On Thursday (February 8), the Dutch payments company announced half-year financial results showing a 29% increase in processing volume and a 23% increase in net revenues.
The company’s stock fell last summer when it announced that greater human costs and slower growth in the United States had caused it to miss internal targets.
Since then, Adyen has moved to re-engage investors, having an event in November where it promised greater transparency by providing quarterly trading reports.
By widening and deepening the insights revealed, we sought to convey to you that we have been moving forward with a clear vision,” the company claimed in a statement to shareholders.
H2 demonstrated our capacity to deliver on our long-term goal while also responding to your instant feedback. As a result of this discipline, we increased our global personnel to its largest size to date and grew with our clients across all pillars.
Adyen collaborates with a number of well-known companies, including Microsoft, Instacart, and Subway, as an all-in-one processor that takes payments through online, mobile, and in-store channels, with its infrastructure linked to payment methods such as Visa and MasterCard.
