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Adyen Is the $2 Billion Payments Startup You’ve Never Heard Of (Unless You’re a Payments Nerd)

Re/code – 1/14/16: Adyen is not a household name in U.S. business circles, even with a $2 billion-plus valuation. It hopes that opening up about its financial performance will help change that. The privately held payments company, which has its headquarters in Amsterdam, Netherlands, announced Thursday that its revenue doubled to $350 million last year, as the company crossed $50 billion in the amount of payments it processed. The company says it has been profitable on an Ebitda basis — a measure of a company’s operating profit — since 2011.

Click here to read more: http://recode.net/2016/01/14/adyen-is-the-2-billion-payments-startup-youve-never-heard-of-unless-youre-a-payments-nerd

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This post first appeared on Blog | TSG, please read the originial post: here

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Adyen Is the $2 Billion Payments Startup You’ve Never Heard Of (Unless You’re a Payments Nerd)

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