Fintech Company Nayax Raises $60 Million
The Tel Aviv-based company develops cashless payment, management, and business intelligence products
Sophie Shulman | 09:58 02.01.2020
Tel Aviv-based fintech company Nayax Ltd. has raised $60 million recently from a private American investment fund according to a post-funding company valuation of $400 million, three people familiar with the matter told Calcalist on condition of anonymity. A third of the sum went directly to the company’s coffers, the people said, and another third was used by the fund to buy stock from Nayax’s founders. Nayax declined to comment. acquired by Nuvei Corporation for $889 million, but the people familiar with the matter said Sagi continues to hold Nayax stock.