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Banks to exit acquiring says Tyro’s new boss as he takes on new COO

Banks to exit acquiring says Tyro’s new boss as he takes on new COO

“I think that we'll see the quiet movement of banks exiting the end state merchant touch points,” says Tyro CEO Nigel Lee as he doubles down on backend services and hires a new COO to drive scale.

Feb 10, 2026

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Banks to exit acquiring says Tyro’s new boss as he takes on new COO

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