SME business lender Tyro, has decided to build the other side of its ledger following its successful float on the ASX last Friday, announcing a pilot offering term deposits for Australian businesses. The fintech became the country’s newest unicorn when it listed (ASX: TYR) at $2.75 a share, giving it a market cap of more than… Read more »
SME payments fintech Tyro listed on ASX today after raising $287.2 million – $34 million more than planned in a “multiple times” oversubscribed IPO – at $2.75 a share, entering the unicorn club with a market cap of more than $1.37 billion. Tyro shares (ASX: TYR) began trading at noon today (AEDT), jumping as high as… Read more »
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 »
Tyro CEO Robbie Cooke. Photo: supplied On the same day Prospa shares were hammered by the market for undershooting its prospectus forecasts, fintech rival Tyro revealed plans for an ASX float it hopes will value the company at more than AU$1 billion. The SME payments and loans provider, chaired by David Thodey, and around since… Read more »
Tyro CEO Robbie Cooke and YBF CEO Farley Blackman Pioneering Melbourne tech and innovation hub YBF Ventures is coming to Sydney, taking over neobank Tyro’s CBD Fintech Hub on Clarence Street. Tyro will become a YBF corporate partner of the new venture, to be known as YBF Sydney. It kicks off with the new financial… 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.
Andrew Rothwell, cofounder of Tyro Payments as he gears up to join Data Republic at its Chief Operating Officer in late May.
The Startup Games wrapped up its first Australian event yesterday at The Mint in Sydney, with local fintech startup Nod securing victory.
Tyro and AfterPay have announced a partnership that will see the AfterPay’s buy now, pay later solution rolled out to retailers using Tyro’s terminals.
UK’s gamified pitching event, Startup Games, is coming to Sydney on February 28 to uncover the most outstanding startups across Australia.
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.
Tyro poised for breakout growth after raising $100 million from Tiger Global and Mike Cannon-Brookes
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.
Stone & Chalk launches Sydney’s second Fintech hub, placing the city in a unique position to be a world leader in Fintech
FinTech is fast becoming a sought after space within Australia, especially at a corporate and government level. That probably has something to do with Australian financial technology companies being some of the best in the world. They are global, are growing rapidly and are serving both the consumer and enterprise markets. It is little wonder that cities like London are beginning to wine and dine our local founders playing in this space with free overseas trips and educational tours in the hopes of wooing them to move offshore and call its city home.
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.