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Adyen Expands Global Partnership with Toast into U.S.

(Neutral)
(Very Positive)
Tags
partnership

Toast (NYSE: TOST) and Adyen announced an expansion of their existing payments partnership into the U.S. market. Adyen will support Toast’s platform, which in the 12 months ended June 30, 2026 processed over $215 billion in gross payment volume across about 180,000 locations worldwide.

The companies have worked together since 2021 in Ireland, the U.K., Canada and Australia, where Adyen provides a single payments solution for Toast’s POS, online ordering, payments, and back-office tools. According to Adyen, its unified financial technology platform is designed to reduce integrations, improve stability, and support future embedded financial products for enterprises like Toast.

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Positive

  • Toast processed over $215 billion GPV across ~180,000 locations in the last 12 months
  • Adyen–Toast payments partnership expands into the U.S. after operating in four international markets
  • Toast leverages Adyen’s single, unified payments platform to support multi-market, high-volume operations
  • Adyen’s platform offers integrated financial services such as issuing, capital, and business accounts in one system

Negative

  • None.

Market Context

The platform's partnership history averaged -1.17% across five events, with three divergence outcome...
Analysis

The platform's partnership history averaged -1.17% across five events, with three divergence outcomes. Recent activity showed Net Selling and low short positioning; operating contribution from the U.S. expansion remains unquantified.

Key Figures

Gross Payment Volume: more than $215 billion Toast Locations: approximately 180,000 locations Partnership Start: 2021
3 metrics
Gross Payment Volume more than $215 billion Last 12 months ending June 30, 2026; Toast worldwide
Toast Locations approximately 180,000 locations Worldwide locations supported by Toast in the last 12 months
Partnership Start 2021 Adyen and Toast partnership began

Previous Partnership Reports

5 past events · Latest: May 04 (Positive)
Same Type Pattern 5 events
Date Event Sentiment 24h Move Catalyst
May 04 Hotel partnership Positive +1.0% Recommended POS provider for Preferred Hotels & Resorts member properties across four countries
Feb 10 Instacart partnership Positive +2.9% Retail onboarding and procurement collaboration with Instacart, including planned pilots and rollout
Nov 03 Uber partnership Positive -1.2% Multi-year integration combining Toast operations tools with Uber delivery and marketplace capabilities
Sep 22 Grant partnership Positive -5.4% Grant initiative targeting food insecurity with Hello Alice and GEN
Aug 05 AmEx partnership Positive -3.2% Dining technology integration connecting Resy and Tock features with Toast

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Partnership-tagged announcements produced mixed outcomes, with three divergences and an average move of -1.17%.

Key Terms

gpv
1 terms
gpv financial
"facilitated more than $215 billion in gross payment volume (GPV)"
Gross Payment Volume (GPV) is the total value of all transactions processed through a payment platform or merchant network over a given period, before refunds or fees. Think of it as the total cash that passes through a store’s register; it shows how much business the platform is handling. Investors watch GPV because rising volume suggests growing customer activity and revenue potential, while declines can signal weakening demand or competitive pressure.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SAN FRANCISCO, Aug. 10, 2026 /PRNewswire/ -- Adyen, the global financial technology platform of choice for leading businesses, today announced an expansion of its partnership with Toast, the digital technology platform built for hospitality, restaurants, and retail businesses. As part of the agreement, Adyen and Toast will expand their relationship into the U.S. to support Toast, which in the last 12 months ending June 30, 2026 facilitated more than $215 billion in gross payment volume (GPV) across approximately 180,000 locations worldwide.

Adyen logo

Since 2021, Adyen has partnered with Toast to enable scaling across Ireland, the U.K., Canada and Australia, with a single, reliable solution.

"Businesses need technology that helps them stay competitive, not systems that slow them down," said Blake Breathitt, SVP, Global Co-Head of Strategy at Adyen. "Speed, control, and reliability matter, especially in service-based businesses like restaurants, retail, or hospitality. When a guest is waiting, every second counts. Operators need hardware and systems that just work. Toast adding Adyen in the U.S. market is a testament to the growth of our relationship, and it speaks to what our global platform makes possible for platforms and their customers: faster settlement, allowing guests to pay how they want to, and the ability to grow internationally."

