Company
Prague
Every investor coverage indicates participated in a round Twisto raised.
The transaction that ended Twisto's run as a startup, per published coverage. It closes the funding history too, where it is the ladder's last rung.
| Bought by | Kind | Announced | Price | Sources |
|---|---|---|---|---|
| Zip | Acquisition | Nov 2021 | ~$140m | Startup Daily (Wed 22 May 2024), Startup Daily (Fri 31 Mar 2023), Startup Daily (Mon 28 Feb 2022), Australian FinTech (Mon 15 Nov 2021), TechCrunch Australia, Startup Daily (Mon 31 May 2021), Crunchbase News, Australian FinTech (Mon 24 May 2021) |
Companies Twisto acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Name | Role | Sources |
|---|---|---|
| Michal Smida | Founder and CEO | Australian FinTech (Mon 15 Nov 2021), Australian FinTech (Mon 24 May 2021) |
Stories naming Twisto. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Larry Diamond, who started Zip, is stepping aside from its US top job as Joe Heck takes over and Kevin Moss joins the board; the piece also recounts the fintech's past raises and divestments.
Buy-now-pay-later provider Zip has agreed to sell its European unit Twisto and South African business Payflex, expecting roughly $20 million in net cash inflows while winding down its Middle East operations.
TechCrunch reports Zip's purchase of South African buy-now-pay-later firm Payflex, arguing Africa is an underserved market, and recaps the Australian company's earlier deals for Spotii, QuadPay and Twisto.
Weekly roundup covering CBA's strategic stakes in Little Birdie and Amber, several Australian funding rounds, Zip's BNPL acquisitions, Tritium's planned NASDAQ listing, Amazon's MGM purchase and other global tech news.
Also Startup Daily·Startup Daily·Startup Daily·Startup Daily·SmartCompany·Startup Daily·SmartCompany·Startup Daily·Startup Daily·Startup Daily·SmartCompany·Women's Agenda
ASX-listed payments firm Zip Co has agreed to buy the outstanding shares of European BNPL provider Twisto and UAE rival Spotii, extending its buy-now-pay-later reach across Europe and the Middle East.
Also Startup Daily·Startup Daily·Startup Daily·Startup Daily·Australian FinTech·Crunchbase News·TechCrunch Venture·Startup Daily
Weekly newsletter rounds up venture news: multiple Australian and regional VC fund closes, startup raises including Brighte and Judo, acquisitions of eNett and Sine, neobank collapses, and new revenue-based lenders.
Also Startup Daily·Startup Daily·SmartCompany·Startup Daily·SmartCompany·SmartCompany·Startup Daily·Australian FinTech·Australian FinTech·TechCrunch Venture