Nayax Announces Strategic Partnership with Leading Global EVSE Provider Autel Energy to Deliver Embedded Payment Solutions
Rhea-AI Summary
Nayax Ltd. (Nasdaq: NYAX) has announced a strategic partnership with Autel Energy to provide embedded payment solutions for EV charging infrastructure. Autel, a leading EVSE provider operating in 35 major markets across North America and Europe, reported 53% year-over-year revenue growth in its charging business for 2024.
Under the agreement, Autel will integrate Nayax's payment solutions into an estimated 100,000 EV chargers planned for deployment across North America and Europe by the end of 2026. The partnership aims to streamline charging operations and enhance payment convenience for EV drivers.
Positive
- Partnership targets deployment of 100,000 EV chargers by 2026
- Autel's charging business achieved 53% YoY revenue growth in 2024
- Expansion into 35 major markets across North America and Europe
- Integration provides ready-to-use payment solutions for charging operators
Negative
- None.
News Market Reaction
On the day this news was published, NYAX gained 5.24%, reflecting a notable positive market reaction. Our momentum scanner triggered 3 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $85M to the company's valuation, bringing the market cap to $1.70B at that time.
Data tracked by StockTitan Argus on the day of publication.
HERZLIYA, Israel, Aug. 11, 2025 (GLOBE NEWSWIRE) -- Nayax Ltd. (Nasdaq: NYAX; TASE: NYAX), a global commerce enablement and payments platform designed to help merchants scale their business by simplifying payments and maximizing loyalty, today announced a strategic partnership to provide embedded payment solutions for Autel Energy, a trusted pioneer in electric vehicle (EV) charging technology with a growing footprint across 35 major markets in North America and Europe.
Autel is among the fastest-growing global suppliers of electric vehicle charging equipment (EVSE) and a leader in the smart energy sector. In 2024, the company’s new energy charging business reported a significant year-over-year revenue growth of
Under the agreement, Autel will embed Nayax payment solutions directly into an estimated 100,000 EV chargers set for deployment across North America and Europe by the end of 2026.
“We’re excited to partner with Autel to bring embedded payments to one of the fastest-growing EV charging platforms in the world,” said Yair Nechmad, CEO and Chairman of Nayax. “Our collaboration helps Autel serve more EV drivers, and simplify operations with chargers that are payment-ready from day one.”
“Autel is growing fast, and we needed a global payments partner that could grow with us,” said Yukin Zhang, Deputy GM of Autel Digital Power Co., Ltd. “Nayax gives us the scale, flexibility, and infrastructure to offer a complete solution that makes charging easier for site owners and more convenient for drivers.”
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 Autel Energy
Autel Energy is a global leader in the development and manufacturing of electric vehicle (EV) charging solutions. With a strong focus on performance, reliability and driver experience, Autel is at the forefront of the transition to a cleaner, more efficient transportation ecosystem.
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
A photo accompanying this announcement is available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/7bc10bd4-f362-47fc-8e9b-759e824f0899
FAQ
What is the partnership between Nayax and Autel Energy?
How many markets does Autel Energy operate in?
What was Autel Energy's revenue growth in 2024?
How will the Nayax-Autel partnership benefit EV charging operators?
When will Autel complete the deployment of Nayax-enabled EV chargers?
