-51%

est. 2Y upside i

FinTechSeries C

End-to-end payment platform for global commerce

Rank

#3696

Sector

Fintech

Est. Liquidity

~2Y

Data Quality

Data: High

The expected equity return is -51% over 2 years, driven by a high entry valuation ($30B at 11.5x revenue) and slowing growth.

Last updated: July 3, 2026

Bull (25%)-13%

Exit multiple holds at 8x (above comp range) due to category leadership and IPO window reopening. Revenue reaches $3.25B, implying $26B exit, a 13% loss from entry.

Base (40%)-51%

Exit multiple converges to 4.5x, in line with public fintech comps. Revenue of $3.25B yields $14.6B exit, a 51% decline.

Bear (35%)-78%

Multiple compresses to 2x amid competitive pressure and growth disappointment. Exit value $6.5B, a 78% loss; preference stack negligible.

Est. time to liquidity~2.0 years

Preference Stack Risk

low

Funding Intensity

88%

Total funding of $266M on a $30B valuation (0.9% overhang) means preferred stack has negligible impact on common equity.

Dilution Risk

low

Company is profitable and has low capital intensity; no near-term raise expected.

Secondary Liquidity

active

Recent secondary market activity at $30B provides a liquid price signal.

View all 283 open roles at Adyen →

Last updated: March 10, 2026

Questions to Ask at the Interview

Strategic questions based on Adyen's data — designed to show you've done your homework.

  • 1

    “How does Adyen plan to defend its market share against Stripe's aggressive expansion?”

  • 2

    “What is the unit economics (e.g., take rate, customer acquisition cost) and how do they compare to PayPal?”

  • 3

    “Given the CFO departure and revised growth outlook, what is the timeline for an IPO and what liquidity events are planned for employees?”

Community

Valuation Sentiment

Our model estimates -51% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.