We endow twisted tensor products with a natural notion of counit and comultiplication, and we provide sufficient and necessary conditions making the twisted tensor product a counital coassociative coalgebra. We then characterize when the twisted tensor product of bialgebras is a bialgebra, and when the twisted tensor product of Frobenius algebras is a Frobenius algebra. Our methods are purely diagrammatic, so these results hold for (braided) monoidal categories. As an application, we recover that some quantum complete intersections are Frobenius algebras, and we construct families of noncommutative symmetric Frobenius algebras. Along the way, we also characterize when twisted tensor products of separable algebras are separable, and we prove that twisted tensor products of special Frobenius algebras are special Frobenius.
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