Light Frame has raised $1.7 million (CHF 1.55 million) in a pre-seed funding round to launch a new private banking platform in the Swiss market next year.
The Swiss-American fintech company was founded in January by Schuyler Weiss, former CEO of digital bank Alpian.
Mathieu Clément, president of Light Frame, said the fintech aims to create the next generation of wealth technologies that will enable client banks to improve their performance.