Dutch based payment processing startup Ayden has seen an 80% growth in payment volumes from 2015 to 2016 totaling at $90 billion. Ayden handles cross-border payments for large companies such as Uber, Spotify and Airbnb.
The Dutch company handles cross-border payments for ecommerce giants Uber, Spotify, Airbnb, and Booking.com, advertising for Facebook and Twitter and ads and subscriptions for LinkedIn.It accepts payments from hundreds of national and regional payment systems. Chief Commercial Officer Roelant Prins said he expects growth this year to be driven by its new in-store payment systems as well as by clients preparing for major changes in European payment regulations expected in early 2018. Adyen's expansion beyond online payment processing to in-store payment systems contributed around 5 to 10 percent of 2016 transaction volumes, Prins told Reuters in an interview, referring to the company's preliminary results. "We expect to grow quite significantly.