- Tyro Payments (TYR) has entered into an agreement to acquire digital health payments business Medipass Solutions
- Based in Melbourne, Medipass is a health fintech company that has created a digital health payment platform
- Under the acquisition, Medipass payments platform and 20-person team will both integrated into Tyro Payments
- Tyro Payments will pay a consideration of $22.5 million, consisting of cash and company shares
- The company expects the acquisition transaction to complete sometime this month
- Tyro Payments is up 5.56 per cent and trading at $3.61 per share
