How they describe themselves: Twisto is on a mission to simplify daily payments, provide customers with flexible credit line and help them regain control over their finances with outstanding experience born in the mobile age.
How they describe their product/innovation: Twisto payment app delivers one click shopping experience paying all daily expenses on behalf of customers. From e-shops to paper invoices to brick & mortar stores, Twisto aggregates all spending into a single invoice. Following the interest free period of up to 45 days, customers can choose to pay in full or spread the payment with one click instalment plans. Other key features include: best FX rate for international transactions with the Twisto card, real-time payment notifications, personal finance management and data driven shopping tips & rewards based on customers spending behavior and preferences.
Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B), through financial institutions