11.5.2021
News
Financial services

KŠB Advises on Financing Twisto

KŠB (Ivo Průša and Martin Krejčí) assisted J&T Bank in financing the development of Twisto. In addition to J&T Bank, which provided a loan of CZK 450 million, the financing was also provided by venture debt fund Orbit Capital and its subfund Conseq Venture Debt, which is jointly operated by investment platform Enern and investment company Conseq.

Twisto – “the simplest online payment tool” – has been used by over 1.7 million customers so far, more than 55% of them from the Czech Republic. Twisto account, the company’s main product, is used by over 180,000 customers. Today, the account includes a payment card, a virtual payment card, Apple Pay and Google Pay, Snap – an advanced bill payment tool, and Split – a tool to divide joint purchases. The transaction builds upon KŠB’s long-standing and unique experience, as KŠB is one of just a few firms that provides advice to financial institutions and other entities in this segment of financing.

For more information click HERE and HERE.

Other articles

14.9.2026
News

KŠB advises on the sale of a majority stake in Znakon Group to enteria

KŠB provided legal advice on the sale of a 75% stake in Znakon, Znakon Asfalt and Znakon Servis to enteria, a Pardubice-based group and one of the Czech Republic’s largest construction holdings.

KŠB provided legal advice on the sale of a 75% stake in Znakon, Znakon Asfalt and Znakon Servis to enteria, a Pardubice-based group and one of the Czech Republic’s largest construction holdings.

9.9.2026
News

KŠB Runs for a Good Cause

On Tuesday, 8 September three teams from KŠB took part in the eighth annual Good Will Run organised by the Olga Havel Foundation in Prague’s Hvězda Park. Proceeds from the entry fees will go towards supporting families facing difficult circumstances due to serious illness, loss of housing or domestic violence.

On Tuesday, 8 September three teams from KŠB took part in the eighth annual Good Will Run organised by the Olga Havel Foundation in Prague’s Hvězda Park. Proceeds from the entry fees will go towards supporting families facing difficult circumstances due to serious illness, loss of housing or domestic violence.

4.8.2026
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Richard Schmidt Joins KŠB, Strengthening Its Corporate Criminal Liability and Compliance Practice

KŠB expanded its team at the beginning of August with the arrival of attorney Richard Schmidt, who has extensive experience in criminal law, including corporate criminal liability and related compliance matters.

KŠB expanded its team at the beginning of August with the arrival of attorney Richard Schmidt, who has extensive experience in criminal law, including corporate criminal liability and related compliance matters.