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 | Getty Images Shares of European online payments giant Adyen jumped on Thursday, after the company reported strong sales growth and better-than-expected profit for 2023. Adyen, … Read more

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 exclusively. Dammeir was previously Adyen’s global head of unified commerce, a role he led out of the Dutch payment company’s San Francisco office. Dammeir oversaw … Read more

Stripe rival Adyen secures banking license within the UK

The Adyen emblem displayed on a smartphone. Rafael Henrique | SOPA Photographs | LightRocket through Getty Photographs Dutch funds large Adyen on Thursday stated it received approval for a banking license within the U.Ok., marking a deeper push from the corporate into the banking sector. The corporate stated its new license would permit its retailers … Read more