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UK Grants Banking License To Amsterdam-Based Adyen, Which Saw Recent Interest From Cathie Wood’s ARK Invest

Dutch payment technology giant Adyen (OTCMKTS: ADYEY) nabbed a banking license in the U.K., enabling its merchants to offer cash advances to small and medium-sized enterprises there.   Adyen is used by several high-profile companies including Microsoft, Instacart and Subway as an all-in-one payment processor.