,500 employees across offices worldwide, Adyen holds banking licenses that allow it to operate as an acquiring bank, giving it more control over the payment process than competitors who rely on third parties. The company is led by co-CEOs Pieter van der Does and Ingo Uytdehaage, and continues to expand into embedded finance, offering products like business accounts and capital advances to merchants using its platform.