Adyen: A First Principles Payment Platform - [Business Breakdowns, EP. 50]
发布时间 2023-08-23 09:42:17 来源
摘要
This is Zack Fuss and today we’re breaking down European-based payment business, Adyen. We cover Adyen’s single-platform payments solution in detail, what has led it to achieve unusually high levels of profitability and growth, and why payments doesn't have to be a winner-take-all market.
Our guest is Michael Willar, a portfolio manager at Stenham Asset Management. For the full show notes, transcript, and links to the best content to learn more, check out the episode page here: https://www.joincolossus.com/episodes/30866661/willar-adyen-a-first-principles-payment-platform
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Show Notes
[00:00:00] - Introduction
[00:02:55] - [First question] What Adyen is and what they do
[00:05:54] - General overview of how payment processing works
[00:07:29] - Flow of a transaction and how they manifest
[00:09:52] - How the business generates revenue and their revenue model
[00:11:25] - Where Adyen sits in the industry and the size of it today
[00:13:37] - The reality of processing 50-60% of their addressable market
[00:16:19] - What about their culture and founding story makes them so nimble
[00:21:18] - The competitive strengths of the business and their innovative solutions
[00:24:07] - Key revenue drivers for Adyen
[00:26:01] - What is it about Adyen’s business structure that enables them to grow so rapidly while still being profitable
[00:29:34] - Key growth drivers
[00:32:44] - What gives Adyen its competitive advantage over other payment providers
[00:35:56] - Having one platform is beneficial but why isn’t it a more popular approach?
[00:37:42] - The secret sauce behind their successful growth trajectory
[00:39:25] - The essence of Adyen’s culture and how it manifests in their day-to-day work
[00:42:04] - What Adyen plans to do with all of the cash they produce
[00:43:35] - What keeps him up at night and potential threats to the business
[00:47:54] - Is there a chance anyone could build a platform comparable to Adyen?
[00:50:06] - Key differences between Stripe and Adyen
[00:56:23] - Lessons learned from studying Adyen and what payment service builders can learn from them
#businessbreakdowns #Adyen #Podcast
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