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    ADYEN   NL0012969182

ADYEN N.V.

(ADYEN)
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Real-time Quote. Real-time Euronext Amsterdam - 11/26 11:35:14 am
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11/25ADYEN : Raised from Sell to Buy by DZ Bank
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11/23S&P Assigns Adyen A- Rating Over Conservative Financial Policy
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11/23ADYEN : Gets a Buy rating from JP Morgan
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Adyen N : Givex Launches GivexPay, an Integrated Payment Solution for Merchants, powered by Adyen for Platforms

10/20/2021 | 10:01am EST

Givex, the global IT platform focused on providing merchants with useful customer insights, announced today the launch of GivexPay powered by Adyen, the global payments platform of choice for many of the world's leading companies.

Givex provides merchants with gift card programs, customized loyalty programs, kitchen display systems, inventory controls, kiosks, handheld ordering tablets, online ordering apps, as well as an omnichannel POS system that, with today's announcement, includes GivexPay, an integrated payment processing solution powered by Adyen for Platforms.

Adyen for Platforms enables platforms and marketplaces to facilitate payments between their users and end customers. Built on Adyen's global payments platform, the product extends acquiring with features, functionality, and set-ups designed for payment flows unique to platform business models. This helps merchants continually enhance their service offering, gain access to the latest payment innovations, and scale globally using a single payment system.

Adyen for Platforms, will enable Givex to enhance its service offering, gain access to the latest payment innovations, and scale globally with one integrated system. Additionally, with the partnership, Givex can now provide their merchants turnkey access to payment capabilities, including being able to accept payments in-store, online and mobile.

The Givex platform already provides merchants with flexible, easy-to-use analytics tools that deliver crucial data about customers and their needs. The addition of GivexPay adds additional insight into how customers transact and engage with the merchant's business.

"We're very glad to be partnering with Adyen to deliver GivexPay, the new payment solution, to our merchants," says Mo Chaar, Chief Commercial Officer, Givex. "With this launch, we will be able to better serve merchants looking for an all-in-one management solution that includes POS and payment processing, with the support and scalability they need to grow."

"We've worked with Givex for some time now and we were thrilled to support them with GivexPay," says Kamran Zaki, COO, Adyen. "We're glad to forge these partnerships with forward-thinking global platforms like Givex, especially in Canada. By leveraging Adyen for Platforms, Givex is able to provide their merchants with an integrated payments service. This helps Givex remove operational complexity and provide optimal payment experiences for their merchants' shoppers."

About Adyen

Adyen (AMS: ADYEN) is the payments platform of choice for many of the world's leading companies, providing a modern end-to-end infrastructure connecting directly to Visa, Mastercard, and consumers' globally preferred payment methods. Adyen delivers frictionless payments across online, mobile, and in-store channels. With offices across the world, Adyen serves customers including Facebook, Uber, Spotify, Casper, Bonobos and L'Oréal. The cooperation with Givex as described in this merchant update underlines Adyen's continuous growth with current and new merchants over the years.

Disclaimer

Adyen NV published this content on 20 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 October 2021 14:00:07 UTC.


ę Publicnow 2021
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Financials
Sales 2021 1 004 M 1 137 M 1 137 M
Net income 2021 463 M 524 M 524 M
Net cash 2021 2 797 M 3 166 M 3 166 M
P/E ratio 2021 163x
Yield 2021 -
Capitalization 73 918 M 83 647 M 83 661 M
EV / Sales 2021 70,8x
EV / Sales 2022 50,3x
Nbr of Employees 1 954
Free-Float 76,0%
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 28
Last Close Price 2 422,50 €
Average target price 2 676,78 €
Spread / Average Target 10,5%
EPS Revisions
Managers and Directors
Pieter van der Does President & Chief Executive Officer
Ingo Jeroen Uytdehaage Chief Financial Officer
Piero S. Overmars Chairman-Supervisory Board
Alexander Matthey Chief Technology Officer
Kamran Zaki Chief Operating Officer
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