Atlassian boss Mike Cannon-Brookes had a nice little earner when SME payments fintech Tyro listed on the ASX at noon today. The shares soared in the first hour of trade from a listing price of $2.75 to $3.51, a 20% gain on paper for the company’s tightly held register of shareholders. By mid afternoon, the… Read more »
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.
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.