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Adyen

FintechNews RoundupUSA
·Feb. 2, 2018

Ebay Turns to Adyen for Processing

Ebay dropped PayPal and turned to Adyen to be its primary processing partner; Banking Technology reports that eBay users “do not need to take any action at this time” as the “transition to full payments intermediation will be a multi-year journey”.; the deal will begin with a move in North America in the second half of 2018 before expanding in 2019. Source.

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FintechNews Roundup
·Feb. 13, 2017

Dutch Payments Company Adyen Reports 80% Increase in Transactions

Adyen reported an 80% increase in 2016 payment transactions with transaction volume of $90 billion; the growth was attributed to partnerships with Uber, Spotify, Airbnb, Booking.com, Facebook, Twitter and LinkedIn; growth is expected to continue in 2017 with contributions from new in-store payment services which it expects to grow to 50% of its business; the firm also says the European Commission's Payment Services Directive 2 (PSD2) will help improve business for Adyen.  Source

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EuropeFintechNews Roundup
·Jan. 23, 2018

Profile of Adyen, the $2.3 Billion Payments Company

Adyen is a payments company based in Amsterdam and currently is valued around $2.3 billion; the company has over 4,000 clients which includes names like Netflix, Facebook, Uber and Spotify; Forbes profiles the company and their co-founder and president, Pieter van der Does. Source

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