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Australian Startup Tyro Payments Raises $72M For Expansion

[Press Release] - Australia’s independent and fastest growing EFTPOS provider Tyro Payments, announced today it has raised AUD $100 million (about $72 million) from Tiger Global Management in New York, TDM Asset Management in Sydney and Australian technology entrepreneur Mike Cannon-Brookes to fund the next stage of its ambitious growth strategy.

Tyro will use the new funds to accelerate its growth initiatives and new product development to provide innovative payment and banking solutions to its customers.

Tyro serves more than 14,000 businesses in Australia and processes ov ...

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