Adyen named primary processor for Cash App business payments (Feb 2024)

Adyen won Cash App as a customer on February 8, 2024.

Primary

Adyen

Customer

Cash App

Structure

Multi-year processing

Date

February 8, 2024

Sub-sector

Payments

Adyen lands Cash App business payments as a flagship US customer, signaling continued displacement of legacy acquirers in modern fintech-on-fintech infrastructure deals.

Primary company

Adyen

Counterparty

Cash App (Customer)

Amount

—

Event date

February 8, 2024

Sub-sector

Payments

HQ

Netherlands

Structure

Multi-year processing

Source published

February 8, 2024

Publisher

Adyen

Source: adyen.com