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202103 Dec
Adyen issues 1.25% shares to online marketplace eBay exercising first tranche warrant
Summary
In 2018, eBay signed an agreement with Amsterdam-based fintech unicorn Adyen to become its main payments processing partner. As a part of the agreement, “eBay is entitled to acquire a fixed number of shares in a series of four tranches (each a “Tranche”) for cash, at a specified price per share upon the terms and conditions set forth in the warrant agreement.”
Source: Siliconcanals
Classifications
Core Activities
Retail
Point of Sale (POS)
Fintech & Banking
Payment Processing
E-Commerce & Retail
Vertical-Industries
Horizontal-Applications
Accounting and Taxes
Web Shopping