B2B Fintech expert Dr. Ulrich Schmitt becomes new president of TX Ventures Investment Committee.

Following her new role as Managing Director at High-Tech Gründerfonds, Romy Schnelle is stepping down as president of the TX Ventures Investment Committee and handing over her responsibilities to Dr. Ulrich Schmitt, Partner at HTGF and a proven fintech expert.

Zurich, June 22, 2023 - Romy Schnelle, a former Partner and since May 2023 Managing Director at High-Tech Gründerfonds (HTGF), is stepping down from the Investment Committee (IC) of TX Ventures effective June 2023. In her role as IC president, Romy Schnelle has been instrumental in transforming the corporate venture capital unit into an  independent venture capital fund with >100 MCHF in committed capital, focused on early stage fintech investments. The IC is now led by Dr. Ulrich Schmitt, a partner at HTGF and a proven expert in B2B fintech and cyber security.

Romy Schnelle: «We collectively succeeded in positioning TX Ventures as a leading independent Fintech VC in Europe. I look back on this with pride - not only because of the numerous investments we conducted. I would like to thank the TX Ventures team and my IC colleagues for the achievements and their extremely professional cooperation.»  

Daniel Mönch, Chief Strategy Officer and member of the IC: «Over the last two and a half years, Romy has been an extremely valuable and driving force behind our vision to build a leading Fintech VC in Europe. We thank Romy for the excellent collaboration - we were able to benefit enormously from her wealth of experience and her investment expertise. At the same time, we are happy to welcome Uli, taking over from Romy by June.  With his B2B fintech expertise and his proven investment track record, he is the ideal successor.»

Dr. Ulrich Schmitt:  «I am very much looking forward to the new role and to working together with the TX Ventures team and all IC members. TX Ventures has become a strong brand in the European FinTech ecosystem in a very short period of time and has built an impressive portfolio. I am hence excited to chair the IC and to further expand the fintech footprint of TX Ventures in the future.»

Jens Schleuniger, Managing Partner TX Ventures
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Karole Verlage Frei, Head of Group Brand & External Communications
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About TX Ventures
TX Ventures is an independent venture capital investor focusing on European fintech start-ups. The fund, which has a size of just over CHF 100M, invests in the Seed to Series A phases. The current portfolio includes minority investments in, among others, Neon, PriceHubble, Relio, Selma Finance, Helvengo, Everon, Stableton, Monito, Lend, Tidely, Cashlink und CLST.

About TX Group
The TX Group is a network of platforms and holdings that provides  its users with daily information, orientation, entertainment and assistance for everyday life. Its roots lie in journalism with the diverse newspapers of Tamedia as well as the free media of 20 Minuten. The  portfolio is complemented by the advertising marketer Goldbach. TX Group is the anchor shareholder of SMG Swiss Marketplace Group and JobCloud, holds majority interests in Doodle and Zattoo and is an investor in fintech through TX Ventures.
Founded in 1893, TX Group has been listed since 2000 on the Swiss stock exchange.