Meet Twisto, the Czech Republic’s answer to Klarna

Buy Now Pay Later (BNPL) firms have boomed since the pandemic began. Online use has soared 35% since March, BNPL giant Klarna has become Europe’s most valuable fintech at $11bn, and London rival ClearPay has announced it’s expanding to four more continents.

Now Twisto, a BNPL company based in Prague, has secured €16m in new funding, aimed at expanding its services across eastern Europe; an area the company says shows significant promise for BNPL growth.

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