Pismo, a provider of cloud-native and API-based financial services platforms, has achieved a significant milestone in its growth by securing a partnership with Australian fintech Tyro Payments. Tyro Payments, known for its expertise in merchant credit, debit, and EFTPOS acquiring, has opted to adopt Pismo’s payment-processing platform to enhance its product portfolio. The strategic collaboration aims to strengthen Tyro’s banking offerings through the utilization of Pismo’s innovative solutions.

Dominic White, Chief Product Officer at Tyro, expressed excitement about the partnership, stating, “At Tyro, we are thrilled to be partnering with Pismo as we continue to strengthen our cashflow management solutions for small businesses across Australia.”

Vishal Dalal, CEO for North America, EMEA, and APAC at Pismo, conveyed enthusiasm for the collaboration with Tyro Payments, a fintech that serves over 68,000 businesses in the Australian market with innovative payment and cashflow solutions. Dalal stated, “We are proud to be chosen by Tyro Payments… We look forward to building a foundation for long-term growth.”

The technical teams from both companies are actively collaborating to integrate their systems, with full operational capability expected to be achieved in the first quarter of 2024. This partnership signifies a significant step forward for both Pismo and Tyro Payments in advancing their capabilities and expanding their presence in the financial services sector.