Payments company Adyen plans Amsterdam listing in June

Thursday 24 May 2018 13:34 CET | News

Reuters: Adyen, a Dutch company that processes payments for Airbnb, Uber, Spotify and Netflix, has confirmed its plans to list on the Euronext stock market listing in June.

Sources told Reuters last month the company is eyeing a valuation of EUR 6-9 billion, making it the largest European tech IPO since Spotify’s listing.

In a statement, Adyen said existing shareholders are targeting the sale of a 15% stake.

Rumors and speculation about a possible IPO have been circulating for quite some time. The decision to go public takes place amidst a consolidation of the payments market

In February 2018, Adyen became the principal payments processor of eBay, a role previously held by PayPal. 

Visit our online payments company database to find out more about Adyen’s services and offerings. 

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Keywords: Adyen, payments processing, payments service provider, Adyen listing, Adyen IPO
Countries: World