European neobank Twisto extends Series B round with €14 million from investors

The Czech-founded, pan-European challenger bank Twisto has raised €14 million as part of its Series B round of funding. William Reeve, a co-founder of LOVEFiLM and Secret Escapes, has participated in the round alongside Finch Capital, Velocity Capital, ING Ventures, UNIQA Ventures and ING Bank Slaski.

To date, Twisto has secured €21 million and is seeking an additional €30-40 million in senior and venture debt funding to expand.

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