Nayax

Company Overview

Snapshot

Founded in January 2005 by Yair Nechmad and David Ben-Avi, Nayax operates with over 700 employees. The company has raised $297.47 million across six funding rounds and went public on NASDAQ in March 2024.

Business overview

Nayax is a global financial technology company specializing in merchant financial services for various retailers. The company provides a cashless payment platform and management solution, initially for unattended retail, and has expanded to offer value-added services such as consumer engagement solutions, customized payment methods, an API suite, a mobile wallet app, and a customizable management system. Nayax serves customers in 65 countries, supports over 350,000 points of sale, accepts 26 currencies, and partners with more than 70 global financial institutions, operating within the Fintech & Insurtech sector.

Strategic signal

In September 2024, Nayax partnered with Adyen to globally expand its electric vehicle charging and automated self-service payments infrastructure. This collaboration signals a strategic move to capitalize on the growing EV market and enhance its payment solutions for unattended retail, indicating a strong focus on market expansion and technological integration for future growth.

Company Intelligence Q&A

When did Nayax go public on NASDAQ?

Nayax went public on NASDAQ in March 2024.

What was a significant acquisition made by Nayax in 2023?

In October 2023, Nayax acquired Retail Pro International, a POS software company, completing the acquisition in November 2023.

What strategic partnership did Nayax announce in September 2024?

In September 2024, Nayax partnered with Adyen to globally expand its electric vehicle charging and automated self-service payments infrastructure.

What was Nayax's Q2 2024 earnings highlight?

Nayax Ltd (NYAX) reported record revenue and a return to profitability in its Q2 2024 earnings call in October 2024.

What was a key acquisition for Nayax in March 2025?

In March 2025, Nayax acquired UPPay, expanding its portfolio of payment solutions.