Home Sponsored Announcements Adyen 2017 revenue crosses US$1 billion mark; increase of over US$400m from year ago

Adyen 2017 revenue crosses US$1 billion mark; increase of over US$400m from year ago

Leading Payments Platform Bolsters Customer Wins with eBay, Tinder, ofo, Lorna Jane, Budgy Smuggler, Showpo, Bed Bath N’ Table, L’OCCITANE and ASICS

AUSTRALIA/NEW ZEALAND - (April 19, 2018) – Adyen, the payments platform of choice for many of the world’s leading companies, today announced that it achieved US$1.14 billion in annual gross revenue for 2017, up over US$400 million from 20161. Additionally, the payments leader disclosed that it processed US$1222 billion in volume for merchants in 20173, a 61 percent year-over-year increase in processed volume.

“Merchants around the world turn to Adyen for a simpler, more powerful payments platform,” said Pieter van der Does, co-founder and CEO of Adyen. “We are highly focused on transforming the online and in-store payment experience. Our robust growth points to the strength of our unified commerce solution.”

In the past year, Adyen expanded its unified commerce offering to Australia and New Zealand, adding to full coverage in North America and Europe. Merchants who work with Adyen can now use one platform across all channels (in-store, mobile, ecommerce) in more than 100 currencies, across four continents. The company’s large global footprint in the payment sector allows companies to process all major card brands, along with local payment methods, around the world.

In 2017 Adyen completed its connection to the eftpos payments network and is the first international partner to offer Australian merchants the ability to accept eftpos transactions at Point of Sale (POS).

Committed to empowering merchants with complete control of their payment process, Adyen rolled out its local acquiring solution in New Zealand and Singapore last year, providing opportunities for companies to optimize revenue and create a better customer experience.

Adyen continues to add fast growing and innovative companies to its merchant base, with recent additions including eBay, ofo, Lorna Jane, Budgy Smuggler, Showpo, Bed Bath N’ Table, Tinder, L’OCCITANE and ASICS on top of existing leading global brands Microsoft, Samsung, Uber, Facebook, Spotify, LinkedIn, Twitter, Netflix and Sephora.

For more information on Adyen’s unified commerce offerings, please visit: www.adyen.com.

About Adyen
Adyen is the payments platform of choice for the world’s leading companies, providing a modern end-to-end infrastructure connecting directly to Visa, Mastercard, and consumers' globally preferred payment methods. Adyen delivers frictionless payments across online, mobile, and in-store channels. With offices across the world, Adyen serves 9 of the 10 of the world’s largest Internet companies. Customers include Facebook, Uber, Netflix, Spotify, Freelancer.com, Kogan.com, Showpo, Movember and L'Oreal.

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