Tyro Payments Ltd - Company Profile
Powered by 
All the data and insights you need on Tyro Payments Ltd in one report.
$295
- Save hours of research time and resources with
our up-to-date Tyro Payments Ltd Strategy Report
- Understand Tyro Payments Ltd position in the market,
performance and strategic initiatives.
- Gain competitive edge and increase your
chances of success
Tyro Payments Ltd (Tyro) is a financial institution that offers cloud-based integrated electronic funds transfer at point of sale (EFTPOS) banking solutions to enterprises. The company provides merchants with EFTPOS terminals that work on broadband and mobile networks. Tyro also provides unsecured business loans, bank accounts, ecommerce payment solutions, and Tyro connect applications to its clients. The company's offerings find applications in primary health, allied health, pharmacy, retail businesses, veterinary, restaurants, cafes, pubs, and hospitality sectors. The company operates in partnership with POS, fedelta, idealpos, lotuspos, triniteq, Starrec solutions, uniwell, finchcorp, ivvida, Swiftpos. Tyro is headquartered in Sydney, New South Wales, Australia.
Headquarters
Australia
Address
18/55 Market Street, Sydney, New South Wales, 2000
Website
tyro.com
Telephone
61 3 00966639
No of Employees
647
Industry
Financial Services
Ticker Symbol & Exchange
TYR (ASX)
Revenue (2023)
$305.0M
34.8%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
120.3%
(2023 vs 2022)
Market Cap*
$311.5M
Net Profit Margin (2023)
XYZ
115.1%
(2023 vs 2022)
* As of and is in US$
Products and Services
| Products | Services | Brands |
|---|---|---|
| Term Deposit | Payment Services | Tyro Connect |
| Bank Account | ||
| Business Loan |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | New Products/Services | In May, the company launched in-person contactless payments for its customers in Australia through Apple’s Tap to Pay on iPhone. |
| 2022 | Plans/Strategy | In October, Westpac Bank has announced to acquire Tyro Payments. |
| 2022 | Others | In September, the company rejected takeover offer from consortium of investors. |
Competitor Comparison
| Key Parameters | Tyro Payments Ltd | eftpos Payments Australia Ltd | IP Payments Pty., Ltd. | Paymate Pty Ltd | Quest Payment Systems Pty Ltd |
|---|---|---|---|---|---|
| Headquarters | Australia | Australia | Australia | Australia | Australia |
| City | Sydney | Sydney | Sydney | Sydney | Hawthorn |
| State/Province | New South Wales | New South Wales | New South Wales | New South Wales | Victoria |
| No. of Employees | 647 | - | - | - | - |
| Entity Type | Public | Private | Private | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Fiona Pak-Poy | Chairman | Executive Board | 2023 | - |
| Praveenesh Pala | Chief Financial Officer | Senior Management | 2014 | - |
| Paul Keen | Chief Technology Officer | Senior Management | 2022 | - |
| Steve Chapman | Head - Internal Audit; Chief Risk Officer | Senior Management | 2021 | - |
| Dominic White | Chief Product Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Still looking?
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Explorer
Access more premium companies when you subscribe to Explorer
Get in touch about GlobalData Company reports
Contact the team or request a demo to find out how our data can drive your business forward