11 February 2021

Adyen saw earnings grow 27% last year  

Written By FinTech Alliance

Adyen saw earnings grow 27% last year  

Adyen, the Dutch payment technology provider, has seen its earnings increase amid the pandemic.  

In Brief:  

  • Full-year earnings for 2020 were up 27% from the previous year.  

  • Share prices rose 10% when this was announced on Wednesday.  

  • This was higher than the expectations of analysts.  

What does this mean?  

The firm has managed to not only stay resilient during a turbulent year, but has been able to take advantage in the rise of digital and online payments.  

It’s seen particular uptake in the North American market, which saw a 70% net increase in revenue and has become 20% of the company’s total net revenue in the second half of 2020.  

Read more here.    

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