Swiss-based B2B fintech company, GenTwo has announced that raised $15M (€13.9M) in a Series A funding round led by US-based Point72 Ventures.
This financial injection is poised to fuel GenTwo’s international expansion efforts and further enhance its financial engineering platform.
Pete Casella, senior partner and co-head of fintech investments at Point72 Ventures, will be joining GenTwo’s board of directors as part of the investment. He expressed his enthusiasm for GenTwo’s vision.
“At Point72 Ventures, we like to back founders with bold ideas. GenTwo is a good example of what we are looking for, and we believe that the founders Patrick Loepfe and Philippe A. Naegeli are the right team to execute on their ideas,” Casella says.