Core Insights - Nayax Ltd. has announced the acquisition of Lynkwell, an AI-enabled EV charging platform, enhancing its solution in the EV charging ecosystem with an integrated platform that combines advanced software and payment solutions [1][2][5] Company Overview - Nayax is a global commerce enablement and payments platform designed to help merchants scale their business by simplifying payments and maximizing loyalty, with a focus on unattended retail [6] - As of September 30, 2025, Nayax operates 12 global offices, employs approximately 1,200 people, and has connections to over 80 merchant acquirers and payment method integrations [6] Acquisition Details - The acquisition was unanimously approved by the boards of both Nayax and Lynkwell, with an implied effective purchase price of $25.9 million in cash at closing for 100% of Lynkwell's business, plus an additional earnout based on profitability metrics within the first 12 months post-closing [7] - Lynkwell reported audited revenues of $17.1 million for 2024, indicating substantial year-over-year growth [7] Strategic Implications - The acquisition reinforces Nayax's strategy to deliver a comprehensive platform that integrates payment acceptance with advanced operational management software across various verticals, particularly in EV charging [2][4] - Lynkwell's platform is already recognized by hundreds of utilities and government procurement contracts, enhancing Nayax's operational capabilities in the EV charging sector [2][3] Market Positioning - The combined offerings of Nayax and Lynkwell are expected to provide customers with enhanced access to charging infrastructure solutions across public use cases, including retail, multi-family, workplace, fleet, and government settings [3] - The integration of Lynkwell's expertise with Nayax's financing solutions aims to accelerate deployment and maximize growth potential for customers, supporting Nayax's continued market growth [4]

Core Insights - Nayax Ltd. has announced a strategic partnership with Lynkwell to provide comprehensive payment solutions for electric vehicle (EV) charging infrastructure in North America [1][2] - Lynkwell operates the third-largest public charging network in the Northeast and the eighth-largest in the United States, addressing the urgent need for reliable EV charging [2][3] - Lynkwell experienced triple-digit growth in 2024 and Q1 2025, driven by the installation of thousands of EV chargers, including its flagship XLynk™ product [3][4] Nayax Overview - Nayax is a global commerce enablement and payments platform that helps merchants scale their business through simplified payments and loyalty maximization [5] - As of March 31, 2025, Nayax has 11 global offices, approximately 1,100 employees, and connections to over 80 merchant acquirers [5] - The company aims to improve customers' revenue potential and operational efficiency through its comprehensive solutions [5] Lynkwell Overview - Lynkwell is a leading energy infrastructure development company focused on connecting renewable generation and next-generation fueling technologies [6] - The company has been recognized as one of the fastest-growing private companies in the U.S. and operates a top 10 nationwide cloud-based EV charging software platform [6] - Lynkwell's XLynk™ charger is notable for being the first commercial EV charger to offer a lifetime warranty, positioning the company for continued growth [3][6]