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Israeli defense giants head to Marrakech as Morocco deepens military ties
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Nayax
18 stories about Nayax
Nayax acquiring smart parking company IPS for $350 million
25.08.26
|
Meir Orbach
The fintech and payments company will acquire IPS in an all-cash deal, expected to close in the fourth quarter; The acquired company operates parking solutions in more than 250,000 parking spaces and is expected to end the year with revenues of more than $90 million; Natyax will finance $150 million of the deal with new debt and the balance from its own cash
Nayax refuses to pay ransom after cyberattack despite threat to leak stolen data
14.07.26
|
Shaked Green Arava
The fintech company says hackers accessed data from a subsidiary's cloud account but did not breach its core systems or obtain sensitive payment credentials. It expects no material financial impact from the incident.
Nayax shares slide after fintech company reveals cloud security breach
08.07.26
|
Shaked Green Arava
The Israeli payments company said its core systems and payment infrastructure were unaffected, but attackers have threatened to publish allegedly stolen data.
Nayax cuts 3% of workforce in second round of layoffs in 10 months
15.04.26
|
Sophie Shulman
The fintech company will lay off 32 employees, including 20 in Israel, as part of ongoing efficiency measures, despite reporting strong revenue growth, a return to profitability in 2025, and expectations to surpass $500 million in revenue this year.
Nayax cuts 6% of workforce in first major layoffs despite revenue surge
07.07.25
|
Almog Azar
The Israeli fintech trims 70 jobs despite $328M annual revenue and record profits.
Nayax co-founder sells $20M in shares amid 50% valuation surge
04.12.24
|
Golan Hazani
Amir Nechmad reduces stake as fintech company reaches $1 billion market cap.
Tech firms dash for cash before Wall Street party ends
17.03.24
|
Sophie Shulman
The Nasdaq index has already produced a return of 8.2% since the beginning of 2024 and some companies are rushing to cash in with secondary IPOs
Israeli fintech company Nayax has big plans for Latin American expansion after latest acquisition
12.03.24
|
Elihay Vidal
CTech’s virtual anchors, created using AI, discuss Nayax's $81 million fundraising and acquisition of Brazil's VMtecnologia
Nayax raises $55 million in public offering, completes $28 million acquisition of Brazil’s VMtecnologia
10.03.24
|
Golan Hazani
The Israeli fintech company is expanding in Latin American, with VMtecnologia serving over 2,400 retailers across all 27 states in Brazil and more than 466 cities
Israeli company Nayax to acquire Retail Pro International
31.10.23
|
CTech
The payments platform has purchased Retail Pro for $36.5 million, and expects to see earnings immediately following the closing of the deal at the end of the year.
"Discount set itself a goal - to challenge the banking system"
30.05.23
|
Meir Orbach
Cannibalization is no longer a word that should be feared but embraced for growth, Shani Federman-Terem, Head of Business Development & Innovation at Discount Bank said at the Israel-Japan Conference
The American dream could end as a nightmare for Israeli tech hopefuls
07.02.22
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Sophie Shulman
The dream of Israeli tech companies, such as Nayax and HUB Security, to be listed on Wall Street remains understandably strong, but local firms had better keep their eyes wide open, as investors overseas tend to be far less forgiving
“For 17 years we worked in the trenches so we'd have the ability to fly high"
16.01.22
|
Sophie Shulman
Nayax, which manufactures payment terminals, became last year the first Israeli unicorn to go public in Tel Aviv rather than the U.S., but it took it many years to reach that point
Nayax appoints Sagit Manor as Chief Financial Officer
22.06.21
|
James Spiro
Manor replaces Liron Grosman, who has held the position for four years
Which company completed a $138 million funding round and what will be the cybersecurity trends of 2021?
02.12.20
|
CTech
CTech Daily Roundup: Nayax aiming to become the first unicorn on the Tel Aviv Stock Exchange
Nayax aiming to become the first unicorn on the Tel Aviv Stock Exchange
02.12.20
|
Golan Hazani and Sophie Shulman
Israeli fintech company is expected to target a valuation of $1 billion in an IPO scheduled for the second quarter of 2021
Fintech Company Nayax Acquires Digital Payments Startup Modularity
08.03.20
|
CTech
Modularity develops credit card payment clearing technologies that can be used on Android-based devices
Fintech Company Nayax Raises $60 Million
02.01.20
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Sophie Shulman
The Tel Aviv-based company develops cashless payment, management, and business intelligence products