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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.
Social
XFacebook
Email ID
*****@twisto.cz
Part Of
Key Metrics
Founded Year
2013
Location
Stage
Acquired
Total Funding
$44.2M in 6 rounds
Latest Funding Round
Investors
Ranked
Employee Count
147 as on Jun 30, 2026
Similar Companies
Exit Details
Acquired by Param (Aug 16, 2023)

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:lockFilter 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
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Twisto's founders and board of directors

Founder? Claim Profile
The founders of Twisto is Michal Smida.
Here are the details of Twisto's key team members:

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

Twisto's employee count trend

Twisto has 147 employees as of Jun 26. Here is Twisto's employee count trend over the years:
Employee count trend for Twisto
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Twisto
Twisto
2013, Prague (Czech Republic), Acquired
Online lenders for personal credit lines loans
$44.2M
70/100
2nd
Logo for Flowpay
Flowpay
2021, Prague (Czech Republic), Seed
Developer of an online marketplace platform for POS lending
$2.3M
46/100
3rd
Logo for mallpay
mallpay
2018, Prague (Czech Republic), Deadpooled
Platform offering discount-based payment solutions for in-store online businesses
-
-
21/100
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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

lockFilter this list
Zip sees way to Twisto acquisitionGlobal Corporate VenturingMay 25, 2021Zip, Twisto
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