Highlights
1 patent
About
Cashless Payment Solutions
On Track Innovations provides cashless payment solutions, including near-field communication products, that are used in businesses such asbanking, mobile network operators, vending machines, mass transit, gas stations, and parking. OTI's field-proven suite of cashless payment solutions is based on an extensive global IP portfolio of 35 patent families and more than 100 patents and patent applications. OTI won the 2017 AI Award for Best Cashless Payment Solutions Provider Israel.
Identity
| Name | On Track Innovations |
|---|---|
| Slug | on-track-innovations-oti |
| Type / kind | startup |
| Crunchbase ID | on-track-innovations |
| Source _id | agxzfmlsbGlzdHNpdGVyGAsSC05ld19Db21wYW55GICAgJ7frPcKDA |
Status
| Status | acquired |
|---|---|
| Status reason | Acquired (Inactive) by Nayax on Jun 2022 - ceased to operate |
| Last update | 2026-05-17 |
Location
| HQ country code | IL |
|---|---|
| HQ region/district | North District |
| HQ city | Yokne'am Illit |
| HQ address | HaTnufa Street 5, Yokne'am Illit, Israel |
Web & social
| https://www.linkedin.com/company/165360 | |
| Twitter / X | https://twitter.com/otiGlobal |
| https://www.facebook.com/otiGlobal | |
| YouTube | https://www.youtube.com/channel/UCuCE-DmPXEL6wm7o7MRMeAA |
Classifications
Primary sector Fintech & Insurtech
Sub-sectors
Fintech & InsurtechMoney Transfer & Management
Technologies
Data StorageSensingPlatforms & InterfacesAPI
Target customers
Transportation & LogisticsTransportation InfrastructureCommerce & RetailDistribution ChannelseCommerce PlatformsOmni ChannelConsumer GoodsFood Retail & ConsumptionRestaurantsGovernment & CityMunicipalitiesMedia & EntertainmentEventsConsumers
Business models
B2CB2B
Tags
banksfintechmobile-paymentspaymentssmart-cityhardwaremobile-devicesnfcparkingticketingiotcard-paymentswearable
Funding
| Total raised | $2.5M |
|---|---|
| Current stage | Acquired |
Raw source document
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