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Nayax Announces Connect LATAM 2025 for Regional Customers
Globenewswireยท 2025-11-05 12:30
Core Insights - Nayax Ltd. is hosting Nayax Connect LATAM in Mexico City to announce its expansion plans in the region and the intention to acquire Integral Vending, its exclusive distribution partner in Mexico since 2015 [1][2] - The acquisition aims to transform a decade-long partnership into a strategic platform for growth across Latin America, capitalizing on the increasing demand for Nayax's cashless payment and loyalty solutions [1][4] - Integral Vending has a strong distribution and service network in Mexico, which will enhance Nayax's operational capabilities and market reach in Latin America [3][6] Company Overview - Nayax is a global commerce enablement platform that provides payment and loyalty solutions, helping merchants scale their businesses with cashless payment acceptance and management tools [7] - As of June 30, 2025, Nayax operates 12 global offices, employs approximately 1,200 people, and has connections to over 80 merchant acquirers [7] Acquisition Details - The proposed acquisition of Integral Vending is part of Nayax's multi-year strategy to establish its platform across Latin America, following recent acquisitions in Brazil [4][5] - The transaction is expected to be signed and closed by the end of Q4 2025, pending negotiations and fulfillment of closing conditions [5] - The acquisition is not anticipated to significantly impact Nayax's revenues for 2025 due to the expected timing of the deal [5] Market Opportunity - Latin America is identified as a significant growth opportunity in global payments, with the acquisition of Integral Vending providing Nayax with scale, talent, and customer proximity in Mexico and Central America [6]