UAE - Mubasher: Adyen, a Dutch fintech company, has established its Middle East headquarters at the Dubai International Financial Centre (DIFC), as part of its expansion plan in the region.
The fintech unicorn has a market capitalisation of EUR 66.4 billion ($80 billion) and executed over EUR 303.6 billion transactions in 2020, according to a press release on Wednesday.
The Dutch company has also set up its presence in other financial hubs across the world, including New York, London, Hong Kong, Singapore, and Tokyo.
The head of Middle East at Adyen, Sander Maertens, said: "Being part of DIFC’s ecosystem will help Adyen build out our offering to support the needs of both international as well as local merchants."
Meanwhile, the CEO of DIFC, Arif Amiri, said: "They are joining the region’s largest, most innovative and forward-thinking community of more than 2,500 financial-related businesses who are working with us to shape the future of the industry."