Tyro Payments

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Tyro Payments Limited is an Australian financial institution specialising in merchant credit, debit and EFTPOS acquiring. It was founded in 2003 by ex-Cisco employees Peter Haig, Andrew Rothwell and Paul Wood as MoneySwitch Ltd. Tyro was the first new entrant into the Australian EFTPOS business since 1996.[1] It was the second company in Australia to be granted a Specialist Credit Card Institution (SCCI) licence[2] after GE Capital.

On November 30, 2015, Tyro Payments announced a funding round of $72 million led by Tiger Global, TDM Asset Management, and Atlassian co-founder Mike Cannon-Brookes.[3]

References

  1. http://fsi.gov.au/files/2014/04/Tyro_Payments_Ltd.pdf
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