Light Frame

Light Frame is a Swiss-American financial technology company established in January 2024 with a mission to modernize the core technology of the private banking and wealth management industry. The company was founded by a team with deep industry experience: Schuyler Weiss, the former founder and CEO of the Swiss digital private bank Alpian; Mathieu Clement, the former COO and CIO of Alpian; and technologists Philippe Kernevez and Gregory Bataille. This founding team's direct experience in building and operating a digital-first private bank, coupled with expertise from institutions like JPMorgan and REYL, provides them with a practitioner's perspective on the market's needs.

The company targets private banks, wealth management firms, and other financial institutions burdened by legacy systems that are often decades old, rigid, and costly to maintain. Light Frame's central offering is a next-generation core technology platform designed to deliver greater autonomy, operational efficiency, and intelligence. This proprietary platform functions as a modern wealth core, integrating investment operations and portfolio management functionalities through a secure, API-first architecture. Key features include broad asset class coverage, AI-enabled infrastructure, and over 500 open APIs for seamless integration with existing systems, whether legacy or cloud-native. By partnering with cloud-native core banking leaders like Mambu, Light Frame provides a comprehensive solution that connects traditional banking services—such as payments and lending—with sophisticated investment management.

In April 2024, Light Frame secured $1.7 million in an oversubscribed pre-seed funding round. The round was co-led by ATX Venture Partners and New Stack Ventures, with participation from Rogue Venture Partners, Half Court Ventures, Studio Alpha, and Underdog Labs. This capital is being used to expand its teams in Providence, Rhode Island, and Lausanne, Switzerland, and to accelerate product development, with a market launch anticipated in 2025. The business model aims to provide a more cost-effective solution for banks, reducing their operational expenses while simultaneously enabling them to create new revenue opportunities through enhanced capabilities.

Keywords: wealth management technology, private banking software, core banking system, portfolio management platform, FinTech, WealthTech, investment operations, API-first banking, digital private bank, Schuyler Weiss, Mathieu Clement, ATX Venture Partners, Mambu partnership, financial services infrastructure, Swiss FinTech, banking-as-a-service, investment technology, regulatory compliance tech, cloud-native banking, asset management software