Twisto, a Param Company, has secured $19.5 million in new funding from investors. The fintech Buy Now, Pay Later (BNPL) service is dedicated to redefining how people shop and pay, offering easy, flexible, and stress-free payment solutions. Twisto has garnered the trust of 2.5 million customers across the Czech Republic, Poland, and Romania, establishing itself as a significant player in the digital finance landscape. The company was notably the first to introduce BNPL services in the Czech market, bringing a new level of convenience to online shopping.
This substantial capital infusion is poised to accelerate Twisto's strategic growth initiatives and enhance its operational capabilities. The company plans to use the funds to further develop its innovative payment solutions, drive product enhancements, and expand its market reach within its existing operational regions. This investment underscores investor confidence in Twisto's proven business model and its ability to provide valuable services that help merchants increase conversions and average order value, while offering customers greater financial flexibility and control over their purchases.
Twisto's comprehensive offerings include 30-day free deferred payments, Pay in 3 options without registration, and exclusive benefits for registered users, making its services accessible in over 60,000 online stores. Since 2023, Twisto has been an integral part of the fintech group Param, leveraging this integration to push the boundaries of digital finance and innovation. Looking ahead, the company is focused on continuing its trajectory of growth, expanding its customer base, and further solidifying its position as a leader in the evolving BNPL sector by consistently delivering modern and stress-free payment experiences.
