Tyro Payments

Financial ServicesSeries DSydney, Australiatyro.com

Latest round

Series D

Last raised

Nov 2015

Total raised

$72M

Investors

2

About Tyro Payments

Based in Sydney, Australia, and founded in 2003, Tyro Payments Limited, formerly known as Moneyswitch Limited, operates as a provider of customized EFTPOS, a financial services solutions for business loans, payment infrastructure, bank account, and POS system that helps businesses to manage and track income and expenses. The company was founded by Paul Wood, Peter Haig, and Andrew Rothwell. In 2007, Tyro launched its first cloud-based EFTPOS solution. Aside from providing EFTPOS terminals to retailers and banks, Tyro also provides terminals to medical and healthcare providers. The company offers Medicare and private health fund claiming and rebating services. The company's revenue is generated by three business segments namely Payments, Banking and Corporate. Payments revenue is earned from terminal rental income, fees, and sale of terminal accessories. Banking revenue came from fees charged on loans to merchants and interest expense on merchants' deposits. Corporate and other includes investment income from financial instruments and other income. Revenue for the fiscal year 2020 increased by 11% from the previous year.3 million in cash and financial investments available for future growth.

Who invested in Tyro Payments

2 investors across 1 round

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Funding rounds

  1. Series D

    Nov 29, 2015

    Amount

    $72M

    Investors

    Locked

Questions about Tyro Payments

Who invested in Tyro Payments?

Tyro Payments has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Tyro Payments raised?

Tyro Payments has raised 1 venture round. Sign up free to see how much each round raised and the total.

When did Tyro Payments last raise money?

Tyro Payments's most recent round on record is a Series D, in Nov 2015.

What does Tyro Payments do?

Based in Sydney, Australia, and founded in 2003, Tyro Payments Limited, formerly known as Moneyswitch Limited, operates as a provider of customized EFTPOS, a financial services solutions for business loans, payment infrastructure, bank account, and POS system that helps businesses to manage and track income and expenses.

Where is Tyro Payments headquartered?

Tyro Payments is headquartered in Sydney, Australia.

Which VCs invest in companies like Tyro Payments?

Among active investors with capital left to deploy, IAG Firemark Ventures, Blackbird, AirTree Ventures and Square Peg back financial services companies at Tyro Payments's stage. Their profiles are linked below.

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