The investment round was led by Finch Capital and co-led by Velocity Capital. ING Ventures, UNIQA Ventures and ING Bank Slaski also joined the round, following their earlier €5 million Series A investment. Enern stays on as main investor.
The investment will help Twisto to reach two million customers in Central and Eastern Europe in the next five years.
Fintech firm Twisto, founded in 2013 in Prague, created an app for daily payments and instant financing for consumers. Later this year, a debit feature will also be added to the Twisto solution, which enables consumers to prepay their purchases.
