ADYEN.AS - Adyen N.V.
| Previous Close | 670.00 |
| Open | 673.80 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's Range | 673.80 - 691.00 |
| 52 Week Range | 410.00 - 758.90 |
| Volume | 69,567 |
| Avg. Volume | 90,947 |
| Market Cap | 19.979B |
| Beta (3Y Monthly) | N/A |
| PE Ratio (TTM) | 157.90 |
| EPS (TTM) | 4.29 |
| Earnings Date | Aug 22, 2019 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 580.53 |
- Bloomberg
European Fintechs Escape Troubles Afflicting Established Banks
(Bloomberg) -- When Swedish banking firm Klarna became Europe’s most valuable financial technology startup last week, it was only the latest sign that digital finance has escaped the troubles afflicting legacy lenders.Its latest fundraising gave Klarna, which facilitates online installment payments, a $5.5 billion valuation. European fintech companies raised $3.3 billion in venture capital in the first half of 2019, up from $1.9 billion in the same period last year, according to data compiled by CB Insights. In contrast, an index of European Union banks has dropped 39% the past 18 months.“Investors are drawn to it because it’s the perfect blend of a huge, mature industry which, empowered by technology, can deliver vast returns, far in excess of what you see if you’re starting up out of nowhere,” said Ben Brabyn, chief executive officer of Level39, one of Europe’s largest fintech accelerators, in an interview.Here are a few other recent industry highlights and what to watch out for next.Fintechs Flout Brexit WorriesLondon fintechs defied the Brexit gloom that descended on the the U.K. Transferwise Ltd. announced a funding round in May that valued the eight-year-old company at $3.5 billion, up from $1.6 billion in 2017. A few weeks later, online bank Monzo closed a new funding round doubling the startup’s valuation to more than $2.5 billion. Meantime, Revolut Ltd., while being eyed by regulators for possible compliance lapses, expanded into stock trading. They weren’t all winners: shares of peer-to-peer lender Funding Circle Ltd. have plunged 65% this year.IZettle’s Surprise PayPal SaleIt was the midnight deal that surprised many -- PayPal Holdings Inc. purchased iZettle AB for $2.2 billion in May 2018 the night before the Swedish startup had planned to price its shares in an initial public offering. Stockholm-based iZettle competes with Twitter co-founder Jack Dorsey’s Square Inc., and Canada’s Shopify Inc.Adyen Soars After IPODutch payments processor Adyen NV hit headlines for two reasons last year. First, in February, it was announced the Netherlands-based firm would replace PayPal as EBay Inc.’s global checkout service. Then in June, it held a billion-dollar IPO and saw its shares surge 90% in the first day of trading. The company, whose clients include Netflix Inc. and Spotify Technology SA, is now valued at 20 billion euros ($22.4 billion)Worldpay’s $35.5 Billion DealAs one of the world’s biggest payments firms, Worldpay Inc. handles about $1 trillion annually -- similar to Chase Paymentech. When Fidelity National Information Services Inc. said on July 31 it’d completed its $35.5 billion acquisition of the company, data compiled by Bloomberg showed the combined business will be the world’s biggest in the processing and payments industry. It wasn’t a bad day for Ohio-based Worldpay, which less than two years earlier had been a British enterprise snapped up for 7.7 billion pounds ($9.3 billion) by U.S. merchant acquirer Vantiv.What’s Next?N26, the German mobile bank backed by billionaire Peter Thiel, announced in July it had extended its most recent fundraising round to $470 million, at a valuation of $3.5 billion. The company is expanding from Europe to the U.S., betting it can attract users from established lenders and credit card providers with free accounts, fewer fees and phone alerts.Other companies to watch include Revolut, which despite multiple run-ins with controversy remains exciting to investors after it held one of the biggest fundraising rounds for a European fintech last year, and app-based banks Monzo and Starling, which are attracting customers at a rapid clip.Further down the line is the U.K.’s online lender Zopa Ltd., which its CEO Jaidev Janardana said in July could potentially hold an IPO in 2021.“The valuations are encouraging but they’re not enough. They’re just an early indicator. The important numbers to watch are the customers,” said Brabyn. “We all need to step up to demonstrate the public value of what we do.”To contact the reporter on this story: Ali Ingersoll in London at aingersoll1@bloomberg.netTo contact the editors responsible for this story: Giles Turner at gturner35@bloomberg.net, Nate Lanxon, James HertlingFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- Bloomberg
