Dutch Fintech Adyen Valued At Up To 83 Billion As Investors Seek Shares


AMSTERDAM – The listing of Adyen, the Dutch firm whose payments processing technology is used by Facebook and Netflix, got off to a strong start on Tuesday when investor demand for its shares covered those on offer within an hour.

Existing shareholders in Adyen, whose customers also include Uber and eBay, are selling a stake of up to 14.2 percent in the financial technology company which indicated in its prospectus its total equity would be valued at 6.5 billion-7.1 billion euros ($7.3 billion-$8.3 billion) when it lists on June 13.

Adyen is debt-free and profitable, and its listing, in the form of a secondary share offering, had been seen as one of the most prominent in Europe this year, after several were shelved last month.

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