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Zip Co invests in Twisto Payments
Global law firm, DLA Piper, has advised Zip Co Limited on its investment in Twisto Payments.
Emma Musgrave
Firm: DLA Piper (Zip Co Limited)
Value: Undisclosed.
Area: Corporate
Key players: The team advising Zip Co Limited was led by DLA Piper corporate partners Adrian Tan (Sydney) and Miroslav Dubovsky (Prague), and included solicitors Cassian Ho and Marcel Janicek.
Deal significance: Zip Co Limited is an ASX-listed company within the digital retail finance and payments industry. Meanwhile Twisto Payments is a payments platform based in the Czech Republic and Poland.
According to a statement from DLA Piper, the investment will help support Twisto’s growth plans and product expansion in its core markets as well as actively explore emerging market opportunities.
Commenting further, lead partner Mr Dubovsky said: “We are thrilled to have advised Zip on its investment in Twisto, which will provide it with exciting opportunities for collaboration and avenues to combine forces with Twisto in the region”.
“The fintech market was very active during 2020 and we are glad to have completed another deal in this sector.”
Co-lead partner Mr Tan added: “We are excited to utilise DLA Piper’s global platform to partner with Zip as it continues to evaluate new markets globally.”
Emma Musgrave
Emma Musgrave (née Ryan) is the managing editor, professional services at Momentum Media.
Emma has worked for Momentum Media since 2015, including five years spent as the editor of the company's legal brand - Lawyers Weekly. Throughout her time at Momentum, she has been responsible for breaking some of the biggest stories in corporate Australia. In addition, she has produced exclusive multimedia and event content related to the company's respective brands and audiences.
Prior to joining Momentum Media, Emma worked in breakfast radio, delivering news to the Central West region of NSW, before taking on a radio journalist role at Southern Cross Austereo, based in Townsville, North Queensland.
She holds a Bachelor of Communications (Journalism) degree from Charles Sturt University.
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