SoundCloud Teams Up With Adyen Payment Service

SoundCloud Teams Up With Adyen Payment Service

Original post by Nick Clayton via WSJ

Berlin’s SoundCloud has been going through a period of rapid change and growth. The start-up, with its stated mission to “unmute” the Internet has revamped its services with what it calls “The Next SoundCloud” as well as last year receiving investment from leading tech VC companies Union Square Ventures and Index Ventures.

Adyen offers 100 payments methods worldwide, providing single click payments to retailers. It is currently used by Groupon UK, to power its My City Deals service, and Vodafone, Badoo, Photobox and Spreadshirt.

It seems, according to a statement from SoundCloud quoted by The Next Web, that the problem is growth.

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