TX Ventures launches CHF 100 million FinTech investment fund

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06.12.2022
TX Group Building

Today, TX Group is hosting its Investor Day 2022 for institutional investors, analysts and the media. In this context, the Group has announced the launch of a Fintech Fund with focus on the DACH region.

As the independent and return-oriented venture arm of TX Group, TX Ventures has built a strong investment track record with startups such as the challenger bank neon, the alternative investment platform Stableton and the real estate price intelligence software Pricehubble. In what follows TX Ventures’ organic evolution, a single LP (Limited Partnership) fund with a target size of CHF 100 million is being launched. The newly created fund empowers TX Ventures to continue its successful diversification by extending its geographic mandate to Europe with focus on the DACH region. 

The fund’s capital derives partially from past TX Ventures sales (such as Olmero, Star Ticket, Moneypark, etc) and is to be invested in upcoming FinTech opportunities. FinTech, a non-correlated industry to the media business, offers great diversification opportunities with a sizable and growing market and a strong banking ecosystem in Switzerland.

The new fund will further enhance TX Ventures’ integral investment governance with independent reporting and valuation, allowing for a simplified annual reporting standard and helping TX Group achieve further transparency in the performance assessment of the investment team.

The TX Ventures investment committee is chaired by Romy Schnelle, Partner at Hightech Gründerfonds (HTGF) and complemented by well known FinTech Founder Miriam Wohlfarth, Sandro Macciacchini (COO of TX Group), Daniel Mönch (CSO of TX Group) and Olivier Rihs (Board Member SMG and JobCloud).

(Press release / SK)

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