Adyen vs Jupiter Money: Founders, CEOs and History
Adyen was founded in 2006 by Pieter van der Does, Arnout Schuijff and is led by Pieter van der Does and Ingo Uytdehaage. Jupiter Money was founded in 2019 by Jitendra Gupta, Vishnu Jerome and is led by Jitendra Gupta.
Company facts
Adyen
- Founded
- 2006
- Headquarters
- Amsterdam, Netherlands
- Current CEO
- Pieter van der Does and Ingo Uytdehaage
- Employees
- 4,771
Jupiter Money
- Founded
- 2019
- Headquarters
- Bengaluru, Karnataka, India (registered office: Mumbai)
- Current CEO
- Jitendra Gupta
- Employees
- 450
Founders
Adyen
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 desp…
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.
Jupiter Money
Jitendra Gupta
Jitendra Gupta is the founder and CEO of Jupiter. A chartered accountant, he founded Citrus Pay in 2011, sold it to PayU in 2016 for about $130 million, and ran PayU India before starting Jupiter in 2019. Jitendra Gupta was born in 1981.
Vishnu Jerome
Vishnu Jerome co-founded Jupiter Money in 2019 alongside Jitendra Gupta. As a highly experienced legal architect (he founded the law firm Jerome Merchant + Partners), he played an absolutely critical role in navigating the incredibly complex, highly restrictiv…
CEOs and their tenures
Adyen
- Pieter van der Does2006–present
Co-CEO and Co-Founder
Co-founded Adyen, led it through its 2018 Euronext Amsterdam listing, and continues to oversee the company under the co-CEO structure.
Source - Ingo Uytdehaage2023–present
Co-CEO
Serving as CFO before becoming Co-CEO, he navigated the severe 2023 stock crash caused by massive hiring investments, successfully reassuring investors of the company's long-term profitability.
Source
Jupiter Money
- Jitendra Gupta2019–present
Founder & CEO
A chartered accountant and seasoned fintech pioneer who previously founded Citrus Pay (sold to Naspers for $130M) and led PayU India, Gupta has been a prominent architect of India's neobanking sector.
Source
Timeline: Adyen and Jupiter Money side by side
2006Adyen
Adyen founded in Amsterdam
A group of payments entrepreneurs including Pieter van der Does and Arnout Schuijff founded Adyen.
2012Adyen
North American office opened
Adyen opened its San Francisco office as it expanded its international merchant business.
2014Adyen
Growth investment announced
General Atlantic and Temasek joined existing investors in a $250 million funding round.
2017Adyen
European banking license obtained
Adyen obtained a European banking license, expanding its ability to provide acquiring and settlement services.
2018Adyen
eBay payments partnership announced
eBay selected Adyen as a primary payments processing partner for its managed-payments transition.
2018Adyen
Euronext Amsterdam listing
Adyen began trading on Euronext Amsterdam on June 13, 2018 at an offer price of €240 per share.
2019Jupiter Money
Jitendra Gupta and Vishnu Jerome start Jupiter; $24M seed round at about a $70M valuation.
2021Adyen
US banking branch launched
Adyen launched its US banking branch after receiving federal and state approvals.
2021Jupiter Money
Jupiter app launches with Federal Bank; acquires savings app Easyplan; $45M Series B co-led by Nubank.
2021Jupiter Money
December: $86M Series C led by Tiger Global and QED at about a $710M valuation.
2022Adyen
Embedded financial products expanded
Adyen introduced business accounts and capital products for platform customers in addition to issuing.
2022Jupiter Money
Acquires HR-tech startup sumHR to support salary accounts (disclosed February 2023).
2023Adyen
Co-CEO structure established
Ingo Uytdehaage became co-CEO alongside Pieter van der Does after shareholder approval.
2024Adyen
Annual 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.
2024Jupiter Money
FY24 consolidated operating revenue reaches ~$5.94 million (₹51.2 crore); loss narrows 23% to ~$27.1 million (₹233.6 crore).
2025Adyen
Net 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).
2025Jupiter Money
October: raises about $15M from Mirae Asset, BeeNext, 3one4 Capital and Gupta at a flat ~$600M valuation.
2026Adyen
Talon.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.
2026Jupiter Money
Talks to buy a minority stake in SBM Bank India collapse; Jupiter focuses on reaching breakeven.
Acquisitions
Jupiter Money
- sumHR2022Undisclosed
- Easyplan2021Undisclosed
- EasyPlan2021Undisclosed
- Mitter.io2021Undisclosed
Questions about Adyen vs Jupiter Money
Who is the CEO of Adyen N.V. and Jupiter Money?
Adyen N.V. is led by Pieter van der Does and Ingo Uytdehaage and Jupiter Money is led by Jitendra Gupta. Both serve as the top executive responsible for the company's strategy, operations, and financial performance.
When was Adyen N.V. founded vs Jupiter Money?
Adyen N.V. was founded in 2006 — 13 years before Jupiter Money, which was founded in 2019. Adyen N.V.'s longer operating history gives it a deeper track record but also potentially more institutional inertia compared to the younger Jupiter Money.
How many employees does Adyen N.V. have compared to Jupiter Money?
Adyen N.V. employs approximately 4,771 people, while Jupiter Money employs approximately 450. Adyen N.V. has the larger workforce at 4,771 employees, compared to Jupiter Money's 450. A higher headcount does not necessarily imply greater efficiency — it often reflects differences in business model (e.g., manufacturing vs. software).
Where are Adyen N.V. and Jupiter Money headquartered?
Adyen N.V. is headquartered in Netherlands and Jupiter Money is headquartered in India. Their different home markets mean they may face different regulatory frameworks, tax regimes, and currency exposure.
Who founded Adyen N.V. and Jupiter Money?
Adyen N.V. was founded by Pieter van der Does, Arnout Schuijff. Jupiter Money was founded by Jitendra Gupta, Vishnu Jerome.
Which company has a longer operating history — Adyen N.V. or Jupiter Money?
Adyen N.V. has been operating for approximately 20 years, making it the more established of the two companies. Jupiter Money has been in operation for around 7 years. A longer operating history often signals greater institutional resilience and brand recognition, though it can also mean slower adaptation to new market conditions.
Figures come from each company's filings and the sources linked beside them. Amounts reported in another currency are shown in US dollars at an approximate rate and marked with ~. Back to the Adyen vs Jupiter Money overview