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Adyen NV

Fintech firm Airwallex hits $500M ARR, plans to be IPO-ready by 2026

by Walter Watson
Fintech firm Airwallex hits 0M ARR, plans to be IPO-ready by 2026

Airwallex, which was most recently valued at $5.5 billion and is backed by Tencent, has been tipped as one of many prominent fintech IPO candidates. Jose Sarmento | Bloomberg | …

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Goldman names global ‘alpha’ stock ideas, giving one nearly 60% upside

by Walter Watson
Goldman names global ‘alpha’ stock ideas, giving one nearly 60% upside

European markets have largely had a good run this year — with several market watchers looking keenly at the region and saying that it could have a ” greater tailwind …

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Stripe rival soars 21% on profit beat, hiring slowdown

by Walter Watson
Stripe rival soars 21% on profit beat, hiring slowdown

Adyen reported a big miss on first-half sales Thursday. The news drove a $20 billion rout in the company’s market capitalization . Pavlo Gonchar | Sopa Images | Lightrocket | …

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SumUp defies fintech funding slump with $307 million fundraise

by Edgar Davis
SumUp defies fintech funding slump with 7 million fundraise

SumUp Chief Financial Officer Hermione McKee said the fresh capital gives the company “more firepower to act on opportunities,” including acquisitions and new country launches. SumUp British payments startup SumUp, …

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Plaid taps Adyen executive to lead its European operations

by Edgar Davis
Plaid taps Adyen executive to lead its European operations

Plaid’s new head of Europe, Brian Dammeir. Plaid U.S. financial technology firm Plaid has hired former Adyen executive Brian Dammeir as its new head of Europe, the company told CNBC …

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Early Revolut backer Lakestar leads $40 million investment in Swan

by Edgar Davis
Early Revolut backer Lakestar leads  million investment in Swan

Swan co-founder and CEO Nicolas Benady. Swan European venture capital giant Lakestar, an early supporter of fintech unicorn Revolut, has emerged as a prominent backer of French fintech startup Swan. …

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China rates, FTSE 100, DAX, CAC 40

by Walter Watson
China rates, FTSE 100, DAX, CAC 40

LONDON — European stock markets were higher on Monday after closing Friday at a six-week low. The Stoxx 600 index trimmed earlier gains to trade 0.1% higher in afternoon trading, …

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Europe’s fintech darling faces big challenges

by Edgar Davis
Europe’s fintech darling faces big challenges

Adyen reported a big miss on first-half sales Thursday. The news drove a $20 billion rout in the company’s market capitalization . Pavlo Gonchar | Sopa Images | Lightrocket | …

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Stock down 28% after record low sales growth

by Walter Watson
Stock down 28% after record low sales growth

The Adyen logo displayed on a smartphone. Rafael Henrique | SOPA Images | LightRocket via Getty Images Shares of Adyen, the European payments giant taking on U.S. titan Stripe, fell …

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