Nayax

Cashless Payment Platform and Management Solution for Merchants

Fintech & Insurtech
Public on TASE on May 2021
Public on NASDAQ on Mar 2024

Company Overview

Snapshot

Founded in January 2005 by Yair Nechmad and David Ben, Nayax operates with over 700 employees. The company has raised a total of $297.47 million across 6 funding rounds and is publicly traded on both TASE and NASDAQ. In August 2026, Nayax strategically acquired IPS Group, expanding its market presence.

Business overview

Nayax is a global financial technology company that provides merchant financial services to a diverse range of retailers. The company specializes in cashless payment services and management solutions, initially focusing on unattended retail. Its core technology is a payment platform designed to accept various payment forms while ensuring security certifications and 24/7 monitoring. Nayax also develops value-added services, including consumer engagement solutions, customized payment methods, an API suite, a mobile wallet app, and a customizable management system. The company serves customers across 65 countries, supporting over 350,000 points of sale and partnering with more than 70 global financial institutions within the Fintech & Insurtech sector.

Strategic signal

In September 2024, Nayax announced a partnership with Adyen to globally expand its infrastructure for electric vehicle charging and automated self-service payments. This collaboration signals Nayax's strategic move to capitalize on the growing EV market and enhance its payment solutions in a high-growth sector, demonstrating a proactive approach to market expansion and technological adaptation for investors.

Company Intelligence Q&A

What was Nayax's most recent acquisition?
In August 2026, Nayax acquired IPS Group, a multinational company, to expand its market reach and service offerings.
When did Nayax go public on NASDAQ?
Nayax went public on NASDAQ in March 2024, following its initial public offering on TASE in May 2021.
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, targeting growth in the EV market.
What was Nayax's Q2 2024 financial performance highlight?
Nayax Ltd (NYAX) reported record revenue and a return to profitability during its Q2 2024 earnings call in October 2024.
What was Nayax's acquisition in October 2023?
In October 2023, Nayax completed the acquisition of Retail Pro International, a point-of-sale software company, following a definitive agreement.

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