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Nayax to acquire IPS Group for $85 billion market

PUBLIC · NYAXOct 09, 2026

Acquiring Company

Nayax

Acquired Company

IPS Group

HerzliyaSan DiegoFinancial ServicesFinanceE CommerceFintechInformation Technology

Description

Nayax is set to expand its footprint in the cashless market through the acquisition of IPS Group. This strategic move is expected to enhance Nayax's addressable market by approximately $85 billion. The merger continues Nayax's trend of inorganic growth through acquisitions, solidifying its position in the unattended retail sector. The deal highlights Nayax's commitment to integrating more advanced payment solutions.

Company Information

Company

Nayax

Location

Herzliya, Tel Aviv, 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 IPS Group?

IPS Group was acquired by Nayax, based in Herzliya. The deal was reported on October 9, 2026. 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 IPS Group?

Nayax's acquisition of IPS Group was reported on October 9, 2026. Nayax is set to expand its footprint in the cashless market through the acquisition of IPS Group. This strategic move is expected to enhance Nayax's addressable market by approximately $85 billion. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does IPS Group do?

IPS Group is a provider of cashless payment solutions for parking and transit industries. It offers smart parking technology and management solutions to improve operational efficiency. It is privately held, operating in Information Technology, and is based in San Diego.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.