Connect with us

Hi, what are you looking for?

Jewish Business News


Israel Fintech Nayax Headed to Wall Street IPO

Israeli fintech

From Nayax Website

Nayax Ltd., an Israeli Fintech firm already publicly traded on the Tel Aviv Stock Exchange TASE, filed confidentially with the US Securities and Exchange Commission (SEC) for a Wall Street public offering. There is no word yet as to what Nayax expects from the IPO.

Fintech refers to new technologies which automate the delivery and use of financial services. Fintech is helps companies, business owners and consumers better manage their financial operations, processes, and lives through new specialized software and algorithms which consumers and businesses alike can use on their mobile devices and home computers. And Israeli fintech is big.

In January alone Israeli fintech startup Personetics, a global provider of data-driven personalization and customer engagement solutions for banks and financial services providers, raised $85 million of growth funding invested from Thoma Bravo. And Israeli blockchain security startup Redefine raised $11 million in a Seed round in January that gave the company a $50 million valuation.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at
Thank you.

Israeli fintech startup Pagaya, ahead of its initial public offering IPO, increased its private investment public equity (PIPE) financing in its upcoming SPAC merger with EJF Acquisition Corp to $350 million. This is up from a previous PIPE of $200 million. Additionally, Pagaya expects up to $288 million in gross proceeds that it will receive from EJFA’s cash in trust.

Founded in 2005 by CEO Yair Nechmad and CTO David Ben-Avi, Nayax was an Israeli fintech startup that already had a successful IPO. But since then its shares have fallen in value by 20% and so the company hopes for better results in New York.

Nayax is an Israeli Fintech company which specializes in payments and M2M communication, and is a provider of cashless payment devices, telemetry, remote management, and BI solutions. Nayax devices are found all over the world, with branches in 9 countries, and 40 distributing partners. These devices serve consumers in 55 countries and accept 26 currencies.

Nayax’s produces proprietary software and hardware, including SIM cards, connectivity, credit card clearing, marketing tools and software for remotely managing vending machines or other unattended businesses.



You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...


The Movie The Professional is what made Natalie Portman a Lolita.


After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.