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

2.1.2026
News

KŠB Announces Senior Appointments: Ivo Průša Named Partner; Dana Jacková, Jana Guričová and Ján Béreš Promoted to Counsel

Kocián Šolc Balaštík (KŠB) has recently made several senior appointments within its leadership team. Ivo Průša has been named Partner as of 1 January 2026, while Dana Jacková, Jana Guričová and Ján Béreš have been promoted to the position of Counsel.

Kocián Šolc Balaštík (KŠB) has recently made several senior appointments within its leadership team. Ivo Průša has been named Partner as of 1 January 2026, while Dana Jacková, Jana Guričová and Ján Béreš have been promoted to the position of Counsel.

17.12.2025
News

KŠB Assisted with the Refinancing of the BigBoard Group, a leading player in the premium outdoor advertising market

Our team provided legal advice to BigBoard Praha, a leading player in the premium outdoor advertising market in the Czech Republic, in connection with its refinancing. Founded in 1993, the BigBoard Group is the largest provider of premium outdoor advertising in the Czech Republic, with an approximately 70% market share and annual turnover of around CZK 2 billion. Its advertising media cover key locations across the country, including the Prague metro and major transport hubs.

Our team provided legal advice to BigBoard Praha, a leading player in the premium outdoor advertising market in the Czech Republic, in connection with its refinancing. Founded in 1993, the BigBoard Group is the largest provider of premium outdoor advertising in the Czech Republic, with an approximately 70% market share and annual turnover of around CZK 2 billion. Its advertising media cover key locations across the country, including the Prague metro and major transport hubs.

15.12.2025
News

KŠB Assisted Sandberg Capital with a Majority Investment in HotelTime Solutions

The KŠB team provided legal advice to the investment group Sandberg Capital on the completion of a majority investment in HotelTime Solutions, one of the leading providers of cloud-based software for hotel operations management.

The KŠB team provided legal advice to the investment group Sandberg Capital on the completion of a majority investment in HotelTime Solutions, one of the leading providers of cloud-based software for hotel operations management.