Just two more days!
Upcoming ASX IPOs
- Tyro Payments Limited TYR 06/12/2019
Future Generation Investment Forum presentation last Thursday in Melbourne 28/11/19 included:
Jun Bei, Tyro if you don’t recognise the name, it’s because it’s not listed yet! However, by next Friday it will be.
Tyro is a payments-solution to retailers. Her slide below provides a neat summary.
The company services retailers, hospitality, and medical centres, and with 51,000 outlets, it transacts $17 billion annually, or 10% market share.
The benefit to the consumer is that it is highly reliable, has extra functionality (e.g.: splitting bills or adding tips), incorporates Alipay and Zip, and is fully integrated with the point of sale. Jun Bei sees further verticals being added in time, and flagged a move into travel.
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