FolioDynamix Receives $4M in Debt Financing from Wellington Financial

FolioDynamix, a New York based provider of a web-based technology platform for wealth management, has received $4m in debt financing from Wellington Financial.

The company plans to use the proceeds to continue to expand its offering.

Led by President and CEO Joseph Mrak, FolioDynamix offers wealth service providers and investment advisors a comprehensive web-based technology platform for managing the full wealth management lifecycle across all account types, including unified managed account and unified managed household programs.

The company is backed by venture capital firms Edison Ventures and ABS Capital (read here).



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