
The Founders: Growing the Fintech industry in Australia

Dylan Winik used his entrepreneurial experience to make Nayax one of the largest cashless payment providers in the country. After successfully founding and building two strong tech businesses in South Africa and Australia, Winik became Operations Director for Nayax Australia. He joined while the Australian branch, which services both Australia and New Zealand, was just in its infancy and after the business acquired VendCheck. According to KPMG, the payments sector, which Nayax is part of, accounts for 20% of the total Australian fintech landscape. Winik also entered the sector as cashless payments became the most common method of payment in Australia. The use of digital payments has grown from A$746 million in 2018 to over $93 billion in 2022, with cash payments accounting for 13% at the end of 2022 compared to 70% in 2007. Nayax has entered the market through offering cashless vending solutions that support both card payments and payments through services like Apple Pay, Google Pay and Samsung Pay. Overall, Nayax’s global revenue rose 32% to US$95.6 million in Q2 of 2025. The company expects revenue to grow between 30% to 35% to a range of US$410 million to $425 million for the full year 2025.How Winik grew N