Online Payment Platform on its way to a new record year

It feels great to be able to state this well before the end of the year: Online Payment Platform will achieve another record year in 2021. We already received a Deloitte Fast 50 award last year due to our steep growth, but we are going to be even bigger this year. And thanks to the increasing adoption of online payments, our rapid international growth and the ambitious start-ups, scale-ups and major international platforms and marketplaces that join us, we can confidently expect that 2022 will exceed this year as well.

A wonderful milestone is that we now serve more than a hundred live partners in the Netherlands, Belgium, Portugal, Great Britain and Germany. With startups and scale-ups such as Brenger, Portneeds, Seev and Pakske and established names such as Gumtree, PayPal and eBay Kleinanzeigen, it’s clear that our innovative services are attractive for both large and smaller online platforms. We also received recognition for our innovative process by winning the CIO award for Most Innovative Company of the Year. This prize was previously won by companies like Picnic and Elastic.

Magical boundary broken

The national and international increase in the use of platforms and marketplaces is a strong impulse for our growth. In Germany, for example, more than half of all online purchases are made through marketplaces. This is also reflected in the number of merchants we onboard for our partners. With well over 500.000 new connected merchants per month, we have broken a magical boundary. Within the Netherlands, we have now identified and registered more than half of the population over the age of 18. And are well on our way to achieving the same in Belgium, Germany and Great Britain.

We’re also proud of our loyal partner community. Despite a very satisfied partner community and the growth we’re experiencing with new partners, we want to stay ahead of the pack as a fully specialized payment service provider for platforms and marketplaces. That’s why we continuously look at how we can develop and perfect our services to keep the customer journey as safe and seamless as possible. That is our strength, which enables us to facilitate transactions with a relatively small team for millions of end users on prominent platforms and marketplaces in Europe. A good example of our continuous focus on improvement is Mediation Flow, with which we’ve made a big leap forward this year in optimizing the user interface and support. We’re also working on new advanced features that will be introduced next year, such as automated partner onboarding and entirely refreshed interfaces for partners and end users.

New propositions for crowdfunding and auction platforms

New regulations and changing dynamics and risks also create a need for new services. For example, this year we’ve introduced a special solution for crowdfunding service providers. European legislation forces these service providers to reconsider the way in which they have set up payment services. Furthermore we developed a strong proposition for auction platforms to make global B2B payments easier and more secure. One of the largest auctions in the Netherlands is already leveraging this new payment technology.

Payment flow for automotive payments

Also we’ve created an innovative C2C payment flow especially for automotive platforms and marketplaces. This allows consumers to pay and receive money safely and quickly when trading goods online that involve high risks and amounts.

The strong growth in partners, end users and transactions also means that our team is growing. We now have more than forty colleagues on board who largely focus on innovation and support. We’re working hard to double this team in the coming year as well with fantastic people who want to join our success story in our offices in Delft, Berlin and in the near future in England.

With strong propositions, a motivated, growing team and ambitions to push our physical boundaries into even more markets, we’re already looking forward to 2022!