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Adyen IPO: 5 things to know about the PayPal rival

The company is valued at nearly $14 billionSimon Dawson/BloombergPieter van der Does, chief executive of Adyen. As the recent tech IPO boom bleeds into payments, European financial-technology giant Adyen NV has gotten in on the action. The offering was “multiple times oversubscribed,” according to Adyen, which now has a market value of €12.7 billion, or $14.9 billion.