Twisto - About the company
Twisto is an acquired company based in Prague (Czech Republic), founded in 2013 by Michal Smida. It operates as an Online lenders for personal credit lines loans. Twisto has raised $44.2M in funding from investors like ING, Miton and Partners.
Company Details
Twisto provides personal credit line loans to consumers. It allows users to pay after confirmation of goods or services. Its services can also be accessed via an app that is available on iOS and Android devices.
- Website
- www.twisto.cz
- Email ID
- *****@twisto.cz
Key Metrics
Founded Year
2013
Location
Prague, Czech Republic
Stage
Acquired
Total Funding
$44.2M in 6 rounds
Latest Funding Round
Ranked
1st among 2 active competitors
Employee Count
147 as on Jun 30, 2026
Exit Details
Acquired by Param (Aug 16, 2023)
Legal entities associated with Twisto
Twisto is associated with 4 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
HOTOVÉ FIRMY as CIN: 28914660 , Denmark, Active | Jun 11, 2009 | - | - | |
Twisto payments as CIN: 1615165 , Czech Republic, Active | Apr 21, 2013 | - | - | |
Twisto payments a.s. CIN: 01615165 , Czech Republic, Active | Apr 22, 2013 | - | - | |
Twisto payments as CIN: 1615165 , Czech Republic, Active | Apr 21, 2013 | - | 49 (As on Dec 31, 2020) |
Twisto's acquisition details
Twisto got acquired by Param on Aug 16, 2023.
Click here to take a look at Twisto's acquisition in detail
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Twisto's funding and investors
Twisto has raised a total funding of $44.2M over 6 rounds. Its latest funding round was a Series C round on Jan 14, 2021 for $*****. 6 investors participated in its latest round. Twisto has 19 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Twisto:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 14, 2021 | 1355108 | Series C | 3280814 | 9537894 | 8747387 | 9998846 |
May 09, 2019 | 9813425 | Series B | 4043915 | 1490750 | 3171357 | |
Oct 04, 2017 | 3618324 | Series A | 4648655 | 6719293 |
View details of Twisto's funding rounds and investors
Twisto's founders and board of directors
Founder? Claim ProfileThe founders of Twisto is Michal Smida.
Here are the details of Twisto's key team members:
- Michal Smida: Founder & CEO of Twisto and founder of 1 other company. They serve on the board of 1 company.Contact Info: 1 email address
Twisto's Board of Directors
Twisto's board has 3 active members. Michal Smida is part of team and Viktor Shooted and Michal Krocil are independent board members.Here is the list of Twisto's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 12y 11m | |
Independent board member | - | Current | 10y 7m | |
uslsmzz | Independent board member | - | Current | 1y 7m |
ucpiaag | Independent board member | - | Past | 3y 9m |
wtrivzd | Independent board member | - | Past | 7y 4m |
d{lrwsh | Independent board member | - | Past | 7y 4m |
ymltkie | Independent board member | - | Past | 3y 2m |
View details of Twisto's Founder profiles and Board Members
Twisto's employee count trend
Twisto has 147 employees as of Jun 26. Here is Twisto's employee count trend over the years:
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Twisto's Competitors and alternates
Top competitors of Twisto include Flowpay and mallpay. Here is the list of Top 10 competitors of Twisto, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Twisto 2013, Prague (Czech Republic), Acquired | Online lenders for personal credit lines loans | $44.2M | 70/100 | |
2nd | Flowpay 2021, Prague (Czech Republic), Seed | Developer of an online marketplace platform for POS lending | $2.3M | 46/100 | |
3rd | mallpay 2018, Prague (Czech Republic), Deadpooled | Platform offering discount-based payment solutions for in-store online businesses | - | - | 21/100 |
Looking for more details on Twisto's competitors? Click here to see the top ones
Twisto's Investments and acquisitions
Twisto has made no investments or acquisitions yet.
Reports related to Twisto
Here is the latest report on Twisto's sector:
News related to Twisto
•
Jiří Brych becomes the new Head of Product at Twisto and will lead product development in new marketsgospodarka.sos.pl•Jun 30, 2025•Twisto
•
Param Acquires Twisto: Fintech Expansion Across Europe | FinTechFintechmagazine•Aug 18, 2023•Param, Twisto, Param
•
Veriff Identity Verification Solutions Now Available to Twisto’s Buy Now, Pay Later ClientsFintech Finance•Jul 01, 2022•Veriff, Twisto
•
•
Zip to invest over $160M for ownership of 2 companies to expand in Europe, Middle EastSeeking Alpha•Jul 08, 2021•Zip, Twisto, Spotti, Twisto and 1 other
•
•
Australia Stock Exchange listed BNPL Fintech Zip to Acquire Twisto, UAE’s SpotiiCrowdfund Insider•May 25, 2021•Zip, Twisto, Spotii, Twisto and 1 other
•
PayU and Twisto Partner in Poland on Deferred PaymentsCrowdfund Insider•Jan 28, 2021•PayU, Twisto, Twisto
•
Czech BNPL Twitso nabs €16 million in Series C fundingFinTech Futures•Jan 21, 2021•Twisto, ING, Finch Capital, UNIQA Ventures
•
Australia's Zip invests in Czech BNPL player TwistoFinextra•Jan 21, 2021•Twisto, Elevator Ventures, Finch Capital, Zip and 3 others
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