As per the latest reports swirling in the tech media world, Adyen, the Amsterdam-based and Silicon Valley-backed digital payments company is prepping itself for an IPO. Reportedly, the company is targeting a valuation of € 6-9 billion ($7-$11 billion).
Recently in January 2018, Adyen got into a deal to handle payments on eBay’s online marketplace (replacing digital payment giant PayPal). The impressive Dutch startup is working with Morgan Stanley and JP Morgan Chase for its IPO listing. Close on the heels of Spotify’s IPO filing, Adyen’s listing would be one of the biggest in Europe for a company. This augurs well for other startups, especially in the Fintech space, that have set shop in Europe.