Stripe, one of the world’s most valuable fintechs, is taking a close look at Tyro Payments and has had early discussions with the ASX-listed eftpos terminal operator, people with detailed knowledge of those talks say.
It has been a difficult few years for Tyro, which has seen its share price battered as investors become sceptical it can compete against massive international rivals and the country’s major banks. Stripe would be a dream suitor for Tyro, which was once a market darling with shares above $4.
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