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Nayax Ltd. to acquire VMtecnologia, a leading technology provider for the automated self-service industry in Brazil

PUBLIC · NYAXMar 06, 2024

Acquiring Company

Nayax

Acquired Company

VMtecnologia

IsraelCuritibaFinancial ServicesFinanceE CommerceFintechSoftware

Description

Nayax Ltd., a leading global commerce enablement, payments, and loyalty platform company, has announced a definitive agreement to acquire VMtecnologia. This strategic acquisition represents a significant step in Nayax's expansion into the Latin American market, aiming to enhance its global presence and offer advanced automated self-service solutions.

Quick answer

Nayax is acquiring VMtecnologia, announced March 6, 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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Company Information

Company

Nayax

Location

Israel

About

Nayax is a global retail enablement platform designed to help merchants scale their business. Nayax offers a complete solution including localized cashless payment acceptance, telemetry, software management suite, and consumer engagement tools, enabling merchants to conduct commerce anywhere, at any time. What began as an unattended retail solution has transformed into a comprehensive solution focused on our customers' growth. Today, Nayax has 10 global offices, over 400 employees, connections to more than 80 payment providers and integrations, and is a recognized payment institution worldwide. As a global company, Nayax's goal is to improve our customers' sales and operational efficiency. Visit www.nayax.com for more information.

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Frequently asked

Who acquired VMtecnologia?

VMtecnologia was acquired by Nayax, based in Israel. The deal was reported on March 6, 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 March 6, 2024. Nayax Ltd., a leading global commerce enablement, payments, and loyalty platform company, has announced a definitive agreement to acquire VMtecnologia. 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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