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Payments developer Adyen raises USD 250 mln

2014-12-16 15:59:00| Telecompaper Headlines

(Telecompaper) Payment technology developer Adyen has raised USD 250 million in new funding. The round was led by equity investor General Atlantic, with additional participation from Temasek, Index Ventures and Felicis Ventures. Adyen said it will use the new investment to accelerate growth, continue to expand its strong international presence and fuel global adoption of its platform, with particular emphasis in the North American and Asia Pacific markets. Adyen has designed and built a platform to support payments across any channel - online, mobile and in-store. It counts more than 3,500 customers globally, including four of the five largest US internet companies. These include Facebook, Spotify and Airbnb. The company manages transactions end-to-end through direct connections with all major credit card companies, and accepts more than 250 payment methods.

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