Nayax Announces Connect LATAM 2025 for Regional Customers

Rhea-AI Summary

Nayax (Nasdaq: NYAX) announced at Nayax Connect LATAM on Nov 5, 2025 that it has signed a non-binding letter of intent and entered into exclusivity to acquire Integral Vending, its exclusive Mexico distributor since 2015.

The proposed deal aims to convert a decade-long partnership into a strategic platform to accelerate Nayax's expansion across Latin America, building on two recent Brazil acquisitions and existing Spanish and Portuguese support. The transaction is expected to be signed and closed by end of Q4 2025, subject to negotiations and closing conditions, and is not expected to contribute meaningfully to 2025 revenue given timing.

Positive

• Signed a non-binding LOI and exclusivity to acquire Integral Vending
• Integral Vending has been exclusive Mexico distributor since 2015
• Expected transaction close by end of Q4 2025
• Builds on two recent acquisitions in Brazil to expand LATAM footprint

Negative

• Letter of intent is non-binding and subject to closing conditions
• Nayax does not expect meaningful 2025 revenue contribution from deal
• Transaction still requires negotiation, signing, and fulfillment of conditions

Insights

M&A and Payments Strategy Analyst

Nayax's announced LOI to acquire Integral Vending accelerates regional scale but remains conditional on definitive documentation and closing.

Nayax converting a decade-long exclusive distribution partnership into a potential acquisition creates a direct channel to Mexican and Central American customers, adds a localized vending management software stack, and folds local sales, service, and engineering into its platform. The move aligns the commercial payments, software, and loyalty offering with on-the-ground capabilities that typically shorten sales cycles and raise cross-sell potential in automated retail.

Material dependencies include completion of negotiations, signing, and satisfaction of closing conditions before the transaction can close; management expects the deal to be signed and closed by the end of the fourth quarter and not to contribute meaningfully to 2025 revenues. Integration risk centers on combining a proprietary VMS, preserving local customer relationships, and retaining key technical staff while avoiding service disruption.

Watch for three near-term, monitorable items: definitive agreement execution and closing by end of the fourth quarter, retention of key Integral Vending personnel, and concrete integration milestones for the VMS and payment stack over the next 12 months. If completed, this transaction should materially improve regional distribution and product localization, but benefits depend entirely on closing and successful operational integration.

HERZLIYA, Israel, Nov. 05, 2025 (GLOBE NEWSWIRE) -- Nayax Ltd. (Nasdaq: NYAX; TASE: NYAX), a global commerce enablement, payments, and loyalty platform helping merchants scale their business, today announced that it is hosting Nayax Connect LATAM with its partner Integral Vending today for its customers in the region. The event will be hosted at the Live Aqua in Mexico City. In the conference, Nayax will announce its expansion plans for the region and that, as part of the expansion efforts, Nayax has signed a non-binding letter of intent and entered into exclusivity to acquire Integral Vending, its exclusive distribution partner in Mexico since 2015. The transaction, if completed, will transform a decade-long partnership into a strategic platform for continued expansion across Latin America and position Nayax to capture accelerating regional demand for its cashless payment, software, and loyalty platform.

Nayax generally does not announce transactions prior to entry into definitive documentation. The company is doing so only in the context of the conference it is hosting with Integral Vending.

Integral Vending has established a high-performing distribution and service network across Mexico and the region, earning the trust of leading operators across the vending, amusement, and other automated self-service sectors. Over nearly two decades, the company has developed and commercialized a proprietary vending management software (“VMS”) platform tailored to the needs of the Latin American market and relevant for medium and large-scale operations worldwide. With its proven local sales, service, and engineering capabilities, Integral Vending will position Nayax to expand faster and operate more effectively across Latin America.

This proposed acquisition represents the next step in a multi-year strategy to establish the Nayax payments, software, and loyalty platform across Latin America. Following two recent acquisitions in Brazil, Nayax now operates across several countries in the region with Spanish and Portuguese-language support, a robust and localized solution portfolio, and a growing network of partners.

The transaction is expected to be signed and closed by the end of the fourth quarter, pending completion of negotiations, signing, and fulfillment of all closing conditions. Nayax does not expect it to contribute meaningfully to 2025 revenues given the expected timing.

“Latin America represents one of the most significant growth opportunities in global payments and a deeply strategic market for Nayax,” said Aaron Greenberg, Chief Strategy Officer of Nayax. “Acquiring Integral Vending gives us scale, talent, and proximity to customers in Mexico and Central America, reinforcing the disciplined regional strategy we’ve been focusing on executing.”

“We’ve worked with Nayax for nearly a decade to modernize cashless payments and retail experiences across Mexico,” said Antonio Contestabile Frayre, CEO of Integral Vending. “Joining Nayax will allow us to expand that partnership to more customers and markets across Latin America, backed by the technology, scale, and resources of a global leader.”

“Over the years, we’ve built a strong team with deep capabilities in software development, customer support, and project management,” said César Vega, Co-founder and Chief Operating Officer of Integral Vending. “Becoming part of the Nayax ecosystem will further enhance these capabilities and enable us to scale our solutions, delivering even greater value to operators across Latin America by combining our local expertise with Nayax’s global technology and reach.”

