Adyen’s Post

Once a year everyone at Adyen travels to Amsterdam to connect: with what we’ve accomplished, with where we’re going and most importantly with each other. This is such an impactful week for us. But many of the lessons scale beyond Adyen. Here are the takeaways from day 1: 💡There’s not always a perfect plan. At #Adyen, we launch fast and iterate. Practice beats theory! Working on things that don’t work out is how we learn. We’re not here to maintain the status quo - this is the place to be if you want to #build. 🛑 What does creative writing and scaling a #fintech have in common? To get over the finish line, dare to kill your darlings. If what you’re working on isn’t creating #impact, pause, prioritize and pivot. 🥇Adyen’s success comes from creating our own path. When we first eyed building acquiring everyone said “don’t do it”. But when we explored it, we saw a way and set out to build it in 1.5 years. 1 year and three months later (!) we were live. With the right team, anything is possible. … And finally - #TIL that you can code music! Developer DJ is a thing 🔥 #engineeredforambition #team #scaleup #AdyenConnect

🙌 Record ticket sales for our event this Wednesday afternoon. Interest in fintech in Barcelona is steadily increasing. Case in point: the Government of Catalonia pushing for a Finance hub in the past year and Aticco winning the tender and having just announced their plans for the Barcelona Finance Hub by Aticco last Friday. We notice this growth as well, with our event this week having already surpassed a new record in ticket sales for our recurring panel/speaker event since we introduced paid tickets. And that's despite a new venue that is a bit further outside than usual. Obviously, a big part at play here is the ⭐ 5-star line up of panelists Gwendoline Savoy from Powens, Elie Bertha from Thunes and Dr. Alina Kornienko from Quppy. The fintech industry itself has had also a positive start to the new year, with fresh funding rounds, new product launches and expansions. So it's the perfect opportunity to bring together everyone, learn from payment tech experts, network, and discuss all the latest developments. With what's set to be a sell-out event and record turnaround for this type of event format, you def don't want to miss it. Fortunately, there are still some last tickets available. Plus, as a thank you we've added a discount to make the late-bird tickets more accessible to you. 👉 Get your ticket here: https://lnkd.in/dezgJzwW (tickets can be purchase online up until the event starts, as long as there are still some left) #bcnfintech #barcelona #fintech #finance #paymenttech #technology #community #event

#Stopover Berlin - the #Fintech ecosystem: On my way back to #BER airport, I stopped by SumUp, located right next to Berlin's Ostbahnhof, to catch up with Marc-Alexander Christ. While he's at least a generation younger than me when it comes to payments, we've probably always been watching what the other is doing on the merchant payments side and in fintech in general. Anyway, we've been connected on LinkedIn since 2015. At that time, Marc was already Sumup and I was Concardis GmbH jetzt Nexi - so we were so-called market companions - he was already in the "new" world, I was still busy with transforming the "old" Concardis - a company that had emerged from the old payments world through several spin-offs - into a fintech company. At the beginning of 2015, Concardis had become a new investor in orderbird and thus also "joined" the Berlin fintech scene as a player. However, the old days were less of a topic today. It was more about the trends in the German and European fintech #ecosystem, the strategic challenges, and the common goal to create fintech champions with a focus on Europe. We talked about the challenges of #regulation, about #AI, about the discrimination and inefficiencies (e.g. #IBANdiscrimination) that we see in European #payments and #banking. Of course, I didn't come empty-handed, but I found Marc to be an interested reader of the new "digital bestseller" from Frankfurt School Verlag (at least among professional books) "Digital Society" which I co-edited recently with Jürgen Moormann and Dietmar Schmidt.-) After a short view from the company terrace, I continued my way back to the Rhineland.

When I last visited the team in Visa Poland, I also met with some of our clients in Warsaw and sat with Marek Tejchman from Dziennik Gazeta Prawna. We discussed the paramount role of security in payments and the evolution of value which can flow from that strong foundation. Throughout history, when payment innovation happens, commerce has thrived. Today, it is tokenisation that is enabling greater security, confidence and growth for merchants in Poland and across Europe. The convergence of data, choice and experience, together with great innovation and scale, is unlocking new value for people, businesses and economies.   You can read Marek’s article here: https://lnkd.in/dCjgy3B7

