Disclosure certainty 4/5 debate potential 1/5

Uytdehaage: Adyen secured Indian licenses and local data center infrastructure

Ingo Uytdehaage · Ingo Uytdehaage, Adyen | All-In Summit 2024 · Oct 10, 2024 · at 16:35

Ingo Uytdehaage is Co-CEO of payment giant Adyen. He discusses Adyen's multi-year effort to comply with India's strict data localization laws.

0:00 / 0:16exact quote · 16.0s
▶ Watch the full episode on YouTube → 720p mp4 · rendered on demand · StarZero watermark
“We have local data centers now in India. We got all the licenses and we're one of the few international companies, maybe the only one right now that can offer this to international companies that want to go domestic or international companies that want to go cross border.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

More from Ingo Uytdehaage

Assertion Not checkable as stated
Uytdehaage: Only Adyen and Stripe globally invest in fintech infrastructure
“Because I think we are the only two companies globally that are investing in technology, in financial technology.”
Ingo Uytdehaage Oct 10, 2024 ▶ 2:33 Ingo Uytdehaage, Adyen | All-In Summit 2024
Prediction Not checkable as stated
Uytdehaage: SWIFT alternatives, including stablecoins, will likely emerge longer term
“I think there is a likelihood there will be alternatives. Yeah. And also I think to your example on stable coins, like that could be an alternative longer term. Also if there are issues with Swift.”
Ingo Uytdehaage Oct 10, 2024 ▶ 22:25 Ingo Uytdehaage, Adyen | All-In Summit 2024
Assertion Not checkable as stated
Uytdehaage: Most Adyen volume comes from displacing legacy banks
“But if you see where we win most of our business, it's with the traditional businesses. So indeed, the incumbents, the banks, that's where volume comes from.”
Ingo Uytdehaage Oct 10, 2024 ▶ 3:28 Ingo Uytdehaage, Adyen | All-In Summit 2024
Assertion Not checkable as stated
Uytdehaage: Incumbent banks have not invested in payment technology for ages
“I think if you look at this industry banks, incumbents haven't invested for ages.”
Ingo Uytdehaage Oct 10, 2024 ▶ 3:43 Ingo Uytdehaage, Adyen | All-In Summit 2024
Disclosure
Uytdehaage: Adyen has a US banking license and direct Fed access
“So in the US we have our own access to the FED. We have a license, a banking license in the US. So we don't need commercial banks to be successful.”
Ingo Uytdehaage Oct 10, 2024 ▶ 4:39 Ingo Uytdehaage, Adyen | All-In Summit 2024
Prediction Not checkable as stated
Uytdehaage predicts public and private fintech valuation gaps will rationalize
“I think so. Ultimately, if we're both public you're going to compare the same numbers and it's a combination of growth rate and profitability.”
Ingo Uytdehaage Oct 10, 2024 ▶ 11:06 Ingo Uytdehaage, Adyen | All-In Summit 2024
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 460 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.