News

Brazil: Adyens payment transactions volume up 160 percent in 2014

Friday 17 April 2015 09:00 CET | News

Global payments technology provider Adyen has revealed that the volume of its payment transactions in Brazil increased 160 percent in 2014, representing more than 300 percent revenue growth.

Adyen currently has around 200 clients in Brazil including global companies such as Groupon, EasyTaxi, and Crocs, and local businesses such as Azul Linhas Aéreas, O Boticário, Hering, and OLX. Adyen started to process payments in Brazil in 2010 when it partnered with Groupon to launch its operation in the market. Soon after, Adyen opened its São Paulo office, comprised of a team of local payments experts.

On a global level, Adyen processed USD 25 billion of transactions in 2014, and received an investment of USD 250 million from investment funds, including General Atlantic, to focus on its global expansion.

Adyen is a payments technology company that provides businesses with a single global platform to accept payments anywhere in the world. Adyen enables businesses to process payments across online, mobile and point-of-sale (POS) with over 250 payment methods and 187 transaction currencies.

For more information about Adyen, please check out a detailed profile of this company in our dedicated, industry-specific online companies database.


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: Adyen, Brazil, payment transactions, online payments
Categories: Payments & Commerce
Companies:
Countries: World
This article is part of category

Payments & Commerce






Industry Events