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Adyen, a Payment Technology Provider, Doubles Revenue to $350 Million

A cashier scans a customer's purchases at a credit card only payment check-out counter inside a Albert Heijn XL store
Photographer: Jasper Juinen/Bloomberg

Adyen BV, a payments technology provider based in Amsterdam, almost doubled revenue to $350 million in 2015, but is holding off an initial public offering for now.

"We have the luxury where we don't need to raise or go public," said Pieter van der Does, Adyen's co-founder and chief executive officer. "We are different from many other unicorns in that we are profitable. What is happening around venture capital and private equity doesn't affect us."