Adyen N.V.

and thank you for joining Adyen's Q3 2024 business update call. My name is Josh Massa, Head of Investor Relations, and I'm happy to be joined today by our CFO, Ethan Tandowski. In today's call, we'll discuss Adyen's financial and business updates from the quarter, followed by a Q&A segment. As this session will be slightly shorter than our half-yearly earnings presentation, we ask you to keep your questions to a maximum. questions, please use the Zoom Q&A functionality rather than the raised hand option. And as always, we ask that you include your full name and the firm you represent when submitting your questions. So with that, let's get started. Ethan, can you speak to the progress made throughout the business over the last few months?

Yeah, thanks, Josh. It's value for our customers through ongoing product innovation on our single global platform. Audion's ability to meet customer needs was ultimately reflected in our net revenue, which was up 20% year-on-year, or 21% on a constant currency basis. We're proud of this growth and the progress we've made towards our expectations for the full year, which was achieved despite stronger comparables and demonstrates the strength of our core offering. Key drivers included gaining wallet share with existing customers, further diversifying our merchant mix, and winning new business across all of the three pillars. This net revenue growth is a great representation of the value we are able to create for our customers. Thanks for that summary, Ethan.

It's clear that Q3 was a period of strong but business-as-usual delivery as we continue to focus on the long-term outlook. And now that we have the high-level picture, can you also touch upon how growth looked within the pillars? Sure.