Tyro to acquire Thriday, an AI-powered financial management platform for SMEs

Tyro Payments Limited (ASX: TYR) (Tyro) has entered into an agreement to acquire Thriday, an AI-powered financial management platform for SMEs that automates invoicing, expense management, accounting and banking workflows.

The acquisition is aligned with Tyro’s strategy to expand its banking and payments capabilities and will allow Tyro to accelerate the delivery of integrated all-in-one cash-flow management solutions that reduce back-office friction for its customers.

Tyro CFO and Acting CEO, Emma Burke, said:

“Combining Thriday’s smart automation and financial tools with Tyro’s payments and banking capabilities will deliver a more complete and powerful solution for our customers and a platform for further software-driven innovation.

“We see the acquisition of Thriday as a great win for our business and our customers and we will continue to pursue M&A opportunities that are aligned with our growth strategy.”

Thriday CEO, Michael Nuciforo said:

“We are excited to join Tyro, a company that shares our commitment to innovation and customer-focused product design. We look forward to helping Tyro accelerate the delivery of customer solutions that help Australian businesses run smarter and grow faster.”

Completion is expected to occur in January 2026, subject to customary conditions, with the majority of Thriday’s team, including CEO Michael Nuciforo, expected to join Tyro.

For further information, please contact:

Media: 
Zoë Lee
+61 405 669 142
media@tyro.com

Investors:
Martyn Adlam
+61 452 112 621
investorrelations@tyro.com

Pursuant to Listing Rule 15.5, Tyro confirms this document has been authorised for release by its Board of Directors.

About Tyro
In 2003, Tyro set out to make payments the easiest part of doing business. Today, we’re still into business big time, powering more than 76,000 merchants across Australia with in-store, online and on-the-go payment solutions. Working with more than 450 POS partners, we create seamless payment experiences for hospitality, retail, services and health providers, with integrated banking and lending solutions designed to help unlock the potential of every business.

About Thriday

Thriday is a Melbourne-based fintech established in 2020 to help Australian business owners reduce the time spent on financial admin tasks. Its integrated banking, accounting, tax and invoicing solution acts as the financial operating system of a business. Thriday automates and simplifies the bulk of financial admin tasks for SMEs, saving time, increasing productivity, improving accuracy and helping SMEs grow through smarter financial management.