Blogs

Adyen's Banking License

Faster settlement times, greater stability, and innovative financial services

April 16, 2024
 ·  5 minutes

In 2017, we received our first banking license in the EU. As of 2023, Adyen holds banking licenses in the EU, UK, and the US. Before this, we did what many other payment service providers do: we used sponsor banks to facilitate money movement and provide compliance oversight. 

So why did Adyen acquire banking licenses?

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