Street Talk

Silicon Valley’s Stripe eyeballs Tyro’s languishing share price

Sarah Thompson, Kanika Sood and Emma Rapaport

Apr 29, 2025 – 6.41pm

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Stripe, one of the world’s most valuable fintechs, is taking a close look at Tyro Payments and has had early discussions with the ASX-listed eftpos terminal operator, people with detailed knowledge of those talks say.

It has been a difficult few years for Tyro, which has seen its share price battered as investors become sceptical it can compete against massive international rivals and the country’s major banks. Stripe would be a dream suitor for Tyro, which was once a market darling with shares above $4.

Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones.

Kanika Sood is a journalist based in Sydney who writes for the Street Talk column.

Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review.