Nayax applies for US innovation bank charter in Connecticut

Nayax Ltd. announced it has applied to the Connecticut Department of Banking to establish Nayax America Bank Inc., a non-depository innovation bank. This strategic move aims to expand its financial services in the U.S., enabling Nayax to offer corporate cards, controlled-spend programs, and working-capital solutions directly through its platform. The company also launched Yellow Account, an account and deposit service for SMB customers, operated with Adyen as the sponsoring bank, which is expected to integrate with the new bank once chartered. This initiative extends Nayax's regulated payment and card-issuing authority to North America, its largest market.