ASX-listed Tyro Payments Limited have announced the appointment of Nigel Lee (pictured) as its new Chief Executive Officer (CEO).
Nigel Lee will start with Tyro in January 2026 after completing a handover with outgoing CEO, Jon Davey.
With over 25 years’ global leadership experience across payments, fintech and digital sectors, Nigel has a proven track record in scaling businesses, driving growth, and executing successful digital and commercial transformations.
Lee has deep payments expertise across issuing, acquiring, software and hardware solutions and has worked at companies including Ingenico, American Express, First Data Corporation, MoneyGram and DataMesh Group. Most recently, he spent four years in the roles of Regional Managing Director Asia Pacific and Chief Customer Officer at Ingenico where he worked with Tyro.
Lee has also been an Operating Partner at private equity asset management company, APIS Partners, specialising in fintech portfolio companies across Asia and Africa, and made investments in several payments businesses during his tenure.
Lee is recognised as a thought leader on global payments trends. He is a member of the executive steering committee for CapGemini’s World Payments Report and is an Advisory Board member of the Emerging Payments Association Asia. Lee knows the Australian market well given the global reach of his experience and Asia Pacific leadership roles.
Tyro Payments‘ Chair Fiona Pak Poy said Nigel’s appointment followed an extensive executive search process involving a very strong pool of candidates.
“I’m pleased to confirm Nigel as our new CEO. His deep global and Australian payments expertise, experience in accelerating growth, shaping transformations and spearheading innovation strongly aligns with Tyro’s strategic ambitions. In addition to his global payments experience, Nigel also brings relevant experience from working with fintech companies at a private equity business.
“Nigel’s domain knowledge and extensive leadership experience will ensure we continue our momentum to drive sustainable growth for shareholders, deliver compelling outcomes for customers and foster a high-performance culture.”
Fiona Pak Poy also acknowledged the contribution of outgoing CEO, Jon Davey, adding, “Jon has played a critical role during a pivotal period for Tyro. He has been an exceptional leader who has led Tyro to profitability, increased free cash flow, and driven our growth agenda in existing and new verticals. Importantly, he has embedded operational excellence across the business and leaves Tyro with a growth strategy and high-performing executive and senior leadership team. The Board thank him for his significant contribution and wish him all the best.”
Incoming CEO Nigel Lee said, “I am passionate about the payments industry and have followed Tyro’s story since it was founded in 2003. It is exciting to return to Australia to lead one of the country’s most innovative fintechs into its next chapter.”
