2 February 2017

Former UBank executive joins Tyro as new Head of Brand & Marketing

Tyro Payments Limited (“Tyro”), Australia’s fastest growing EFTPOS and banking services provider for small and medium sized businesses, today announced the appointment of Natalie Dinsdale as the company’s new Head of Brand & Marketing.

Ms Dinsdale has more than 17 years experience as an entrepreneur and marketer across a range of Australian and UK financial services challenger organisations, including Egg (UK’s 1st Online Bank), Virgin Money, UBank and Bankwest.

Her recruitment follows the appointment of Tyro CEO Gerd Schenkel last October, and Tyro’s new Head of Product, Kareem Al-Bassam, in January.

Mr Schenkel said he was delighted to strengthen Tyro’s leadership team with someone of Ms Dinsdale’s capability in creating and developing challenger brands & propositions.

“Tyro is at an exciting phase of its growth and Natalie’s appointment is the latest example of how we are attracting some of the most talented professionals in Australia to our team,” he said.

“Natalie has deep experience delivering integrated marketing strategies and business growth.”

During her distinguished career, Ms Dinsdale was part of the team that launched Australia’s first home-grown digital deposit and mortgage bank, UBank, which now has about $20 billion in customer balances.

She led the launch of Mortgages for Virgin Money and was involved with Bankwest’s east coast launch and expansion.

Most recently Ms Dinsdale has been operating as an entrepreneur, developing her own start-up e-commerce business in the parenting and baby market.

“Tyro is one of Australia’s most remarkable growth stories, and the opportunity to be part of an organisation dedicated solely to giving SMEs a better deal is incredibly exciting,” Ms Dinsdale said.

Tyro’s growth and achievements since it was established in the early 2000s have been remarkable. Currently serving more than 17,000 small businesses, Tyro processed $8.6 billion in transactions and generated more than $95 million in revenue in FY16.

In December 2015, Tyro raised about $100 million in fresh growth equity capital from Tiger Global in New York, TDM Asset Management in Australia, and Atlassian co-founder Mike Cannon-Brookes.

In August 2015, Tyro became the first Australian technology company to be granted a full banking licence by the Australian Prudential Regulatory Authority, allowing it to accept deposits and to advance money to Australian businesses.

Need to know more?

For more about this news story please contact:
Monica Appleby, Head of Corporate Communications on 0466 598 946 or mappleby@tyro.com
Sophie Cotterill, Corporate Communications Manager on 0414 960 292 or scotterill@tyro.com