Light Frame raises $5.1M to sell private banks new core software
Light Frame, co-founded by former Alpian CEO Schuyler Weiss, will use the $5.1M Fortino Ventures-led seed to expand wealth-banking deployments across EMEA.
By RuntimeWire Staff · Published
Primary source: Tech.eu
Why it matters
Private banks want AI and faster product launches, but many still run client assets on decades-old core systems. Light Frame's bet is that founders who operated a regulated Swiss bank can persuade peers to modernize in pieces, starting with wealth-specific portfolio and investment operations.
Light Frame, the Swiss-American wealth-banking software company co-founded by former Alpian chief executive Schuyler Weiss, has raised $5.1 million to sell private banks and wealth managers modular core banking and portfolio software. Weiss spent years running a Swiss digital private bank on infrastructure his team had to work around. Light Frame now sells other wealth firms software built for that job.…
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