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The funding will support continued investment in Light Frame’s platform, the expansion of its implementation and client delivery capacity, and the growth of its commercial activities, initially focused on EMEA.
Headquartered in Lausanne, Light Frame provides next-generation core banking and portfolio management software for the wealth industry. Light Frame’s platform is engineered in Switzerland and combines comprehensive banking and investment capabilities with a cloud-native, API-first architecture designed around artificial intelligence. Its modular design allows private banks, wealth managers and other institutions either to modernise individual components of their existing infrastructure or to adopt a complete solution, significantly reducing implementation timelines and total cost of ownership.
We congratulate founder and CEO Schuyler Weiss and the entire Light Frame team on this important milestone and extend our sincere thanks to Lukas Salden, Wouter Goossens and Hugh Phelan of Fortino Ventures for the excellent collaboration throughout this transaction.
The Cresco deal team consisted of Glenn L’hoëst, Rutger Duden and Nicholas Borgmans.
For more information on this transaction, we refer to Light Frame’s press release.
