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Private Banking Technology Company Light Frame Secures $5.1 Million

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Private Banking Technology Company Light Frame Secures $5.1 Million

In an oversubscribed seed funding round led by Fortino Ventures, wealthtech Light Frame has raised $5.1 million. Sidekick Partners, Tenity, Chamaeleon, and AltaIR Capital also participated in the round, along with existing investors Rogue Venture Partners, New Stack Ventures, and Studio Alpha.

The investment announcement comes at a time when Light Frame is experiencing greater institutional adoption of its technology across EMEA, where the firm is supporting live clients and expanding its presence in private banking and wealth management. The funding will support continued investment in Light Frame’s platform, fuel expansion of implementation and client delivery capacity, and help grow Light Frame’s commercial operations, especially in EMEA.

“Light Frame delivers a foundational technology with the sophistication institutions require,” Light Frame CEO and Co-founder Schuyler Weiss said. “AI is redefining what technology can deliver, but the realization of its potential in the wealth industry is dependent on the underlying infrastructure. The architecture must be designed around this future, without compromising the security, resilience, and trust fundamental to banking. In Fortino and our broader investor group, we have found partners who share our ambition to build that foundation for the next generation of wealth management.”

At a time when many institutions in wealth management are relying on technology and systems designed decades ago, Light Frame offers a platform that combines comprehensive banking and investment capabilities in an architecture that is cloud-native, API-first, and designed with AI in mind. The platform leverages embedded AI functionality and a secure interoperability layer that allows institutions to automate complex operations, enhance employee productivity, and provide more advanced and sophisticated services to clients.


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