Dutch start-up IPOs and gets $15bn valuation

Adyen, the 12 year-old Dutch PayPal, IPO’d on the Amsterdam exchange yesterday and saw its shares soar to nearly double the IPO pricing valuing the company at $15.8 billion. Adyen processes payments. Customers include Netflix, Facebook and Spotify. It also supplies sales systems for shops for physical transactions. It processed $127 billion worth of payments in ...

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