Talon.One Acquired by Adyen | Financial Services M&A Deal

Adyen has completed the acquisition of Talon.One, a payments processing business in Berlin, for $879 million. Adyen acquires Talon.One to expand loyalty and incentive platform capabilities that help merchants run customer engagement programs and rewards. Talon.One’s Berlin-based platform supports incentive management and loyalty mechanics that can be integrated into Adyen’s payments processing ecosystem. The Talon.One acquisition is a strategic acquisition and Adyen acquisitions move into a platform acquisition approach, with the deal valued at 750 million euro and expected to generate about 60 million euro in annual revenue.