Twisto Payments AS

Investment lists: 
Official name: 
Twisto payments a.s.
Registration country: 
Czech Republic
Company type: 
Instant consumer finance.
Overview: 
Twisto is a Prague-based FinTech that has been innovating online payments since 2013. The company is the leader in 'buy now, pay later' deferred payments in the Czech Republic. Twisto served over 200,000 customers across 350+ online e-shops. The main pillar of Twisto is its proprietary risk scoring engine Nikita - a combination of big data and machine learning algorithms delivering credit decisions in milliseconds. Nikita evaluates credit-worthiness and solvency of customers, bypassing the need to be linked to debtors' registers or requiring sensitive personal information from customers. Twisto is backed by world-class investors: ING Group, UNIQA, ENERN, Partners, Cezary Smorszczewski and Miton.