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Twisto

Újezd 450/40, Prague, 118 00, Czech Republic

Overview

Twisto is a Czech-founded, pan-European challenger bank best known for its Money App and its AI-driven fraud and credit detection platform, Nikita. The company serves more than 600,000 customers across the Czech Republic and Poland and is described as one of Central Europe’s leading fintech startups. Twisto recently extended its Series B with a €14 million investment and has secured €21 million to date. The company is seeking an additional €30–40 million in senior and venture debt to support expansion. Twisto plans to develop Europe’s first universal "debit-credit" payment app and aims to grow to two million full-account customers within five years. Management is also pursuing M&A opportunities and exploring new markets as part of its growth strategy.

Total raised
$15M
Funding rounds
1
Latest round
Series B
Latest activity
Sep 2019

Industries

  • E-Commerce
  • FinTech
  • Mobile Apps
  • Mobile Payments
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Recent funding

  1. Series B

    Sep 2019

    $15M

Team