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Adyen Reports Q1 2020 Results, Including 34% Increase in Revenues

Adyen Reports Q1 2020 Results, Including 34% Increase in Revenues

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FintechNews RoundupUSA
··1 min read

Adyen reported their first quarter results today, giving us a sense of the impact of COVID-19 on the payments space; Revenues were $146.9 million, up 34% from the prior year period; while transaction volume increased 38% over the same time period, CFO Ingo Uytdehaage noted that volumes have declined over the last four weeks as the globe has been largely shut down; not surprisingly they have seen huge pickup in online retail volume which made up for declining retail payments. CNBC

  • Emily Donato

    With efforts in many different areas of the team, she helps manage, organize and execute digital and event content. She works with webinars, podcasts, social media along with managing the hundreds of speakers that attend our conferences. Emily was a part of the Zimmerman Advertising Program at the University of South Florida. She graduated in 2019 receiving a Bachelor of Science in Business Advertising.

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