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An update from Tyro Payments Ltd. ( (AU:TYR) ) is now available.
Tyro Payments Ltd has announced a partnership with GapOnly®, a leading pet insurance claims service in Australia, to enhance payment and claiming processes in the $4 billion pet veterinary services industry. This collaboration, set to launch in early 2026, will leverage Tyro’s health payments expertise to allow customers to claim pet insurance and pay the gap at veterinary clinics. The partnership signifies Tyro’s strategic move into the growing pet care market, which is experiencing double-digit growth in insured pets, and highlights the company’s expansion into new industry verticals, including aged-care and pet health, with an addressable market opportunity of approximately $40 billion.
The most recent analyst rating on (AU:TYR) stock is a Sell with a A$0.80 price target. To see the full list of analyst forecasts on Tyro Payments Ltd. stock, see the AU:TYR Stock Forecast page.
More about Tyro Payments Ltd.
Tyro Payments Ltd is a company that provides payment solutions to over 73,000 merchants across Australia, offering in-store, online, and on-the-go payment services. It collaborates with more than 700 partners to deliver seamless payment experiences for industries such as hospitality, retail, services, and health, with integrated banking and lending solutions.
Average Trading Volume: 1,667,239
Technical Sentiment Signal: Sell
Current Market Cap: A$478.2M
For a thorough assessment of TYR stock, go to TipRanks’ Stock Analysis page.