Probably by now Europe's biggest FinTech success, Adyen, the Amsterdam-based company saw revenue double in 2016 and expects similar results in 2017. The company said it generated more than $1.4 million in revenue per employee and has been profitable since 2011.
Adyen, one of Europe's biggest fintech companies, saw revenue last year rise 99 percent to $727 million (686 million euros) and expects it to double again in 2017 to around $1.5 billion, Roeland Prins, the company's chief commercial officer, said on Wednesday. The Amsterdam-based company handles cross-border payments for ecommerce giants Airbnb, Booking.com, Spotify and Uber, advertising for Facebook and Twitter and ads and subscriptions for LinkedIn and is expanding in the Americas and Asia. "The bigger this company gets, doubling in percentage terms starts to get more challenging, but we should double again in the current year," Prins said in a phone interview, referring to annual revenue.
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