Nayax

Company Overview

Snapshot

Founded in January 2005 by Yair Nechmad and David Ben, Nayax operates with over 700 employees. The company has raised over $297 million across six funding rounds and is publicly listed on both TASE and NASDAQ. In March 2024, Nayax completed its public listing on NASDAQ, marking a significant expansion in its market presence.

Business overview

Nayax is a global financial technology company that provides merchant financial services, specializing in cashless payment platforms and management solutions for various retailers. The company's core technology focuses on an in-house developed payment-as-a-service platform designed to accept diverse payment methods while ensuring security and 24/7 monitoring. Nayax also offers value-added services such as consumer engagement solutions, customized payment methods, an API suite, a mobile wallet app, and a customizable management system, serving customers in over 65 countries and supporting more than 350,000 points of sale worldwide within the Fintech & Insurtech sector.

Strategic signal

Nayax is actively expanding its strategic partnerships and market reach, as evidenced by its September 2024 partnership with Adyen to globally expand electric vehicle charging and automated self-service payments infrastructure. This collaboration signals Nayax's commitment to diversifying its payment solutions beyond traditional retail and into emerging markets like EV charging, indicating a forward-looking strategy for growth and technological integration.

Company Intelligence Q&A

When did Nayax go public on NASDAQ?

Nayax completed its public listing on NASDAQ in March 2024.

What was Nayax's most recent acquisition?

In August 2026, Nayax acquired IPS Group, a multinational company, as reported by Calcalistech.com.

What was Nayax's Q2 2024 earnings performance?

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

What strategic partnership did Nayax announce in September 2024?

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

When did Nayax acquire Retail Pro International?

Nayax completed the acquisition of Retail Pro International in November 2023, following a definitive agreement entered in October 2023.