Adyen N.V.
Company History
Adyen History: Founding, Growth & Key Milestones
Founded 2006 in Amsterdam, Netherlands
When was Adyen founded?
Adyen was founded in 2006 in Amsterdam, Netherlands by Pieter van der Does and Arnout Schuijff, making it 20 years old.
- Founded
- 2006
- Founding place
- Amsterdam, Netherlands
- Founders
- Pieter van der Does and Arnout Schuijff
- Headquarters today
- Amsterdam, Netherlands
- Milestones documented
- 12 (2006–2026)
- Current CEO
- Pieter van der Does and Ingo Uytdehaage
- Acquisitions
- 3
| Year | Event |
|---|---|
| 2006 | Adyen founded in Amsterdam |
| 2012 | North American office opened |
| 2014 | Growth investment announced |
| 2017 | European banking license obtained |
| 2018 | eBay payments partnership announced |
| 2018 | Euronext Amsterdam listing |
| 2021 | US banking branch launched |
| 2022 | Embedded financial products expanded |
| 2023 | Co-CEO structure established |
| 2024 | Annual processed volume exceeded ~$1.13 trillion (€1 trillion) |
| 2025 | Net revenue reached ~$2.67 billion (€2.3642 billion) |
| 2026 | Talon.One and Orb acquisitions closed |
- Where was Adyen founded?
- Adyen was founded in Amsterdam, Netherlands in 2006.
- Who founded Adyen?
- Adyen was founded by Pieter van der Does and Arnout Schuijff.
- When did Adyen start?
- Adyen was founded in 2006.
- How old is Adyen?
- Adyen is 20 years old as of 2026.
Founding Story
Adyen was founded in 2006 in Amsterdam by Pieter van der Does and Arnout Schuijff. Having previously built and sold the payment gateway Bibit to Royal Bank of Scotland, the founders recognized that global payments were still running on severely outdated, fragmented legacy infrastructure from the 1990s. They set out to build a completely modern, single-platform architecture from scratch—hence the name 'Adyen', which means 'Start over again' in Sranan Tongo—to directly connect massive merchants to Visa and Mastercard globally.
Founders
Pieter van der Does
Pieter van der Does co-founded Adyen in 2006. Leveraging his massive experience from building his previous payments startup (Bibit), he served as Adyen's CEO, aggressively targeting highly complex, multinational tech companies (like Uber and Netflix) that desperately needed a unified global payment processor. He successfully led the company to a massive €7 billion IPO in 2018. Pieter van der Does was born in 1969.
Arnout Schuijff
Arnout Schuijff co-founded Adyen and served as its Chief Technology Officer. He personally architected the company's single-platform backend, completely avoiding the 'spaghetti code' of acquisitions that plagued legacy processors like Worldpay. This massive technical superiority allowed Adyen to process transactions faster and with higher approval rates. He retired from the company in 2021. Arnout Schuijff was born in 1967.
Key Milestones
Adyen founded in Amsterdam
A group of payments entrepreneurs including Pieter van der Does and Arnout Schuijff founded Adyen.
Source: adyen.comNorth American office opened
Adyen opened its San Francisco office as it expanded its international merchant business.
Source: adyen.comGrowth investment announced
General Atlantic and Temasek joined existing investors in a $250 million funding round.
Source: reuters.comEuropean banking license obtained
Adyen obtained a European banking license, expanding its ability to provide acquiring and settlement services.
Source: adyen.comeBay payments partnership announced
eBay selected Adyen as a primary payments processing partner for its managed-payments transition.
Source: ebayinc.comEuronext Amsterdam listing
Adyen began trading on Euronext Amsterdam on June 13, 2018 at an offer price of €240 per share.
Source: adyen.comUS banking branch launched
Adyen launched its US banking branch after receiving federal and state approvals.
Source: adyen.comEmbedded financial products expanded
Adyen introduced business accounts and capital products for platform customers in addition to issuing.
Source: adyen.comCo-CEO structure established
Ingo Uytdehaage became co-CEO alongside Pieter van der Does after shareholder approval.
Source: adyen.comAnnual processed volume exceeded ~$1.13 trillion (€1 trillion)
Adyen reported ~$1.45 trillion (€1.286 trillion) of processed volume and ~$2.28 billion (€2.015 billion) of net revenue for 2024.
Source: adyen.comNet revenue reached ~$2.67 billion (€2.3642 billion)
FY2025 net revenue rose 18% to ~$2.67 billion (€2.3642 billion); processed volume was separately reported at ~$1.58 trillion (€1.3943 trillion).
Source: adyen.comTalon.One and Orb acquisitions closed
Adyen completed both acquisitions on July 1, adding loyalty and incentives technology from Talon.One and enterprise billing from Orb.
Source: adyen.comMajor Acquisitions
Talon.One GmbH
2026Add loyalty, promotions, and real-time incentives to Adyen's Unified Commerce platform. Adyen disclosed consideration of ~$847 million (€750 million); the USD acquisitionValue field is left null rather than applying an unsourced currency conversion.
Orb
2026Add enterprise usage-based billing and connect billing logic with Adyen's payment data and execution platform.
Talon.One
2026Integrate real-time promotional and decisioning capabilities into payment infrastructure.
Keep researching Adyen
Adyen Company History FAQ
When was Adyen founded?
Adyen was founded in Amsterdam in 2006 by a group of payments entrepreneurs including Pieter van der Does and Arnout Schuijff.
When did Adyen go public?
Adyen began trading on Euronext Amsterdam on June 13, 2018 at an offer price of €240 per share.
When did Adyen obtain a European banking license?
Adyen obtained its European banking license in 2017.
What changed in 2026?
Adyen completed the Talon.One and Orb acquisitions on July 1, 2026, adding loyalty and enterprise billing products.
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