so looks like additional capital the company has to hold to maintain the banking license........the narrative that I've heard (especially when comparing to Smartpay SMP) is that Tyro spends a lot of money on enhancements to the platform, but the benefits (revenues/profitability) is not necessarily coming from having all these bells and whistles (listening to SMP CEO, their focus is purely on what delivers for the customers and also what delivers for their own bottom line).
Anyway, will be interesting to see how their volumes are growing....a real shame they stopped reporting on this as it was a valuable metric IMO (at least for retail investors)
TYR Price at posting:
99.0¢ Sentiment: None Disclosure: Not Held
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