Marstone, a NYC-based digital investment and wealth planning firm, raised $8M in Series B funding.
The round was led by Mendon Venture Partners and South Rose Capital, alongside new investors including the Castle Creek Launchpad Fund and existing investor Equity Bank (NYSE: EQBK).
The company intends to use the funds to expand operations and its business reach.
Led by CEO Margaret J. Hartigan, Marstone provides a digital investment and wealth planning platform with a mission to enhance financial literacy, deepen financial inclusion, and humanize finance for all. Its enterprise-ready solution, Powered by Marstone™, enables financial institutions to reach, acquire, and retain clients who seek information and engagement around their finances. Its platform is multilingual and has expanded internationally to support opening US-based accounts for international investors. Marstone has comprehensive integrations with custodians including Pershing, core banking platforms including Fiserv, account aggregation platforms, and investment managers.
FinSMEs
25/01/2024