H1 2023
Shareholder letter
Meeting customer needs amid changing landscape
As a result of higher inflation and interest rates, North American digital customers shifted focus from growth to cost savings in H1
Strong Platforms and Unified Commerce growth demonstrated our persisting ability to solve complexity
Our single tech stack helped us meet customer needs, whether they be globally expanding, streamlining operations, or optimizing cost
Continued investments in scaling the global Adyen team
In order to reach our full potential at our next phase of scale, we added 551 FTE to the team in H1
The majority of new hires (75%) were in tech roles, building our global engineering muscle dedicated to both young and mature initiatives
With Adyen becoming a larger and more global company every cycle, we prioritized scaling our culture of speed and autonomy
The global digitization of business fueled our growth and product launches
We continued innovating at speed, with high-impact product launches including Data Connect, Payouts, and Data-Only
Unified Commerce and point-of-sale volume growth highlighted the ever- growing relevance of advanced, cross- channel payment journeys
Adyen for Platforms continued to appeal to leading platform businesses, resulting in new partnerships with Olo, AffiniPay, and Buildertrend
Interim Condensed Consolidated Financial Statements
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Important Regulatory Notice
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