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. It was the second company in Australia to be granted a Specialist Credit Card Institution (SCCI) licence 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.

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