Another Australian Fintech Startup is on the Rise

[1] Global financial technology firms are rising up and competing against each other, and Australia adds another highly valued firm to these ranks.

[2] Last month, Sydney’s Tyro Payments earned AU$100 million (US$72 million) of funding round which enabled the company to augment its various financial services.

[3] Founded in 2003, Tyro was the first tech company to acquire a banking license from the Australian Prudential Regulatory Authority, which encouraged other fintech companies.

[Source] Australian Information Technology News – Another Australian Fintech Startup is on the Rise