Nayax Ltd. completes acquisition of VMtecnologia to expand into the Latin American market
Acquiring Company
Nayax
Acquired Company
VMtecnologia
Description
Nayax Ltd. has successfully completed the acquisition of VMtecnologia, a leading technology provider for the automated self-service industry in Brazil. With this strategic acquisition, Nayax aims to leverage VMtecnologia's established position to enhance the Brazilian market with innovative solutions and expand its global presence.
Quick answer
Nayax is acquiring VMtecnologia, announced April 30, 2024. Nayax is based in Israel.
- How much did Nayax pay for VMtecnologia?
- The deal value was not disclosed.
- What does Nayax do?
- Nayax is a global retail enablement platform designed to help merchants scale their business.
- Where are Nayax and VMtecnologia based?
- Nayax is based in Israel. VMtecnologia is based in Curitiba, Paraná, Brazil.
- Who are the decision-makers at Nayax?
- Fundz holds 2 contacts at Nayax. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired VMtecnologia?
VMtecnologia was acquired by Nayax, based in Israel. The deal was reported on April 30, 2024. Nayax is a global retail enablement platform designed to help merchants scale their business. Nayax is publicly traded (NYAX) and operates in Financial Services.
When did Nayax acquire VMtecnologia?
Nayax's acquisition of VMtecnologia was reported on April 30, 2024. Nayax Ltd. has successfully completed the acquisition of VMtecnologia, a leading technology provider for the automated self-service industry in Brazil. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does VMtecnologia do?
VMtecnologia is a leading technology provider for the automated self-service industry in Brazil. It has established a strong market presence, serving over 2,400 retailers in diverse industries across all 27 states in Brazil and more than 466 cities. It is privately held, operating in Software, and is based in Curitiba.
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