Federal Reserve Board announces approval of application by Adyen, N.V.

The following press release was published by the Board of Governors of the Federal Reserve System on May 24. It is reproduced in full below.

The Federal Reserve Board on Monday announced its approval of the application by Adyen, N.V., Amsterdam, The Netherlands, to establish a federally-licensed branch in San Francisco, California.

Attached is the Board's order relating to this action.

For media inquiries, call 202-452-2955.

Source: Board of Governors of the Federal Reserve System