Adyen quarterly revenue rises 23% on more payments
Payment processor Adyen booked more than €738m in the latest quarter, as the number of payments through its services rose sharply.
Adyen's revenue rose 23% from a year earlier in the latest quarter, to more than €738m. A sharp rise in the number of payments through its services drove the increase.
Total payment volume grew 30% year on year, to more than €451bn. In August, Adyen had already raised its revenue expectation for the whole year after strong growth in the first half.
More on business and companies
Adyen
Adyen is a payments company headquartered in Amsterdam, and it is one of the best-known Dutch tech firms. It provides the infrastructure that lets businesses accept payments, whether online, in apps or in physical shops, and it processes those transactions for merchants. Its shares are listed on Euronext Amsterdam, so its quarterly results are reported in Dutch business news.