Snoop Dogg-Backed Klarna Now EU’s Most Valuable Fintech Startup
(Bloomberg) -- Swedish payments and banking firm Klarna became the most valuable European fintech startup after new funding pushed its post-money valuation to $5.5 billion.Klarna reached that status after raising $460 million in an equity round that will help it “continue its rapid rise in the U.S. market where it is currently growing an annual rate of six million new U.S. consumers,” the company said in a statement on Tuesday.With its new funding, the Stockholm-based startup leapfrogs European fintech darlings TransferWise and N26, which have recently been valued at $3.5 billion.Klarna helps online shoppers arrange financing at points of purchase, as well as provide merchants with payment tools. It challenges companies such as PayPal Holdings Inc., Square Inc. and Adyen NV, each of which has their own twist on facilitating commerce between sellers and shoppers.Dragoneer Investment Group led the raise, according to the statement. Other participants included the Commonwealth Bank of Australia, HMI Capital LLC, Merian Chrysalis Investment Co. and Sweden’s AP1 state pension fund, as well as accounts managed by BlackRock Inc. These additional investments follow the January announcement that the rapper known as Snoop Dogg had invested in the Swedish firm.Numis acted as exclusive financial adviser and placement agent to Klarna.To contact the reporters on this story: Ali Ingersoll in London at aingersoll1@bloomberg.net;Niklas Magnusson in Stockholm at nmagnusson1@bloomberg.netTo contact the editors responsible for this story: Giles Turner at gturner35@bloomberg.net, Nate Lanxon, Molly SchuetzFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- Simply Wall St.
Will Adyen N.V.'s (AMS:ADYEN) Earnings Grow In The Years Ahead?
The most recent earnings release Adyen N.V.'s (AMS:ADYEN) announced in March 2019 revealed that the company gained...
- PR Newswire
Postmates Selects Adyen As An Additional Payments Processing Partner
AMSTERDAM, July 18, 2019 /PRNewswire/ -- Adyen (ADYEN.AS), the global payments platform of choice for many of the world's leading companies, announced today that it has been selected by Postmates, the company that enables people to have anything they want on-demand, as one of its payment providers. Adyen provides support for select Postmates payments across the U.S. "We are thrilled that Postmates has chosen to partner with Adyen for payments," said Kamran Zaki, President, Adyen North America.
- Reuters
MOVES-Fintech startup TransferWise adds Adyen CFO, former Netflix CFO to its board
Money transfer startup TransferWise has appointed Adyen NV Chief Financial Officer Ingo Uytdehaage and former Netflix Inc CFO David Wells and to its board, the company said on Thursday. Wells and Uytdehaage are joining the board of the London-based company as non-executive directors, TransferWise said. Uytdehaage will chair the board's audit and risk committee, the company said.
CNW GroupAdyen Announces Support for Interac® Debit via Apple Pay and Google Pay; Expands Partnership with foodora Canada
AMSTERDAM , July 3, 2019 /CNW/ -- Adyen (ADYEN.AS), the global payments platform of choice for many of the world's leading companies, announced the addition of Interac Debit on Mobile for In-app and In-browser as a payment method for Canadian merchants. In addition, Adyen will be expanding its partnership with foodora Canada , an on-demand food-delivery service. This allows the company to accept Interac Debit payments through digital wallets, including Apple Pay and Google Pay.
- Simply Wall St.
Introducing Adyen (AMS:ADYEN), A Stock That Climbed 56% In The Last Year
The simplest way to invest in stocks is to buy exchange traded funds. But you can significantly boost your returns by...
- PR Newswire
Connected Customers Are Driving Retail's Transformation
SAN FRANCISCO, June 11, 2019 /PRNewswire/ -- With more options for shopping than ever before, consumers aren't just replacing one method for another, they're shopping everywhere. A new study from Adyen (ADYEN.AS), the global payments platform of choice for many of the world's leading companies, in partnership with 451 Research, reveals that the most important thing shoppers prioritize is convenience in North America. As the lines between physical and digital shopping experiences continue to blur, consumers are asking more from retailers.
