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Tyro Payments to Acquire AI Platform Thriday for Enhanced SME Solutions

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Tyro Payments to Acquire AI Platform Thriday for Enhanced SME Solutions

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An update from Tyro Payments Ltd. ( (AU:TYR) ) is now available.

Tyro Payments Limited has announced its acquisition of Thriday, an AI-powered financial management platform for SMEs, to enhance its banking and payment capabilities. This strategic move aims to deliver integrated cash-flow management solutions, reducing back-office friction for customers and fostering software-driven innovation, with the majority of Thriday’s team, including CEO Michael Nuciforo, joining Tyro.

The most recent analyst rating on (AU:TYR) stock is a Buy with a A$1.70 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 Limited is a company that provides payment solutions to over 76,000 merchants across Australia, offering in-store, online, and mobile payment services. It collaborates with more than 450 POS partners to deliver seamless payment experiences across various sectors, including hospitality, retail, services, and health, with integrated banking and lending solutions.

Average Trading Volume: 1,831,007

Technical Sentiment Signal: Hold

Current Market Cap: A$533.4M

For detailed information about TYR stock, go to TipRanks’ Stock Analysis page.

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