Will New Products Help Adyen Make Its Expansion Plans a Reality?
Dutch payments company Adyen (OTC: ADYYF) is rolling out an entirely new functionality – it now issues debit and credit cards. Based on advanced Application Programming Interface (API), such cards allow Adyen clients – which include eBay, Uber and Netflix to name just a few-to provide virtual and physical cards to their customers.
Adyen is also advancing into new territories, as it works on winning new business in Asia and the U.S. So will the current set of Adyen functionalities allow this fintech venture to continue its rapid expansion?
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Source Fool.com
