Adyen expands operations in the U.S market
Amsterdam-headquartered Adyen (AMS: ADYEN) is on an expansion spree. After entering the Middle East market, the company has now received a banking branch charter in the United States to establish a Federal Foreign Branch, the company said.
Banking licensing overseer, the Office of the Comptroller of the Currency (OCC), has approved Adyen last month to expand its operations in the United States. The company offers end-to-end payment infrastructure in the European markets and has offices across the globe. Some of its top clients are Facebook, Uber, Spotify, and Microsoft.