Nayax Expands in Europe with Acquisition of Inepro Pay
Deal News | Apr 02, 2025 | Globenewswire
Nayax Ltd., a global platform for commerce enablement and payments, officially announced its acquisition of Inepro Pay, its distributor partner in the Benelux region and a subsidiary of Inepro Group. The acquisition is strategically significant as Nayax plans to bolster its reach within the Benelux countries by solidifying internal partnerships, enhancing operational efficiency, and bringing itself closer to regional customers. This move aligns with Nayax's broader strategy to reinforce its presence in Europe—a core market that contributed approximately 36% of its global revenues in 2024. Nayax aims to leverage the local expertise and sales capabilities of Inepro Pay to expand its direct reach and improve sales and customer support in the region. By integrating Inepro Pay's operations directly under its fold, Nayax seeks to eliminate duplicate processes and ensure seamless operations for merchants. Inepro Pay will become a full-service office of Nayax in the Netherlands, complementing other European branch offices in the UK and Germany, thus cementing Nayax's standing as a leader in commerce and payment solutions in Europe. As part of the acquisition, Nayax's leadership, including CEO Yair Nechmad, expressed optimism about the integration and future growth opportunities. This acquisition reflects Nayax's ongoing commitment to streamline commerce and enhance merchant customer loyalty worldwide.
Sectors
- Financial Services and Payments
- Retail Technology
Geography
- Israel – Nayax's headquarters are located in Herzliya, Israel.
- Netherlands – The Netherlands is the location of Inepro Pay's operations and will host Nayax's new full-service office.
- Benelux – The region targeted by Nayax for expansion, including Belgium, Netherlands, and Luxembourg.
Industry
- Financial Services and Payments – Nayax operates in the financial services sector, focusing on commerce enablement and payment solutions to scale merchant operations.
- Retail Technology – Nayax and Inepro Pay are engaged in providing technology solutions that simplify payments and enhance customer loyalty in retail environments.
Financials
- 36% – Percentage of Nayax's global revenues derived from Europe in 2024.
Participants
Name | Role | Type | Description |
---|---|---|---|
Nayax Ltd. | Acquiring Company | Company | A global platform for commerce enablement and payments, aiming to scale merchant businesses worldwide. |
Inepro Pay | Target Company | Company | A subsidiary of Inepro Group and Nayax's distribution partner in the Benelux region. |
Inepro Group | Selling Company | Company | Provides modular solutions in authentication, payment, and document accounting services. |
Yair Nechmad | CEO and Chairman of Nayax | People | Leading the expansion strategy of Nayax in Europe. |
Jeroen Pynenburg | CEO of Inepro Group | People | Overseeing Inepro's operations and partnership with Nayax. |