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Adyen, the high-growth European payments processer, revealed that it generated over $1.1b of revenue for 2017. Adyen is eyeing a June IPO that would value the company between $7.4b and $11.1b. Adyen also made headlines recently when Ebay announced it would be replacing PayPal with Adyen as its primary payments provider.
Last week, Reuters reported that Adyen is eyeing a listing in June and said that it could value the company between 6 billion ($7.4 billion) and 9 billion euros. This would make it the largest fintech IPO in Europe. The source told CNBC that a final decision on an IPO has not been made. Adyen has been profitable since 2011 so raising new funds is not crucial. But the company has been expanding its offerings with new products into new regions. Given its focus on business solutions, Adyen may not be well known with consumers. However, it made headlines recently after eBay announced it would be replacing PayPal with Adyen as its primary payments provider.
https://www.cnbc.com/2018/04/19/adyen-is-eyeing-an-ipo-after-record-2017-revenues.html
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