BNPL Twisto Receives €16 million Investment
Twisto, a buy now pay later (BNPL) Fintech, has received a €16 million investment led by
Zip Co and
Elevator Ventures. Twisto is attempting to follow in the footsteps of firms like
Affirm that just went public at a market cap of over $11 billion. Several existing Twisto investors also participated including Finch Capital, Velocity Capital, ING Bank, and the Austrian insurance conglomerate UNIQA.
Twisto is a Czech company that is working to popularize BNPL across Central & Eastern Europe for the past 7 years. In November, Twisto introduced an interest-free,three-installment payment option in the region. Twisto CEO