Nayax appoints 4 new board members

Aug. 8, 2021
Following approval at digital payment company's Aug. 3 shareholder meeting, four technology veterans are joining the audit, balance sheet and remuneration committees, effective immediately

Digital payments company Nayax Ltd. announced the nomination of four new board members following the special meeting of the company's shareholders held Aug. 3.

Vered Raz Avayo is the chief financial officer at Save Foods Inc., an external director at Apollo Power Ltd. and Africa Israel Residences Ltd., and a director at Foresight Autonomous Holdings Ltd. At Nayax, Vered is an external and independent director. She will chair the audit and remuneration committees.

Rina Shafir currently serves as an independent director and chairperson of the audit committee at IBI Investment House Ltd., Shlomo Real Estate Ltd. and Biolight Life Sciences Ltd.; as independent director and chairperson of the finance committee at Almeda Ventures; and as independent director at Sunflower Sustainable Industries Ltd. She is also senior vice president of the Tel Aviv Stock Exchange Ltd. At Nayax, Shafir is an external and independent director, and will serve on the audit and remuneration committees.

Elon Shalev is cofounder of SHL Telemedicine and founder and chief executive of Channel 2 News Co. and the editor in chief of Yedioth Aharonot, a leading Israeli daily newspaper. Shalev served as the vice chairman of the board of directors for Partner Communications Co., an Israeli telecommunications firm. As an independent director, he will have a seat on Nayax's audit and remuneration committees.

Reuven Ben Menachem is the founder and former chief executive of Fundtech, a global provider of software to the fintech industry. In 2015 Fundtech was sold to D+H for $1.25 billion. Today, Reuven is the chairman of several boards of directors of fintech companies, as well as social ventures. Reuven is now a member of Nayax's board.


[Credit: Nayax Ltd.]
Nayax Jun2021 New Logo

Nayax announces second-quarter, KPI call date: Aug. 23

July 27, 2021
Conference call to be at 8:30 a.m. ET (3:30 p.m. Israel Time); Q2 revenue expected to be between $30 million and $31 million, an increase of more than 110% over Q2 2020