Nayax partners with N-and for smart screen payment tech

HERZLIYA, Israel and BRISTOL, United Kingdom – Nayax Ltd. (NASDAQ:NYAX; TASE:NYAX), a global commerce enablement and payments platform with a market capitalization of $1.27 billion and impressive 31% growth over the past six months, has entered into a strategic partnership with N-and Group, a leader in Human-Machine Interface (HMI) technologies. According to InvestingPro data, Nayax has demonstrated strong revenue growth of 33.34% in the last twelve months. Together, they will integrate Nayax’s payment solutions into N-and’s smart screens for automated self-service commerce machines.

This collaboration is set to offer OEMs robust, payment-enabled smart screens that combine Nayax’s secure payment technology with N-and’s durable and sophisticated design. The screens will feature remote management and telemetry functions, providing a seamless user experience. Operating with a moderate debt-to-equity ratio of 0.47, Nayax’s technology supports card present transactions and over 80 different payment methods worldwide. InvestingPro analysis reveals 10+ additional key insights about Nayax’s financial health and market position.

N-and Group plans to deploy thousands of its N-PAY™ and N-TOUCH™ smart screens with Nayax’s embedded payments across various industries, including hospitality, fitness, and transportation. The technology will be available for new machines and as a retrofit for existing machines.

Oren Tepper, Nayax’s Chief Commercial Officer, emphasized that the partnership would enhance the company’s integration with OEM supply chains, offering a flexible platform for high-growth markets such as vending and coffee. He noted the proven market acceptance and traction of Nayax’s embedded payment solution.

Tarcisio Vergani, CEO of N-and, highlighted the significance of the partnership in advancing HMI innovation and providing OEMs and operators with a future-ready solution that enhances user experience and opens new revenue opportunities.

Nayax operates globally, providing a comprehensive commerce enablement and loyalty platform to help merchants scale their business. N-and Group, headquartered in Bristol with international operations, specializes in designing and manufacturing advanced embedded solutions that redefine human-machine interaction.

This press release contains forward-looking statements regarding the partnership’s potential effects and the companies’ expectations for market conditions and operational efficiency. While not currently profitable, analysts tracked by InvestingPro expect Nayax to achieve profitability this year, with projected earnings per share of $0.74 for FY2025. These statements are based on current management beliefs and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially. For detailed analysis and comprehensive insights, investors can access Nayax’s Pro Research Report, part of InvestingPro’s coverage of over 1,400 US equities.

The information for this article is based on a press release statement from Nayax Ltd.

In other recent news, Nayax Ltd. reported its fourth-quarter 2024 earnings, revealing an earnings per share (EPS) of -0.16, significantly missing the forecasted 0.03. The company generated $89 million in revenue for the quarter, falling short of the anticipated $91.84 million. Despite the earnings miss, Nayax completed a successful Notes and Warrants Offering in Israel, raising approximately $137.1 million, with the funds intended for general corporate purposes, including debt repayment and potential acquisitions. Keefe, Bruyette & Woods recently raised the price target for Nayax shares to $38.00, maintaining a Market Perform rating, citing potential growth from mergers and acquisitions.

Additionally, Nayax has introduced a new State-of-Charge feature for its electric vehicle (EV) charging kiosks, enhancing the user experience by separating card-present transactions from mobile access to charging details. This feature aims to simplify the EV charging process and improve data security for users. Nayax’s management has identified strong underlying trends to support organic growth in 2025, including a rise in average revenue per user and an increase in managed devices. The company also reported a 34% year-over-year increase in Q4 revenue and aims for 30-35% revenue growth in 2025, targeting $410-$425 million.

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