Payments company Adyen valued at up to USD 8.3 bln

Thursday 7 June 2018 14:16 CET | News

Reuters: Adyen, the Netherlands-based payments company, has had a strong start with their IPO as investor demand for its shares covered those on offer within an hour.

Existing shareholders in Adyen, whose customers also include Uber and eBay, are selling a stake of up to 14.2% in the financial technology company.

Adyen is debt-free and profitable, and its listing, in the form of a secondary share offering, had been seen as one of the most prominent in Europe in 2018, after several were shelved last month.

Adyen forecasts medium term net revenue growth of 25-30% per year, and of at least 40% in 2018. That follows a 2017 net revenue rise of 38% to EUR 218 million.

Visit our online payments company database to find out more about Adyens services and offering. 

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Keywords: payments company, Adyen IPO, online payments, Adyen listing
Countries: World