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    Home » Nayax CEO Yair Nechmad discusses earnings and expansion
    Fintech

    Nayax CEO Yair Nechmad discusses earnings and expansion

    Rita HuBy Rita HuMarch 7, 2025No Comments2 Mins Read
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    • Nayax reports 34% revenue increase in 2024
    • Plans aggressive growth and GCC expansion

    What happened: Nayax’s financial performance and strategic expansion

    Nayax Ltd, a global fintech company, reported a 34% increase in revenue for the fiscal year 2024. The company’s CEO, Yair Nechmad, discussed these results and future plans in a recent interview. He highlighted Nayax’s focus on market expansion and operational efficiency. The company aims to achieve a 30% to 35% revenue growth in 2025, targeting a revenue range of $410 million to $425 million.

    Nayax plans to expand its services into the Gulf Cooperation Council (GCC) region, enhancing its global presence. Nechmad emphasized the company’s commitment to innovation and customer satisfaction as key drivers of its competitive advantage.

    Also read: SolarWinds CEO discusses rebuilding trust post-breach
    Also read: Intel in talks to sell Altera stake

    Why it’s important

    Nayax’s 34% revenue growth in 2024 reflects its strong market position in the fintech industry. The company’s planned expansion into the GCC region indicates a strategic move to tap into emerging markets. This expansion could diversify Nayax’s revenue streams and enhance its global footprint. The focus on innovation and customer satisfaction underscores Nayax’s commitment to maintaining its competitive edge. Investors and stakeholders may view these developments as positive indicators of the company’s future performance.

    Fintech GCC expansion Nayax revenue growth Yair Nechmad
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    Rita Hu

      Rita is an community engagement specialist at BTW Media, having studied Global Fashion Management at University of Leeds. Contact her at r.hu@btw.media.

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