Investors sceptical as Tyro profit jumps and Lee resets business for FY27

Warwick Ponder
Editor
26 Aug, 2026
Tyro's share price took another hit yesterday as the company delivered its FY26 guidance with profit before tax jumping 40 per cent and elevated Nigel Lee from CEO to Managing Director.
Investors sceptical as Tyro profit jumps and Lee resets business for FY27

Tyro's share price took another hit yesterday as the company delivered its FY26 guidance with profit before tax jumping 40 per cent and elevated Nigel Lee from CEO to Managing Director.

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Tyro's share price took another hit yesterday as the company delivered its FY26 guidance with profit before tax jumping 40 per cent and elevated Nigel Lee from CEO
Stripe Treasury gives Australian customers a unified financial platform to manage incoming and outgoing flows across currencies from a single account, bypassing multi-day settlements from traditional institutions.
Commonwealth Bank has launched PaidIt, combining identity verification and real-time payments to help organisations find recipients and deliver settlements, remediation payments and refunds as cheques disappear.
With organic growth at 6%, the company concedes an already flat acquiring line will be its challenged business in FY27 but claims interchange cuts won’t hit issuing revenue.
Westpac New Zealand has added personalised cashback offers to its hotpoints Mastercard program, using customer spending patterns to deliver targeted merchant rewards directly through its Westpac One digital

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