Adyen passes $10 billion milestone in payment transactions processed

Adyen has announced that the company achieved record growth in 2012 in terms of revenue, transactions processed, mobile payments and new customer wins. Adyen supports the online and mobile commerce of more than 2,500 merchants, including Vodafone, Mango, KLM Airlines, Badoo, Getty Images, MusicNotes, Greenpeace, PopCap Games and others.

In 2012, Adyen processed more than $10 billion in payments transactions worldwide, an increase of 35% over 2011. Mobile payments on the platform increased 300% in 2012, representing 10.5% of total transactions – up from 3.5% at the end of 2011. This substantial growth in transactions was driven by a 55% increase in new customers worldwide and significant organic growth of existing customers. These factors combined led to an impressive 58% increase in revenue over last year, continuing Adyen’s trend of double-digit annual growth it has experienced since 2007.

“As digital commerce continues to evolve and expand beyond borders and traditional channels, merchants are demanding more from their payment solution providers than mere transaction processing,” explains Pieter van der Does, CEO of Adyen.

“Adyen has prospered because it provides merchants with the innovative technology, market intelligence and payment solutions required to grow rapidly and successfully in both local and international markets,” continues Roelant Prins, CCO, Adyen. “Adyen expects to see continued growth into 2013 with large international merchants continuing to partner with us to expand into new markets and new sales channels like mobile and point-of-sale.”

New customers that signed on with Adyen in 2012 include Crocs, Benetton, Soundcloud, Superdry, and many others.  In North America, one of the company’s fastest-growing regions, Adyen experienced a more than 70% increase in new customers in 2012, signing deals with JustFab, Motley Fool, Kachingle, Nakedwines, Elance, Entrust, and others.

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