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Former Temenos CEO, Max Chuard, joins Aperture Capital as Strategic Investor and Investment Committee Member


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- Through Aperture Capital, Max will support fintechs as they scale from Seed to Series B
- Run by senior ex-Temenos colleagues, Aperture Capital’s unique VC model offers portfolio companies deep domain expertise and hands-on operational support
GENEVA, SWITZERLAND — 31 March 2026 — Aperture Capital, a Swiss Venture Capital (VC) firm focused on early-growth fintech and AI infrastructure investing, is welcoming Max Chuard, former Temenos CEO, as a strategic investor and member of its Investment Committee.
Until 2023, Max Chuard was Group CEO of Temenos, one of the world’s leading banking technology companies, where he oversaw major strategic initiatives including expansion into more than 150 countries, more than $1bn in acquisitions, and the company’s business model transition to SaaS and AI-driven banking. After more than 20 years at Temenos, including a period in which the company’s market value increased more than tenfold and it became Europe’s third largest software company, Max is now turning his attention to supporting and growing the next generation of fintech companies in Europe.
Max, via his family office Astir Capital, has invested in Aperture Capital, but also intends to co-invest with the firm in its most promising portfolio companies. Effectively, Aperture Capital will become the main platform through which Astir Capital invests in early-growth fintech companies. Initial investments via Aperture Capital include fast-growing fintech businesses such as Stableton, Trustap and Fundcraft.
Established in 2019, Aperture Capital is an international VC firm focused on early-growth European fintech with a stellar investment record. It prides itself on its deep fintech domain expertise, with a team of fintech operators who support portfolio companies, particularly with Go-to-Market (GTM). The firm invests across B2B fintech, cybersecurity and embedded finance in companies leveraging AI through strong network effects and data moats. It has backed more than 20 companies to date and delivered strong returns, with an IRR on its venture investments of more than 40%, and a notable exit through the sale of Metaco to Ripple in 2023 for USD250 million.
Aperture’s 30+ strong team of fintech domain experts based in five cities across Europe and the US comprises several former Temenos employees. This exemplifies a talent flywheel in which experienced operators reinvest their expertise to help build the next generation of fintech businesses.
Max Chuard, Aperture Capital Strategic investor and Investment Committee Member said,
“The European fintech market is undergoing profound structural change, which will usher in a period of rapid growth and create the opening for a new generation of fintech companies. I know the Aperture Capital team well, and their model stands out because it doesn’t just invest capital, it actively helps each company to grow. In turn, this strong operational involvement gives Aperture Capital an investment edge. This combination of experience, capital and execution is uniquely placed to identify great companies and help them realise their potential.”
Ben Robinson, Managing Partner at Aperture Capital, added:
“As an investment company, our advantage lies in our deep fintech knowledge and our strong working relationship with portfolio companies. With Max onboard, we’ll be able to double down on that advantage, giving founders access to a CEO who scaled one of Europe’s most successful fintech companies, whose experience and learnings will be invaluable in helping them succeed.”
Max Chuard will join the Aperture Capital’s Investment Committee as the company further institutionalizes its investment business, alongside existing members such as Aleksandra Laska, a former GP at RedAlpine, and Brett Bivens, a GP at Production Capital.
ENDS
For media enquiries contact: aperture@hardnumbers.co.uk or press@aperture.co.
About Aperture Capital
At Aperture Capital, we invest in early growth European companies building the technology infrastructure for the future of financial services. Our focus is on “systems of intelligence”—tools that connect data, AI, and workflows across complex processes. These systems are essential to catalyzing the megatrends in financial services – from agentic finance and embedded finance to funding the hard asset supercycle. Before investing, we work with companies to test traction and team. After investing, we embed our growth team to scale results. This hands-on model gives deeper insights, faster growth, and stronger outcomes—driving a 40%+ IRR across our portfolio.
For more information, please visit www.aperture.co
About Astir Capital
Astir Capital is a privately held single-family office with a long-term, multi-asset investment mandate across private equity, venture capital, real estate, and public markets, with a focus on Swiss real estate and European private equity. Founded by Max Chuard, former CEO of Temenos, Astir Capital partners with exceptional founders, investors, and asset managers to support disciplined, long-term value creation.
For more information, please visit www.astircapital.ch
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