Mobile payments firm breaks the $1 billion funding threshold

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Adyen reaches a $1.5 billion valuation after latest round of funding Adyen, a mobile payment firm based in Amsterdam, has raised $250 million during its latest round of funding, bringing its valuation to $1.5 billion. The startup aims to provide consumers with a simple way to accept payments no matter where they are and without currency restrictions. The platform could make it easier for online merchants to sell their products throughout the world, rather than in a specific market that may or may not be as active as they want…

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Mobile payments from Adyen claim to offer something different

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The company from the Netherlands provides smartphone, tablet, and online services to multinationals. The mobile payments marketplace appears to be gaining new players on a weekly basis, but the recent addition of Shuttle, by Adyen, is being launched under the claim that it will have something different to offer from the competition: customers. The organization which is based in the Netherlands already has a number of multinational enterprises as customers. Among these customers include Groupon, Vodafone, and KLM. The Shuttle also provides a functionality that is slightly different from the…

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