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Adyen NV (UNSP/ADR) (Ticker: ADYEY) is a leading financial technology platform that simplifies payment processes for businesses around the globe. Established as the preferred choice for top-tier companies, Adyen offers end-to-end payment solutions, data-driven insights, and a suite of financial products, all within a single integrated system.
Adyen has recently made significant strides in the U.S. market by obtaining certification to utilize the FedNow® Service, the Federal Reserve's instant payment infrastructure. This achievement highlights Adyen's commitment to providing real-time payment and payout services, reflecting its long-term investment in North America since acquiring a U.S. banking branch license in 2021.
Adyen's innovative approach is also evident in its pioneering use of network tokenization, which enhances payment security and increases authorization rates. With over two billion active network tokens issued, Adyen is at the forefront of reducing payment fraud and improving transaction efficiency, particularly for subscription and digital businesses.
The company's financial health and expansive growth are further underscored by its recent partnership with BILL, a financial operations platform for SMBs. This collaboration integrates Adyen's card issuing capabilities into BILL's accounts payable and receivable solutions, fostering seamless payment experiences for SMBs.
Beyond financial solutions, Adyen is expanding its physical presence in North America. The company recently signed a lease for a 150,000-square-foot office in San Francisco, marking its dedication to fostering a collaborative and innovative work environment for its growing team.
Adyen's excellence has been recognized by Forrester, where it received the highest scores in multiple criteria, including vision, innovation, and omnichannel payments. This recognition solidifies Adyen's position as a global leader in financial technology, continually driven by customer-centric innovation.
With a diverse portfolio of clients such as Meta, Uber, H&M, and Microsoft, Adyen remains committed to helping businesses achieve their growth ambitions faster through cutting-edge financial technology.
Adyen and BCG's new report reveals a $185 billion market opportunity for SaaS platforms in embedded finance, marking a 25% increase since 2022. The growth is driven by favorable interest rates and expanding banking revenue pools. With less than 20% of the market currently addressed, SaaS platforms can potentially multiply their revenues by 3-4x by embedding financial products like business accounts, loans, and issued cards.
The research shows strong demand from SMBs, with 50% expressing high likelihood of using embedded finance products. Top platforms are already generating over 50% of their revenues from embedded payments and finance. The study involved research with ~30 leading platforms and ~2,000 SMBs across North America, Europe and Australia.
Adyen, the global financial technology platform, has been chosen by Cinemark to power enterprise payments across its 300+ U.S. locations. This collaboration aims to streamline payments and enhance experiences for moviegoers. Adyen will handle payments made online through Cinemark's website and mobile app, as well as in-theater purchases at box offices, kiosks, and concessions. The partnership extends to Cinemark's premium amenities and Movie Club subscription program.
Key benefits include:
- Increased payment options for customers
- Unified payment platform across all channels
- Implementation of Network Tokens
- Enrollment in Adyen's RevenueProtect for enhanced risk management
This integration is expected to increase purchasing flexibility and reduce friction in the movie-going experience.
Adyen, a global financial technology platform, has partnered with Crate & Barrel Holdings Inc. to streamline payments across all channels. This collaboration aims to unify the in-store and online experience for both Crate & Barrel and CB2 brands, covering 110 physical stores in the U.S. and Canada. The partnership is part of Crate & Barrel's digital transformation strategy, leveraging Adyen's unified commerce solution to gain shopper insights, streamline operations, and enhance the omnichannel retail experience.
Key highlights include:
- Integration of payment processing for online and physical stores
- Access to unified customer data and insights
- Improved cross-channel shopping experiences
- Support for Crate & Barrel's digital advancement in home furnishing
This partnership addresses the growing trend of cross-channel shopping, as identified in Adyen's Retail Report 2024, and aims to overcome the limitations of siloed information systems.
Adyen, a global financial technology platform, has introduced Intelligent Payment Routing for US debit payments, an AI-based solution that optimizes both revenue and costs. In a pilot with over 20 enterprise merchants, including eBay, 24 Hour Fitness, and Microsoft, Adyen achieved an average of 26% cost savings with a 0.22% uplift in authorization rates.
The feature offers easy adoption, improved performance, omnichannel capability, and network agnosticism. It leverages AI to dynamically route transactions in real-time, selecting the best payment path based on transaction fees and authorization rates. Some merchants saw cost savings as high as 55% and authorization rate improvements up to 1.15%. One customer reported savings of $600,000 within the first 30 days.
Aghanim, a mobile gaming fintech company, has formed a strategic partnership with Adyen (ADYEY), a global financial technology platform. This collaboration will provide Aghanim's direct-to-consumer platform for mobile game developers and publishers with access to high-value payment processing capabilities worldwide. Aghanim, founded in June 2023 and soft-launched in early 2024, aims to transform mobile game monetization and distribution through its Game Hub Builder and LiveOps Builder technologies.
The partnership enables gamers to pay for mobile gaming content securely and easily across various payment methods. Aghanim's platform offers game developers the potential to increase net revenue by up to 200%, allowing for greater investment in user acquisition. This collaboration combines Adyen's robust payment platform with Aghanim's innovative direct-to-consumer solutions, promising to reshape the mobile gaming industry's future.
Adyen, a global financial technology platform, has been recognized as a Leader in the IDC MarketScape for both Worldwide Retail Online Payment Platform Software Providers and Worldwide Retail Omni-channel Payment Platform Software Providers for 2024. The recognition highlights Adyen's comprehensive solutions, innovative technologies, and strong merchant focus. Adyen's platform supports payment processing from various channels and offers advanced fraud detection and new payment types. The IDC report underscores Adyen's ability to meet modern merchant demands, driven by continuous innovation and customer feedback.
TravelPerk announced its acquisition of Chicago-based AmTrav, a move that will significantly boost its presence and revenue in the US, potentially making the US its top revenue-generating region.
The acquisition includes AmTrav's tech platform and expands TravelPerk's US footprint to Boston, Chicago, Los Angeles, and Miami. The deal is expected to double TravelPerk’s US revenue, following a 65% year-over-year growth in 2023.
Additionally, TravelPerk has secured $135 million in new funding from Blackstone Credit & Insurance and Blue Owl Credit, adding to the $104 million Series D1 Extension funding raised in January 2024. The company aims to become the leading SaaS business travel platform for SMB and mid-tier companies.
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