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Adyen agrees €750m deal for Talon.One

The payments group buys a Berlin promotions engine so merchants can recognise shoppers and tailor offers at the point of payment.

M&A News deals deskTechnology / Loyalty and promotions software · Germany, Europe23 Apr 2026

Adyen agreed on 23 April to acquire Talon.One, a Berlin-based platform for promotions, loyalty schemes and incentives, for €750m in cash.

Talon.One website: talon.one

Why Adyen N.V. is buying Talon.One GmbH

Adyen said combining its payment data with Talon.One's real-time decisioning would let merchants recognise a shopper and apply a relevant offer instantly across online and in-store channels, advancing its unified commerce strategy.

“With Talon.One, a merchant can recognize a shopper and apply a relevant offer instantly,”Ingo Uytdehaage, Co-CEO, Adyen

Deal terms and financing

Adyen is buying 100% of Talon.One GmbH for a total of €750m, funded from existing cash. Co-founders Christoph Gerber and Sebastian Haas agreed to reinvest a meaningful part of their proceeds in newly issued Adyen ordinary shares.

Regulatory approvals and timing

The deal was subject to regulatory approvals and closed on 1 July 2026, with co-CEO Ingo Uytdehaage leading the integration.

Market context

Talon.One was founded in 2015 and works with more than 300 merchants worldwide. Adyen agreed a separate €335m purchase of Orb, a US invoicing platform, in June.

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