Twisto

→ Zip Co 🇦🇺

€99.3M≈ CZK 2.48B

Buy now, pay later. Zip paid now.

Twisto was sold to Zip Co (Australia) in May 2021 for €99.3M (about CZK 2.48B). It ranks #21 among Czech tech exits with a disclosed price. Founded in 2013, it took 8 years to get there. The company was founded by Michal Smida and Viktor Stiskala. It raised €79.4M from investors and sold for 1.2× that.

Buyer

Zip Co

Buyer country

🇦🇺 Australia

Founded

2013

Founding to exit

8 years

Founders

Michal Smida, Viktor Stiskala

Raised from investors

€79.4M

Multiple

1.2×

Revenue

10,5 mil. EUR

Converted

• 35.4 millionbeers
• 9.93 millionplates of svíčková
• 3,308Škoda Octavias
• 331Lamborghinis
• 276Prague flats
• 2.5superyachts
• 0.66tickets to the Moon