Toast's platform, including POS systems, online ordering, payments, and back-of-house operations, depends on a strong financial technology backbone capable of supporting high-volume businesses across multiple markets. Adyen cuts down integrations, stability issues and risk — capabilities that are increasingly critical as brands expand and digitize their operations.

"At Toast, we value our foundation of strong, strategic partnerships, and Adyen has been a cornerstone of how we deliver reliable, scalable payments services across international markets," said Michel Rbeiz, General Manager, Fintech at Toast. "Adding Adyen to our U.S. payments ecosystem is a natural expansion of that relationship, as we offer operators stability in processing and enable them to stay focused on running successful businesses and delighting their guests."

As Adyen cements its position as one of the world's largest financial technology companies, partnerships like Toast underscore the power of its unified model. Built entirely in-house, Adyen brings financial services including issuing, capital, and business accounts together in one system. This foundation also creates long-term opportunities for leading enterprises like Toast to offer deeper financial products directly within their vertical technology platform.

About Adyen
Adyen (AMS: ADYEN) is the financial technology platform of choice for leading companies. By providing end-to-end payment capabilities, data-driven insights, and financial products in a single global solution, Adyen helps businesses achieve their ambitions faster. With offices around the world, Adyen works with the likes of Meta, Uber, H&M, eBay, and Microsoft. The cooperation with Toast as described in this merchant update underlines Adyen's continuous growth with current and new merchants over the years.

About Toast
Toast [NYSE: TOST] is a global technology platform built for restaurant and retail businesses. From the busiest local restaurants and shops to large hospitality brands, Toast helps owners and operators manage their businesses more efficiently, drive guest demand, and build lasting success.

Toast integrates software, agentic AI, payments, financial technology solutions, and hardware with a broad partner ecosystem. Powering billions of purchases throughout local commerce, Toast delivers the precision and innovation required for modern restaurant and retail environments. For more information, visit www.toasttab.com.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/adyen-expands-global-partnership-with-toast-into-us-302846484.html

SOURCE Adyen

FAQ

What did Toast (NYSE: TOST) announce about its partnership with Adyen on August 10, 2026?

Toast announced that its existing partnership with Adyen will expand into the U.S. market. According to Toast, Adyen already supports its operations in Ireland, the U.K., Canada and Australia, helping deliver reliable, scalable payments services across its restaurant, hospitality, and retail platform.

How much payment volume does Toast handle that will be supported by Adyen for TOST?

Toast reported facilitating more than $215 billion in gross payment volume over the 12 months ending June 30, 2026. According to Toast, this GPV was processed across approximately 180,000 locations worldwide, illustrating the scale its payments infrastructure, including partners like Adyen, must support.

Which markets does the Toast and Adyen partnership cover after the 2026 U.S. expansion for TOST?

After the announced expansion, the Toast–Adyen partnership covers the U.S., Ireland, the U.K., Canada and Australia. According to Adyen, it has supported Toast in these international markets since 2021, providing a single payments solution to help streamline operations across geographies.

What does Adyen provide to Toast’s payments ecosystem and TOST customers?

Adyen provides a unified financial technology platform that underpins Toast’s payments capabilities. According to Adyen, its system aims to reduce integrations, stability issues and risk while enabling features like faster settlement, flexible payment methods, and a foundation for embedded financial products within Toast’s vertical platform.

How does the Toast and Adyen U.S. expansion affect restaurant and hospitality operators using TOST?

The expansion adds Adyen as a payments provider within Toast’s U.S. ecosystem. According to Toast, this is intended to offer operators greater processing stability and reliable payments infrastructure so they can focus on running their businesses and serving guests, rather than managing complex payment systems.

When did Toast first start working with Adyen before this 2026 U.S. expansion of TOST?

Toast began partnering with Adyen in 2021 to support its international growth. According to Adyen, the relationship initially covered markets including Ireland, the U.K., Canada and Australia, where Adyen provided a single, reliable payments solution integrated into Toast’s broader hospitality technology platform.