$5.1m · Seed · Fintech · Lausanne, Switzerland
Light Frame, which builds core banking and portfolio-management software for private banks and wealth managers, has closed an oversubscribed $5.1m Seed round led by Fortino Ventures. Sidekick Partners, Tenity, Chamaeleon and AltaIR Capital participated alongside existing investors Rogue Venture Partners, New Stack Ventures and Studio Alpha.
The company said the funding will support product development, implementation and client-delivery capacity, and commercial growth across Europe, the Middle East and Africa.
Bank modernisation has to reduce migration risk
Private banks run customer accounts, investment portfolios, corporate actions and performance reporting on systems where disruption is costly. Light Frame combines core banking and investment operations in a cloud-native, API-first platform. Institutions can license individual modules or adopt the full system, while an interoperability layer connects it with transactional banking infrastructure.
The commercial mechanism is progressive modernisation. A modular sale can give a bank a narrower first deployment instead of forcing a full core replacement, lowering the size of the initial decision. If that module performs inside live operations, Light Frame has a route to expand into more workflows. The same approach creates an execution constraint: integrations, data migration and controls must become repeatable enough that each new client does not require a bespoke software project.
Founder experience meets the institutional trust test
Light Frame was founded in 2024 by Schuyler Weiss, the former CEO of Swiss digital private bank Alpian; Mathieu Clément, Alpian’s former COO and CIO; and technologists Philippe Kernevez and Gregory Bataille. The company says it now supports live client operations across EMEA, although it has not named those institutions.
That operating background helps the team understand the security, resilience and implementation demands of regulated banks, but credibility must still be renewed with each deployment. The Seed round’s emphasis on implementation and client delivery is therefore material. Progress should show up in shorter, more predictable rollouts and customers expanding from individual modules into a broader operating platform, not only in a longer list of AI features.
Sources checked:
Light Frame announcement · Tenity announcement · Tech.eu reporting · Tech.eu Funding Explorer
