Just a few months on from the departure of cofounder Andrew Rothwell, banking startup Tyro has lost another key figure, with recently appointed CEO Gerd Schenkel today announcing his resignation.
Four months after appointing a new CEO, Sydney-based fintech company Tyro Payments has announced Kareem Al-Bassam as its Head of Product.
Tyro Payments, the Sydney-based fintech company looking to become the next big Australian bank, has announced the appointment of Gerd Schenkel as its new CEO. Current CEO Jost Stollmann will move to the position of full-time executive director.
Combined with the banking licence Tyro obtained from the Australian Prudential Regulatory in August, the funding will go towards accelerating Tyro’s growth initiatives and new product development to help the company provide new payment and banking solutions to customers.
Tyro Payments has today announced Tyro Mobile, a partnership with PayPal that will see small businesses able to accept mobile payments from PayPal users in store.
Sydney looks set to become the country’s leading FinTech space with Tyro, a new hub for FinTech startups, opening in the city’s CBD.