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Treasury & Capital Markets
Adyen raises USD250 million from consortium led by General Atlantic, Temasek
Payments technology company Adyen has closed US$250 million in funding from global growth equity investor General Atlantic, with additional participation from Temasek, Index Ventures and Felicis Ventures.
The Asset 17 Dec 2014

Payments technology company Adyen has closed US$250 million in funding from global growth equity investor General Atlantic, with additional participation from Temasek, Index Ventures and Felicis Ventures.

 

"In a world where consumers from different regions vary in how they prefer to pay for their goods and services, the leading online merchants depend on Adyen to power global commerce," said Pieter van der Does, CEO, Adyen. "We are proud to be the preferred partner to work with global businesses, and are seeing a surge in demand across retail, travel, gaming, advertising, transportation and social media. Adyen has built a 21st century payment platform that is far ahead of the competition."

 

Adyen manages transactions end-to-end through direct connections with all major credit card companies, and accepts more than 250 payment methods, including Apple Pay, Alipay in China, Boletos in Brazil, Qiwi in Russia, SEPA Direct Debit in Europe and Konbini in Japan. Additionally, thanks to its omni-channel platform, it has the ability to process payments made online, in-store or on mobile devices. This enables retailers to deliver compelling shopping experiences, whether through express checkout, home delivery of in-store purchases or in-store returns of online purchases. The Adyen technology transforms the commerce experience by replacing multiple platforms with a single solution, bringing reliable and seamless transactions, enhanced data security, risk and fraud management, delivering significant cost savings and increased customer conversions.

 

On the heels of a 100% nnual increase in payment transaction volume and revenues, Adyen will use this investment to further accelerate growth, continue to expand its strong international presence and fuel global adoption of its platform, with particular emphasis in the North American and Asia-Pacific markets. This funding will allow the company to continue to build innovative tools to help its customers capitalize on the vast omni-channel opportunity.

 

 

 

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