The payment cards provider is partnering with two merchant acquirers in a bid to end the question “do you accept American Express?”
Private equity firm Potentia Capital has walked away from the Mike Cannon-Brookes-backed fintech Tyro Payments after gaining access to its books.
Apple is switching on technology that allows Australian businesses to accept contactless credit card payments on their iPhones.
Strong spending at retailers,pubs,restaurants and other hospitality venues has helped Tyro Payments to a bumper half.
Tyro Payments’ largest shareholder,Mike Cannon-Brookes-owned Grok Ventures,has taken aim at the David Thodey-led board of the fintech.
Shares in Mike Cannon-Brookes-backed fintech Tyro Payments have plunged almost 18 per cent after Westpac ended its takeover talks with the company and Tyro’s board said it was ceasing discussions about selling the business.
Westpac says it is in preliminary talks with Tyro Payments about buying the fintech,whose biggest shareholder is billionaire Mike Cannon-Brookes.
Most people have probably never heard of the fintech Tyro Payments,but there’s every chance they have used its services.
The next chief of Tyro Payments,Jon Davey,hopes his appointment will bring greater certainty to the company after a tough period.
The bidders have secured conditional support of Tyro’s biggest shareholder,Mike Cannon-Brookes’ investment company Grok Ventures.