About Nayax

Nayax is a global commerce enablement, payments, and loyalty platform designed to help merchants scale their business. Nayax offers a complete solution including localized cashless payment acceptance, management suite, and loyalty tools, enabling merchants to conduct commerce anywhere, at any time. With foundations and global leadership in serving unattended retail, Nayax has transformed into a comprehensive solution focused on our customers’ growth across multiple channels. As of June 30, 2025, Nayax has 12 global offices, approximately 1,200 employees, connections to more than 80 merchant acquirers and payment method integrations, and is globally recognized as a payment facilitator. Nayax’s mission is to improve our customers’ revenue potential and operational efficiency — effectively and simply. For more information, please visit www.nayax.com.

About Integral Vending

Founded in 2006 and based in Chihuahua, Mexico, Integral Vending is a leading provider of payment and management solutions for the unattended retail industry in Latin America. Over nearly two decades, the company has built a strong reputation for innovation, reliability, and customer service. Integral Vending has developed and commercialized a proprietary vending management software (VMS) platform and established a robust distribution and support network serving operators across Mexico and the region. With deep expertise in software development, systems integration, and project execution, Integral Vending helps operators in the vending, amusement, and self-service sectors optimize operations, increase efficiency, and deliver exceptional consumer experiences.

Forward-Looking Statements

This press release contains statements that constitute forward-looking statements. Many of the forward-looking statements contained in this press release can be identified by the use of forward-looking words such as “anticipate,” “believe,” “could,” “expect,” “should,” “plan,” “intend,” “estimate” and “potential,” among others. Forward-looking statements include, but are not limited to, statements regarding our intent, belief or current expectations. Forward-looking statements are based on our management’s beliefs and assumptions and on information currently available to our management. Such statements are subject to risks and uncertainties, and actual results may differ materially from those expressed or implied in the forward-looking statements due to various factors, including, but not limited to: our expectations regarding general market conditions, including as a result of the COVID-19 pandemic and other global economic trends; changes in consumer tastes and preferences; fluctuations in inflation, interest rate and exchange rates in the global economic environment; the availability of qualified personnel and the ability to retain such personnel; changes in commodity costs, labor, distribution and other operating costs; our ability to implement our growth strategy; changes in government regulation and tax matters; other factors that may affect our financial condition, liquidity and results of operations; general economic, political, demographic and business conditions in Israel, including the ongoing war in Israel that began on October 7, 2023 and global perspectives regarding that conflict; the success of operating initiatives, including advertising and promotional efforts and new product and concept development by us and our competitors; and other risk factors discussed under “Risk Factors” in our annual report on Form 20-F filed with the SEC on March 4, 2025 (our "Annual Report"). The preceding list is not intended to be an exhaustive list of all of our forward-looking statements. The forward-looking statements are based on our beliefs, assumptions and expectations of future performance, taking into account the information currently available to us. These statements are only estimates based upon our current expectations and projections about future events. There are important factors that could cause our actual results, levels of activity, performance or achievements to differ materially from the results, levels of activity, performance or achievements expressed or implied by the forward-looking statements. In particular, you should consider the risks provided under “Risk Factors” in our Annual Report. You should not rely upon forward-looking statements as predictions of future events. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee that future results, levels of activity, performance and events and circumstances reflected in the forward-looking statements will be achieved or will occur. Each forward-looking statement speaks only as of the date of the particular statement. Except as required by law, we undertake no obligation to update publicly any forward-looking statements for any reason, to conform these statements to actual results or to changes in our expectations.

Public Relations Contact:
Scott Gamm
Strategy Voice Associates
Scott@strategyvoiceassociates.com

Investor Relations Contact:
Aaron Greenberg
Chief Strategy Officer
IR@nayax.com

FAQ

What did Nayax (NYAX) announce at Nayax Connect LATAM on November 5, 2025?

Nayax announced it signed a non-binding LOI and exclusivity to acquire Integral Vending and disclosed regional expansion plans.

Who is Integral Vending and what role will it play if Nayax (NYAX) completes the acquisition?

Integral Vending is Nayax’s exclusive Mexico distributor since 2015 with a local VMS platform and service network that would accelerate Nayax’s LATAM expansion.

When does Nayax expect the Integral Vending transaction to close for NYAX shareholders?

The company expects the transaction to be signed and closed by the end of Q4 2025, pending negotiations and closing conditions.

Will the Integral Vending acquisition materially affect Nayax’s 2025 revenue for NYAX?

No; Nayax said it does not expect the deal to contribute meaningfully to 2025 revenues given the expected timing.

Is the Nayax (NYAX) agreement to buy Integral Vending final and binding?

No; Nayax signed a non-binding letter of intent and exclusivity, so the deal remains subject to definitive documentation and closing conditions.

How does the Integral Vending deal fit into Nayax’s LATAM strategy for NYAX investors?

The proposed acquisition aims to convert a long-standing partnership into a local platform to scale Nayax’s cashless payment, software, and loyalty offerings across Latin America.