Twisto

Twisto is a Prague-based fintech founded in 2013 by Michal Smida, offering buy-now-pay-later and digital payment solutions across Central Europe. The platform allows consumers to defer payments at checkout and manage spending via a mobile app and virtual card, while merchants benefit from higher conversion rates. Twisto expanded into Poland and Romania before being acquired by Zip Co (Australia) in 2022 for approximately $97 million. The company helped pioneer BNPL adoption in CEE and remains a notable Czech fintech exit story.