- Bloomberg
The Fintech Bubble Floats Toward a $64 Billion Pin
Trendy U.S. online payments company Stripe, worth some $22.5 billion according to private-market valuations, is joining Amazon.com Inc. and Apple Inc. in warning about the impact of EU rules aimed at getting customers to double-check payments going out from their accounts. With some payment processors charging fees of about 1% of each transaction, it’s small wonder that the cost of new regulations would lead to such lobbying resistance. And this is happening to a business where competition might already wipe out some firms over the next five years, according to the fintech adviser Mark Hartley.
- Simply Wall St.
Why You Should Like Adyen N.V.’s (AMS:ADYEN) ROCE
Today we are going to look at Adyen N.V. (AMS:ADYEN) to see whether it might be an attractive investment prospect...
- CNW Group
Adyen Selected By Uber As A Global 3D Secure Solution Provider
AMSTERDAM , May 14, 2019 /CNW/ -- Adyen (ADYEN.AS), the payments platform of choice for many of the world's leading companies, announced today that it has been selected by Uber to be its initial solutions provider for 3D Secure (3DS). "Uber is excited to be expanding our payments platform with Adyen. "We look forward to expanding our partnership with Uber and becoming their first global partner for 3DS.
- Business Wire
Singapore Airlines Partners with Adyen to Speed Digital Payment Journeys
Singapore Airlines has partnered with Adyen, the payments platform of choice for many of the world’s leading companies, to ensure a frictionless payments experience for customers when they book online or in-app. Working with Adyen, Singapore Airlines has enjoyed an increase in authorization rates, flexibility on fraud risk management and richer data insights, resulting in a more seamless payment experience for its customers across the globe. In line with Singapore Airlines’ vision to be the world’s leading digital airline, the partnership will center on Adyen’s solutions to optimize the payments process.
- PR Newswire
Adyen expands its US retail footprint, announcing RH, Restoration Hardware, as new omnichannel customer
AMSTERDAM, April 16, 2019 /PRNewswire/ -- Adyen (ADYEN.AS), the global payments platform of choice for many of the world's leading companies, announced today that RH, Restoration Hardware, one of the most innovative and fastest-growing luxury brands in the home furnishings market, selected Adyen as its omnichannel payments partner. "We are thrilled to be selected by RH to help deliver that great unified commerce experience while also supporting the company in the U.S. and as it expands internationally," said Kamran Zaki, president, Adyen North America.
- Reuters
Tech unicorn Klarna may soon be ready to consider bourse listing - CEO
Swedish tech unicorn Klarna is nearing the point where it could seek a stock market listing, but it's unlikely to be this year, the CEO and co-founder of the fast-growing online payments services firm said. Founded in 2005 and backed by investors such as Sequoia Capital, Atomico, Visa and Permira, Klarna has fuelled expectations in financial markets that it could go public since it doubled down on growth last year after securing a Swedish banking licence and announcing plans to expand into new countries in 2019. "We have not taken a formal decision of listing, but Klarna is approaching a situation where I think we are more ready to list the company," CEO Sebastian Siemiatkowski told Reuters in a recent interview.
- Bloomberg
Reid Hoffman's Anti-Poverty Venture Joins Fintech M&A Boom
British-based Crown Agents Bank said Thursday that it would acquire part of Segovia, an African-focused payment-software venture where Hoffman was the lead investor. Hoffman and other backers of Segovia will become minority shareholders in Crown Agents Bank, which is controlled by Helios Investment Partners.
- Simply Wall St.
Why Adyen N.V. (AMS:ADYEN) Is A Financially Healthy Company
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! Investors looking for stocks with high market liquidity and zero debt on the balance sheet should consider Adyen N.V. (AMS...
- Reuters
European shares end a choppy Brexit-led session with a whimper
By Helen Reid and Julien Ponthus LONDON (Reuters) - European shares ended flat on Tuesdat after a choppy session during which hopes British Prime Minister Theresa May would win support for her plans for ...
- Reuters
Irish shares lead Europe after May wins Brexit assurances
Irish shares outperformed the rest of the euro zone on Tuesday after European Commission President Jean-Claude Juncker and UK Prime Minister Theresa May agreed a new Brexit withdrawal deal to cope with ...
