ASX-listed Tyro Payments has entered into an agreement to acquire fintech startup Thriday, an AI-powered financial management platform for SMEs that automates invoicing, expense management, accounting and banking workflows.
The acquisition is aligned with Tyro’s strategy to expand its banking and payments capabilities and will allow Tyro to accelerate the delivery of integrated all-in-one cash-flow management solutions that reduce back-office friction for its customers.
Tyro CFO and Acting CEO, Emma Burke, said, “Combining Thriday’s smart automation and financial tools with Tyro’s payments and banking capabilities will deliver a more complete and powerful solution for our customers and a platform for further software-driven innovation.
“We see the acquisition of Thriday as a great win for our business and our customers and we will continue to pursue M&A opportunities that are aligned with our growth strategy.”
Thriday CEO, Michael Nuciforo added, “We are excited to join Tyro, a company that shares our commitment to innovation and customer-focused product design. We look forward to helping Tyro accelerate the delivery of customer solutions that help Australian businesses run smarter and grow faster.”
Completion is expected to occur in January 2026, subject to customary conditions, with the majority of Thriday’s team, including CEO Michael Nuciforo, expected to join Tyro.