I recently read the story of Sergio Marchionne told by Tommaso Ebhardt. In 2018, Marchionne said that “auto companies need to quickly separate the stuff that will be swallowed by commodity from the brand stuff”. What he meant is that “mere people transporters” will struggle to be profitable in a drastically evolving environment…and this got me thinking. How has transportation changed in crowded and busy cities in the past 5 years? Consumers, attracted by more efficient and independent commuting solutions, have increasingly been using smaller and easier to park vehicles. This shift in consumers’ behaviours has enabled sharing micro mobility platforms to flourish 🛴🚲🛵 The European market size was estimated to be €1.5bn in 2022, growing 11% yoy and counting more than 100 active platforms across 600 cities. In the coming years, 3 key factors are expected to boost the growth of the industry: • Government investments in cities’ infrastructures and policies • Increased environmental concerns • Development of new micro mobility solutions Conservative estimates see the shared micro mobility European market reach €10bn revenue by 2030, showcasing a 30% CAGR. Given the large numbers of players only in Europe, will we see a lot of M&A activity in the coming years or the rise of interoperable solutions? How are payment providers such as Stripe and Adyen serving the evolving needs of these platforms and adjusting to the changing industry? Will we see the rise of a unified KYC and e-wallet experience, potentially also integrated with car sharing providers? Really interesting industry segment, what are your thoughts? Let’s discuss. #micromobility #platforms #payments

Adyen Connect week 2023 - Unleashing the Connect superpower 😂💚🚀 One of the coolest thing about Adyen is that once a year we get the chance to meet in person with our amazing colleagues usually spread all across the globe. Meeting in person allows to connect. Connect ideas 💡 but also share struggles and involve different perspectives to shape new potential initiatives. It also gives us so much energy and a boost shot for the rest of the year! 🚀 Yesterday was the kick off event of our Connect week 2023 : Grandiose 🤩💚 And we are just warming up… #fintech #payment #Adyen #Globalevent #Connect

Exciting news! 🎉 We’ve teamed up with Adyen, a global fintech leader, to transform payment processing and the guest experience in hospitality. This integration ensures hotels can now enjoy smooth and secure transactions, setting a new efficiency and convenience benchmark. 🌟 For more on this exciting collaboration, check out the 🔗 in the comments below!  

#NFW23 It was a great Nordic Fintech Week in Copenhagen. Highlights from the exhibitors and speakers, for me pointing towards some of the challenges ahead for digital policy, institutions & infrastructures: 🌐 Day one discussion between Thomas Krogh Jensen and Sopnendu Mohanty raised the question - how proactive do governments and regulators need to be to give businesses the digital foundations they need to scale across-borders and strengthen the multi-lateral economic system? Governments in Asia seem to have more latitude to …(more to gain...less to lose from?)…developing new digital institutions and infrastructure. Nordic enterprises demonstrate no shortage of ability, but maybe they need more cross-government support to help bring their respected open market approaches to the rest of the world. Where is the Nordic Fintech equivalent of Spotify?, asked Sopnendu. §  Companies including REGTECH DATAHUB, goscore, International Carbon Registry highlight the valuable role of publicly verified and accessible data (for regulatory reporting, climate) and open finance arrangements to access private data (for client reporting, inclusion…). But they point to the need for open and scalable ways for these companies to harness more private and public data in ways that still allow us to trust, verify and apply it. We need policy supported ecosystems that enable these companies to work across borders, overlay new Privacy Enhancing Technologies (PETs) within an increasingly complex international landscape governing digital infrastructure, trade, data protection and identity. I Look forward to progress on these topics next year. § 🏛  There is growing relevance for regulatory frameworks for tokenized assets, including deposits and invoices, to support cross-border payments and supply chain finance. Companies like Centiglobe show deployment of DLT solutions in regulated markets is progressing, with interest from investors in trade receivables often leading the way. Solutions for invoice capture, payment and finance ( also represented among exhibitors) and soon going to join the dots here with DLT and Tokenisation like is happening in Singapore (see Linklogis). Keep watching. #Datasovereignty #Openfinance #Digitalpublicinfrastructure #Invoicefinance #LEI Navin Suri, Laura Kristine Østergaard Sørensen, Petter Sandgren, Lars Christiansen, Gudmundur Sigbergsson,Matteo Rizzi, Takeshi Kito, Ryosuke Ushida, Pieter Franken, Pat Patel, Arvid Torset, Francesca Aliverti, Ronit Ghose, Sagari White

On the 20th and 21st of March, our colleagues Gijs ter Horst and Ritse Klink attended the Mobey Forum Member Meeting in the vibrant and sunny city of Barcelona, Spain 🇪🇸 These quarterly meetings are always a highlight for us, providing a great platform for meeting industry peers, engaging in meaningful discussions, and exploring potential new partnerships. The focus of this meeting was "Financial ecosystems as enablers for meaningful customer engagement," a topic crucial to the goals of a lot of companies in our industry. The insights from these discussions were very valuable, offering a deeper understanding of the current landscape and informing future strategies across the different XMDS organizations. Ritse Klink, the CCO of Ginger, our white-label PSP solution, returned with a wealth of knowledge and a host of new connections. Similarly, Gijs ter Horst, the CCO of Ximedes, found the event to be very insightful, engaging in deep discussions that not only reinforced existing strategies but also led to exploring new opportunities for integration within the Ximedes offerings. For more information about Ximedes visit: https://ximedes.com/ and to learn more about Ginger Payments visit: https://lnkd.in/eyR7uSf5. #Mobeyforum #Fintech #Innovation #Barcelona #FintechEcosystem #Payments