Business · Companies · 2 hrs ago

Swiss fintech Light Frame raises $5.1 million in seed funding

Swiss fintech Light Frame raises $5.1 million in seed funding

Swiss-American fintech startup Light Frame raised $5.1 million in seed funding in a round led by Fortino Ventures.

Founded in 2024, it builds banking and portfolio software for private banks and wealth managers.

The company was started by people who worked at Swiss digital private bank Alpian, and it previously raised $1.7 million in pre-seed funding in 2024.

Its cloud-based platform helps firms manage investments and assets and process transactions.

Its modular design lets firms update parts of their existing systems or adopt the full platform.

Light Frame will use the new funding to develop its platform and grow its commercial team across EMEA, the company said.

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Schuyler WeissLight Frame co-founder and CEO
Light Frame delivers foundational technology with the sophistication institutions require.
via Tech.eu
AI is redefining what technology can deliver, but the realisation of its potential in the Wealth industry is dependent on the underlying infrastructure.
via Tech.eu