Tyro Payments

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

↑ http://fsi.gov.au/files/2014/04/Tyro_Payments_Ltd.pdf
↑ "Pages - List of Authorised Deposit-taking Institutions". Apra.gov.au. Retrieved 2015-11-26.
↑ Shu, Catherine. "Australian Financial Tech Company Tyro Payments Raises $72M Led By Tiger Global". TechCrunch. Retrieved 2015-11-30.

External links

Official website

Banking in Australia

Bank regulation	Australian Prudential Regulation Authority Australian Competition and Consumer Commission Australian Payments Clearing Association Four pillars policy

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