Nayax
Cashless Payment Platform and Management Solution for Merchants
StartupNayax is a Herzliya-based startup in the Fintech & Insurtech sector, established in 2005. Cashless Payment Platform and Management Solution for Merchants. The company has raised a total of $297.47M across 6 funding rounds, currently at the Public stage. Nayax was founded by Yair Nechmad and David Ben-Avi. Key investors include SafeCharge. The company has 500+ employees. Core technologies: Platforms & Interfaces, Software.
With $297.47M in total funding, Nayax is a Public-stage company operating in Fintech & Insurtech. The company follows a B2B2C/B2B business model. Product stage: Released.
- StagePublic
- ProductReleased
- ModelB2B2C, B2B
- Employees500+
- HQHerzliya
- DistrictCenter District
- Last Round$28M
- SafeCharge
Yair NechmadCo-founder & CEO
David Ben-AviCo-founder & CTO
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What does Nayax do?
Nayax is a global financial technology company providing merchant financial services to a variety of retailers. Established in 2005, Nayax began as a cashless payment service and management solution provider for unattended retail, developing its solution in-house. The company's ongoing goal is to enable merchants to grow their businesses easily and at scale. Its payment platform is designed to accept any new form of payment and to continuously provide peace of mind with the strictest security certifications and 24/7 monitoring. In addition to its payment-as-a-service platform, Nayax continues to develop value-added services for its customers, including a consumer engagement solution, customized payment methods, an API suite, a mobile wallet app, and a fully customizable management system. The end result is an agile ecosystem that helps merchants improve their bottom line. Nayax now has an international reach of 10 sales offices and over 45 distributors. The company serves customers across 65 countries, supports more than 350,000 points of sale worldwide, accepts 26 currencies, and partners with over 70 global financial institutions. Nayax is also a licensed payment institution.
How much funding has Nayax raised?
Nayax has raised $297.47M in total funding across 6 rounds. The company is currently at the Public stage. Key investors include SafeCharge.
Who founded Nayax?
Nayax was founded in 2005 by Yair Nechmad (Co-founder & CEO), David Ben-Avi (Co-founder & CTO).
What sector is Nayax in?
Nayax operates in Fintech & Insurtech, Money Transfer & Management, with core technologies in Platforms & Interfaces, Software. Target customers: Enterprise & Professional Services.
Where is Nayax located?
Nayax is based in Arik Einstein Street 3, Herzliya, Israel, Center District. The company also has offices abroad.