Light Frame raises USD 5.1 million to modernize private banking technology

Lausanne-based fintech Light Frame has raised USD 5.1 million in an oversubscribed seed round led by Fortino Ventures, to expand its modular core banking and portfolio management platform for wealth managers, starting in EMEA.

Light Frame has raised USD 5.1 million in an oversubscribed seed round led by Fortino Ventures, with Tenity and other investors alongside existing shareholders.

The company provides core banking and portfolio management software to wealth managers. Its platform is modular, cloud-native and API-driven, with built-in AI capabilities and a secure interoperability layer, so institutions can modernize individual components or adopt the full solution. It targets private banks, wealth managers, asset managers, family offices and WealthTechs, and already has client operations in production in EMEA.

The funding will support continued investment in the platform, larger implementation and client delivery teams, and commercial expansion, starting in EMEA. In the company’s press release, Schuyler Weiss, Co-Founder and CEO of Light Frame, stated that “AI is redefining what technology can deliver.”

A team from Alpian

Light Frame was founded in 2024 by Weiss, former founder and CEO of Alpian, and Mathieu Clément, former COO and CIO of Alpian, together with technologists Philippe Kernevez and Gregory Bataille. The company has offices in Lausanne and in Newport, Rhode Island.