Defendant

Nayax Ltd.

1 case as defendant.

Cases
1
Active
1
0 closed
Filed
2024
Top venue
W.D. Texas
1 case

Company profile

Nayax Ltd. is an Israeli fintech company, co-founded in 2005 by Yair Nechmad and David Ben-Avi. While its corporate headquarters and R&D are in Herzliya, Israel, it maintains a worldwide headquarters in Hunt Valley, Maryland, USA, and operates globally with offices in 11 countries. Nayax is a publicly traded company listed on both the Nasdaq (NYAX) and the Tel Aviv Stock Exchange (TASE: NYAX). As of March 2026, the company employed approximately 1,230 individuals worldwide. Nayax reported Q2 2026 revenue of $122.6 million and anticipates full-year 2026 revenue between $510 million and $520 million.

Nayax provides a comprehensive operating system and payment platform, offering cashless, telemetry, management, monitoring, and business intelligence products and services for various retail industries. Its core offerings include point-of-sale (POS) devices like VPOS Touch and Onyx, management suites such as Nayax Core and the MoMa mobile app, and consumer engagement platforms like Monyx Wallet. These solutions support a wide array of cashless payment methods, including credit/debit/prepaid cards, NFC, RFID, and popular mobile wallets, primarily for unattended machines in vending, laundromats, car washes, and self-checkout kiosks. The company has expanded its services into new sectors such as EV charging stations with EV Meter, retail marketing through its acquisition of Weezmo, and financial solutions like Coinbridge.

Based on the available litigation data, Nayax Ltd. demonstrates the posture of an operating company defending its business. The company has been involved in one tracked U.S. patent litigation case, appearing solely as a defendant and never as a plaintiff. This single case was filed in the U.S. District Court for the Western District of Texas.

The sole tracked case involving Nayax Ltd. is PayRange Inc. v. Nayax Ltd., filed on June 24, 2024. Beyond this litigation, Nayax has been actively growing through acquisitions, including On Track Innovations (OTI) in 2022, which led to a settlement with the Israel Competition Authority in February 2025. The company is also making strategic investments in new growth areas, such as EV charging and financial services, including filing an application to establish Nayax America Bank Inc.