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Ayden processed $25 billion in transactions last year

Based on figures from the end of 2014, the company has achieved an annualized run rate of $30 billion in transaction volume processed.

Adyen, a global payments technology company, today announced that it processed $25 billion in payments transactions in 2014 — an increase of nearly 80 percent over 2013 — and achieved over 100 percent growth in terms of revenue, and 40 percent growth in new customer wins, the company said in a press release. Based on figures from the end of 2014, the company has achieved an annualized run rate of $30 billion in transaction volume processed. 

The news follows an announcement in December of a $250 million Series B funding round, and builds on 40 percent growth in payments transactions reported in 2013. Growth has been driven by both a substantial increase in customer adoption and organic growth of existing customers in many key markets globally, including North America, Europe, Latin America and Asia Pacific, Ayden said in the announcement. New customers that signed with Adyen in 2014 include Facebook, Spotify, Airbnb, airberlin, and Domino’s Pizza. Additionally, Adyen rolled out its omnichannel payments product for a number of new and existing clients in 2014, including retailers such as Superdry, Moss Bros, and de Bijenkorf (Selfridges-owned department store), which are now accepting payments online and in store with Adyen’s single integrated payments platform. 

Adyen North America, one of the company’s fastest-growing regions, saw payment transaction volume of U.S.-based customers quadruple over the past year. In addition to working with some of the fastest-growing brand names across a range of sectors, Adyen now powers payments for four of the five largest U.S. Internet companies by market capitalization.

"The possibility to operate payments with a single platform and contract across all sales channels worldwide offers enormous benefits to merchants, and our growth over the last year is a testament to how we are meeting that need," Pieter van der Does, Adyen CEO, said in a statement. "Looking ahead, we still see enormous opportunities for growth, particularly through delivering cross-channel insights to merchants, and accelerated expansion in North America and Asia." 

Other 2014 company milestones, new offerings and growth indicators include:

  • enhanced global acquiring network with further local capabilities in North America, Brazil and Mexico;
  • more than 90 new hires, including former Netflix Head of Global Payments Kamran Zaki as president of Adyen North America, and former Ingenico Management Board Member, Jean-Marc Thienpoint as managing director for point-of-sale solutions; the total number of employees globally now stands at 260.
  • a new office in Madrid, North American headquarters relocated to San Francisco, and significantly expanded offices in London, Berlin, and Singapore;
  • Added new payment methods including Apple Pay, SEPA Direct Debit (38 European countries), and Dragonpay (Philippines).
  • expanded capabilities for payment methods including Alipay (adding mobile and recurring payments), Interac (Canada), Qiwi (adding recurring payments), JCB (online and in-store), and UnionPay ExpressPay (online and in-store); and
  • development in partnership with e-commerce company Klarnaof of an invoice-based payment solution tailored for airlines and travel merchants.