Paramara signed an agreement to acquire Twisto payments a.s. from Zip Co Limited (ASX:ZIP) on March 30, 2023. Subject to closing conditions, including regulatory approval and along with previously announced actions to wind down its operations in the Middle East.

Paramara completed the acquisition of Twisto payments a.s. from Zip Co Limited (ASX:ZIP) on August 17, 2023. Royal Park Partners acted as financial and strategic advisor to Twisto payments and Zip Co Limited. Odin Financial Advisors, Inc. acted as financial and strategic advisor to Paramara and its shareholders.