Light Frame Raises $5.1m in Seed Funding
The seed round, led by Fortino Ventures, will fund platform development and expansion of the company's commercial team across EMEA.
Updated on Nov. 10, 2026 in Financial Services
Light Frame, a company providing core banking and portfolio management software for private banks, wealth managers, and asset managers, raised $5.1m in a seed funding round led by Fortino Ventures. The round also included Sidekick Partners, Tenity, Chamaeleon, AltaIR Capital, and existing investors Rogue Venture Partners, New Stack Ventures, and Studio Alpha.
Why it matters
Light Frame is positioning its cloud and API-based platform as a replacement for what it describes as outdated technology infrastructure used by traditional private banks. The funding will support investment in the platform and growth of its commercial team across EMEA.
Light Frame's seed round of $5.1m is roughly three times the $1.7m it raised in its 2024 pre-seed round. The announcement did not disclose the company's valuation or revenue.
The players
Light Frame
A Switzerland-rooted financial technology company offering modular core banking and portfolio management software to private banks, wealth managers, and asset managers.
Fortino Ventures
The venture investor that led Light Frame's $5.1m seed round.
Schuyler Weiss
Co-founder and CEO of Light Frame, who previously served as CEO of Swiss digital private bank Alpian.
The details
Light Frame delivers its software through a cloud and API platform, and its modular technology lets firms modernise individual parts of their existing systems or adopt the full platform. The company was founded in 2024 by people who previously worked at Swiss digital private bank Alpian, and co-founder and CEO Schuyler Weiss is Alpian's former CEO.
Timeline
2024: Light Frame is founded and raises a $1.7m pre-seed round.
November 10, 2026: Light Frame announces the $5.1m seed funding round.
Market Landscape
Light Frame is pursuing the replacement of legacy core banking infrastructure at private banks with modular, cloud and API-based software, a segment where modernisation has become a competitive focus. The round places the startup among a growing set of fintech vendors targeting the wealth and private banking market in EMEA.
For private banks and wealth managers evaluating core banking vendors, Light Frame's expansion signals a new modular option for modernising existing systems piece by piece. Clients of those banks may see changes to their digital tools as providers adopt newer platforms over time.
The takeaway
Firms weighing legacy system upgrades can consider modular, API-based platforms that let them modernise one component at a time rather than replacing everything at once. Watching how newer entrants like Light Frame scale across EMEA may clarify which approaches gain traction with private banks.
Further reading
For broader context on how banks are modernising their systems, explore more coverage in Financial Services.
