Adyen N.V.
Market Data Current As Of: September 12, 2026
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Adyen N.V.
Compare market positioning with top industry peers
Explore Adyen
Core profile pages, annual revenue records, and related research hubs for this company.
Company History
Founded 2006 in Amsterdam, Netherlands
Adyen was founded in Amsterdam in 2006 by Pieter van der Does and Arnout Schuijff. The founders had previously built Bibit, an early European payment gateway that they sold to the Royal Bank of Scotland (RBS) in 2004. After watching RBS layer bureaucratic red tape and legacy software atop Bibit, van der Does and Schuijff realized that the global payments industry was fundamentally broken: merchants had to integrate different gateways, fraud screeners, and acquiring banks in every single country, leading to high failure rates and opaque fee structures. Deciding to 'start over again'—which translates to 'Adyen' in Surinamese—they assembled a small team of engineers in Amsterdam and spent nearly a decade writing a single, modern payments engine from scratch. Refusing to take excessive venture capital or buy competitors, Adyen signed early digital pioneers like Spotify, Groupon, and Airbnb, proving that a single global payments architecture could outcompete century-old financial conglomerates. In 2006, inside a quiet cafe in Amsterdam, Pieter van der Does and Arnout Schuijff made a radical pact. Having watched the payment gateway they previously built (Bibit) get neglected and smothered by corporate bureaucracy at Royal Bank of Scotland, they decided to start over. They named their startup Adyen—Surinamese for 'Start Over Again'. They vowed that Adyen would never buy another company or patch together third-party legacy code. They spent years writing every line of the payment gateway, risk engine, and merchant acquiring stack from scratch. That fanatical commitment to engineering purity built Adyen into a €40 billion enterprise titan that processes over €1.0 trillion annually for the world's greatest brands.
Pieter van der Does is the co-founder and Co-Chief Executive Officer of Adyen N.V. In 2006, frustrated by how legacy banks ruined Bibit's technology after acquiring it, van der Does partnered with Arnout Schuijff to build a new payment platform from scratch. They named it Adyen (Surinamese for 'Start Over Again'). Under van der Does's visionary, disciplined, and customer-first leadership, Adyen grew from an Amsterdam startup into a global payment infrastructure titan. Van der Does oversaw Adyen's 2018 initial public offering on Euronext Amsterdam, won the landmark eBay enterprise contract, and scaled Adyen past €1.0 trillion in annual processed payment volume with industry-leading EBITDA margins. Van der Does is celebrated as one of Europe's most accomplished financial technology leaders. Van der Does's calm, highly disciplined leadership made him one of the most respected corporate statesmen in European finance. Rejecting short-term Wall Street quarterly pressures, van der Does built Adyen around customer-centric engineering excellence, guiding the company through its triumphant 2018 Euronext Amsterdam IPO, the historic eBay contract victory, and scaling volume past €1.0 trillion with sustained 50%+ EBITDA margins.
Arnout Schuijff is the co-founder and former Chief Technology Officer of Adyen. A legendary software systems architect, Schuijff was the technical genius who designed Adyen's single unified codebase. At Adyen, Schuijff authored the high-throughput payment gateway and settlement engine, rejecting third-party legacy middleware to build a platform capable of handling millions of concurrent transactions with 99.999% availability. His architectural discipline laid the foundation for Adyen's €1.0 trillion processing scale before transitioning to independent philanthropic and technology ventures. Schuijff's architectural vision was the technological foundation that powered Adyen's rise. Rejecting the standard industry practice of acquiring regional payment gateways, Schuijff insisted on writing a single unified codebase from scratch, creating a high-throughput, low-latency transaction processing engine that handles millions of concurrent transactions with 99.999% availability.
Ingo Uytdehaage serves as Co-Chief Executive Officer of Adyen N.V. alongside Pieter van der Does. For over a decade, Uytdehaage served as Adyen's Chief Financial Officer, architecting the company's financial governance and capital efficiency. Promoted to Co-CEO in 2023, Uytdehaage oversees global corporate operations, enterprise sales execution, regulatory bank compliance, and strategic expansion across North America and Asia-Pacific. Uytdehaage played an indispensable role in shaping Adyen's financial discipline and global corporate governance. Serving as Chief Financial Officer from 2011 to 2023, Uytdehaage architected the company's capital efficiency and directed its Euronext IPO. As Co-Chief Executive Officer, he oversees global commercial execution, banking license compliance, and strategic expansion across North America and Asia.
Pieter van der Does and Arnout Schuijff founded Adyen to build a modern, unified global payments platform.
Adyen signed Spotify, Groupon, and Airbnb, validating its single-contract global acquiring model.
The Dutch Central Bank (DNB) granted Adyen a European banking license, allowing it to bypass third-party acquiring banks.
Adyen completed a landmark IPO on Euronext Amsterdam and was selected by eBay to replace PayPal as its primary payments processor.
Adyen introduced Adyen for Platforms, launching bank accounts, business cards, and merchant cash advances.
Adyen surpassed $1.1 trillion in annual processed volume with net revenue exceeding $2.1B and 48%+ EBITDA margins.
Since its establishment in 2006, Adyen N.V. expanded from an early-stage venture into a recognized leader in Global Omnichannel Payments, Financial Technology & Merchant Acquiring Infrastructure, overcoming key market challenges.
Over its history, Adyen N.V. executed decisive strategic pivots toward scalable monetization and digital distribution, securing its current market leadership.
By continually modernizing operations and embracing workflow automation, Adyen N.V. maintains resilience through changing technological and economic cycles.