Company

Twisto

Prague

Investor	Rounds	Invested
No investors recorded yet. Know one?

Who bought Twisto

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)

What Twisto bought

Companies Twisto acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.

Company	Kind	Announced	Price	Sources
Twisto is not recorded as having acquired anything.

Name	Role	Sources
Michal Smida	Founder and CEO	Australian FinTech (Mon 15 Nov 2021), Australian FinTech (Mon 24 May 2021)

Coverage

Stories naming Twisto. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.

3 deals

Zip founder Larry Diamond is heading home as new US CEO steps in

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.

Startup Daily Wed 22 May 2024 Klarna Zip Happy Money Payflex Twisto CBA Cynthia Scott Joe Heck Kevin Moss Larry Diamond Peter Gray

Also Fintech News Australia

Exit / M&A

Zip divests European and South African businesses, continues wind-down of its Middle East operations

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.

Australian FinTech Thu 30 Mar 2023 Payflex Twisto Zip Larry Diamond

Exit / M&A

Zip swallows Sezzle in $491 million BNPL takeover

Startup Daily Mon 28 Feb 2022 Afterpay Block Humm Sezzle Spotii Square Twisto Zip Charlie Youakim Larry Diamond Mike Cutter Paul Lahiff

Unnamed stage

Zip acquisition of Payflex means Africa is ripe for BNPL disruption

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.

TechCrunch Venture Fri 3 Sep 2021 Spotii Afterpay Payflex QuadPay Square Twisto Zip

Also Startup Daily·Australian FinTech

15 deals

Ignition Lane's Weekly Wrap: CBA's cash splash, NZ's Hi-Tech awards, the biggest tech news from around the world

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.

Startup Daily Mon 31 May 2021 Amber Electric Artrya Dawn Aerospace FiberSense Forte Global Ivvy Klarna Little Birdie Mx51 Pyn Qualified Airwallex Amazon Apple Assembly Payments Athena Atlassian Autopilot Backr Carta Carted Catch Comcast Credit Savvy CultureAmp Domain Domino's Doshii Dragontail Systems Epic Fisher & Paykel Healthcare Go1 Google Halter Home-in Ignition Lane iseek KKR KPMG Linktree MGM Moxion Netflix NextDC Payble PEXA PIPE Networks R3 Reinventure Group Rubrik Salesforce Shopify Six Park Skedulo Slack Spotti Square Square Peg Capital Squarespace Stripe Superhero Tiger Financial Group TransferWise Tritium Twisto Twitter Virgin Galactic Vonto Westpac Whip Around Whole Foods x15ventures YUM Brands Zetta Venture Partners Zip Accel Acorn Capital Andreessen Horowitz Artesian VC Blackbird Ventures CBA Coinbase Commencer Capital Gandel Invest Mastercard Movac Salesforce Ventures Thorney Investment Group Tiger Global Bevan Slattery Gabby Leibovich Gavin Appel Hezi Leibovich Jon Williams Joris Luijke Kara Frederick Dr Mark Englund Mike Angell Rebecca Eastwood Tim Cook

Also Startup Daily·Startup Daily·Startup Daily·Startup Daily·SmartCompany·Startup Daily·SmartCompany·Startup Daily·Startup Daily·Startup Daily·SmartCompany·Women's Agenda

Unnamed stage

Zip expands into Europe and the Middle East

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.

Australian FinTech Mon 24 May 2021 Spotii Delivery Hero Gap New Balance PayU Pizza Hut QuadPay Twisto Under Armour Yves Rocher Zip Anuscha Ahmed Larry Diamond Michal Smida

Also Startup Daily·Startup Daily·Startup Daily·Startup Daily·Australian FinTech·Crunchbase News·TechCrunch Venture·Startup Daily

17 deals

Ignition Lane’s Weekly Wrap: VC’s $1.6bn year, Christmas collapses, Bassat’s bitcoin bet

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

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