Half Year 2023 Adyen NV Earnings Call Transcript
Welcome to Adyen's H1 2023 Earnings Call. We look forward to discussing our key updates from the last period. We closed H1 with continued growth of EUR 739.1 million in net revenue, up 21% year-on-year, though we remain focused on building Adyen for the long term. This cycle presented shifting economic dynamics as the macro landscape evolved, we saw North American digital businesses increasingly priorized cost optimization. We know that growth is not always linear and continued progressing towards our sizable opportunity while meeting our customers' ever-evolving needs.
This included launching new products across all pillars from advanced authentication functionality that drives conversion to tap to pay on Android to productizing our payout solution. These innovations enabled us to help drive our customers' ambitions even in the current climate and enabled our distinct momentum across our platforms and unified commerce offerings. To further our trajectory, H1 was also a period of continued investment in building our global team to accelerate growth across key initiatives and regions. The talent
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