Company Directory Finance/Insurance Tyro Payments Limited

TYRO PAYMENTS LIMITED

Tyro exists to provide Australian Small and Medium Enterprises with innovative products and services, to help improve and grow their business.

  • Founded 2003
  • 201-500 Employees
  • 101-200 Engineers
  • Finance/Insurance

About TYRO PAYMENTS LIMITED

Tyro is Australia's largest independent EFTPOS provider, focusing on small and medium enterprise customers. We have license to provide banking products, so your deposits with us are government guaranteed.

We are an Australian business, founded 13 years ago and make our software right here, in Sydney.

Our ~370 people are all here to enhance our customers' businesses and improve the lives of their owners, managers and employees.

Timeline:

FY 2003
- Entrepreneurs Paul Wood, Peter Haig and Andrew Rothwell founded Tyro in response to the RBA's call for competition.

FY 2005
- 17 staff
- First and only bank to obtain an acquirer bank license

FY 2007
- 34 staff, $6M in transactions
- First to launch a cloud-based EFTPOS solution

FY 2009
- 41 staff, $511M in transactions
- First to launch integrated EFTPOS Medicare rebates

FY 2010
- 51 staff $1.3B in transactions
- First to launch non-stop acquiring services

FY 2011
- 54 staff, $2B in transactions
- First to be PA-DSS certified for secure EFTPOS architecture

FY 2012
- 68 staff, $3B in transactions
- Monthly break-even: 10,000+ EFTPOS terminals in use

FY 2012
- 68 staff, $3B in transactions
- Monthly break-even: 10,000+ EFTPOS terminals in use

FY 2014
- 167 staff, $5.2B in transactions
- Launched an integrated Private Health Fund claiming solution

FY 2015
- 221 staff, $6.8B in transactions.
- Moved to 155 Clarence Street. Launch of Australia’s first Fintech Hub. Development of a cloud based and mobile core banking
platform

FY 2016
- 297 staff, $8.6B in transactions
- First technology company in Australia to be issued a full bank licence. $100M in funds raised. Launch of the first banking product: Tyro Smart Account.

TYRO PAYMENTS LIMITED -
TYRO PAYMENTS LIMITED -
TYRO PAYMENTS LIMITED -
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Tech Stack
  • Java
  • Spring
  • Hibernate
  • AWS
  • React
  • Angular
  • MySQL
  • Python
  • Ruby
  • Linux
  • Perl.