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Twisto

acquired by Param

5 known investors

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Twisto offers a "buy now, pay later" service and payment account in the Czech Republic, letting consumers shop online and in stores and defer payment up to 45 days or split purchases into installments over 3–36 months. The app provides a virtual card, cashback and discounts, bill payment via photo, expense splitting with friends, and favorable foreign currency payments.

ConsumerE-commerceFintech

Founders & leadership

MSMichal Smida
Michal SmidaFounderMichal Smida founded Twisto, a fintech platform offering buy-now-pay-later and payment services in Central Europe. He subsequently became an investor and operator leading RockawayQ, which focuses on industrial technology and manufacturing software companies.

Investors · 5

MITONlisted by MITONPrague
Velocity Fintech Ventureslisted by Velocity Fintech VenturesLaren

How we know: Velocity Fintech Ventures's portfolio page · open dataset · 5k.vc investor directory · Not right? Tell us

ING VenturesreportedAmsterdam

How we know: funding news · Not right? Tell us

UNIQA Ventures GmbHreportedVienna · $1.1M – $5.4M

How we know: funding news · Not right? Tell us

Funding

SEC filings, press & company announcements

Source: company announcements and press reports — follow each round's link for the claim.

Frequently asked questions

What does Twisto do?
Twisto offers a "buy now, pay later" service and payment account in the Czech Republic, letting consumers shop online and in stores and defer payment up to 45 days or split purchases into installments over 3–36 months. The app provides a virtual card, cashback and discounts, bill payment via photo, expense splitting with friends, and favorable foreign currency payments.
Who founded Twisto?
Twisto was founded by Michal Smida.
Who are Twisto's investors?
Twisto's investors include KAYA, MITON, Velocity Fintech Ventures, ING Ventures, UNIQA Ventures GmbH.
Who acquired Twisto?
Twisto was acquired by Param.