September 19, 2022
under the symbol NAYX. The company develops smart payment solutions for businesses and in the second quarter its revenues were 41.2 million dollars. A few months ago it acquired the OTI company from Mash Pina
Nayax, which develops clearing and payment solutions for businesses, received permission from the NASDAQ stock exchange to list its shares for trading, and will begin trading this Wednesday (09/21) under the symbol NYAX. The company is currently traded on the Tel Aviv Stock Exchange with a market value of NIS 2.73 billion.
The Nikes company was founded in 2005 by the CEO Yair Nichmad and by the chief technologist David Ben Avi. The company operates through ten global sales offices and employs approximately 500 people. It is linked to about 80 financial institutions and is a licensed payment institution in Europe and Israel. Nikes offers complete solutions for receiving cashless payments, a management system and a customer application.
Last month, the company reported revenues of $41.2 million in the second quarter of 2022, a 33% increase compared to the corresponding quarter in 2021. In the second quarter, it managed 595,000 online payment devices that made transactions totaling $585 million. In June of this year, Nikes purchased On Track (OTI) from Rash Pina, which develops smart payment solutions for unmanned positions, for a sum of approximately 4.5 million dollars.
Published in the categories: capital raising, news
Posted in tags: Nikes, Nasdaq
