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Twisto

The fastest point-of-sale credit provider in the market.

Out of the 22 million online shoppers across Eastern Europe, about 38% are credit invisible to banks… At Twisto we are on a mission to provide simple & fair daily financing solution by leveraging non-traditional data sources and machine learning for credit assessment. We call our cutting-edge risk engine Nikita which is by far outperforming the traditional credit scoring conventions. We served over 200 000 customers with our “buy now, pay later” solution for online payments. But we don’t stop there....Customers can download our mobile app and open a Twisto Account. With up to 45 day interest free credit and one single invoice for all payments customers have the perfect app to finance their daily needs. This year we partnered with WireCard and MasterCard to launch Twisto Card. This will enable our customers to use Twisto instant credit everywhere. Twisto was recognised as the top FinTech of 2017 in the Czech rep., Forbes ranked Twisto among the top 10 most successful Czech startups. The Twisto team also won awards at the prestigious European MPE conference in Berlin and the Wolves Summit in Poland where Twisto was rated as the best European startup of the year 2016. Twisto is a team of 42 people (+4 dogs) building the next generation of financial services for the CEE region. Having raised EUR 2.5mn from top class investors we are now closing Series A investment. Check out our sales pitch from Finovate London http://finovate.com/videos/finovateeurope-2017-twisto/

Name CEO: Michal Smida
Company founded in: 2013
Country: Czech Republic
Website: twisto.cz
Twitter: @Twistocz
Category: Payments & Transfers

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