Q1 2024 Figures

Processed volume was €297.8 billion, up 46% YOY, as a result of volume acceleration with existing enterprise customers.

Net revenue was €438.0 million in Q1, up 21% YOY. On a constant currency basis, net revenue growth would have been unchanged.

The company onboarded 26 net-new joiners. Consistent with the company’s previously communicated hiring strategy, over half of these team members filled commercial roles, while the rest joined the tech domain.

Quarterly Business Update

This press release highlights key information and results from Q1 2024. You can find the full Q1 2024 Business Update here.

The information in this press release and the Q1 Business Update is unaudited.

Business Update Webcast

Today, at 3 PM CEST, Adyen will host a Business Update call with our CFO, Ethan Tandowsky. You can access the livestream here. An audio recording will be made available shortly after on the same webpage.

About Adyen

Adyen (ADYEN:AMS) is the financial technology platform of choice for leading companies. By providing end-to-end payments capabilities, data-driven insights, and financial products in a single global solution, Adyen helps businesses achieve their ambitions faster. With offices around the world, Adyen works with the likes of Meta, Uber, H&M, eBay, and Microsoft.

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