The billing platform for the people who keep small-business technology running - and who, until recently, were terrible at getting paid for it.
An IT shop in a strip mall finishes patching a dental office's servers. No one opens a spreadsheet. No one licks an envelope. The invoice was sent the moment the work closed, the client's card was already on file, the payment cleared the same day, and the deposit reconciled itself against the books before the technician reached the parking lot. That quiet, almost boring sequence is the whole point of FlexPoint.
FlexPoint is a payments and billing platform built for one specific, unglamorous, enormous group: managed service providers - the MSPs who deliver the technology that small and mid-sized businesses run on. More than 40,000 businesses now move money through it. Its revenue has grown nearly fourfold in a year. And in May 2025 it raised a $12 million Series A. For a company whose product is essentially "you will get paid on time," that is a lot of people agreeing the problem was real.
Here is the irony at the center of the MSP world. These are companies that automate everyone else's technology - backups, networks, cybersecurity, the works. They are the reason a law firm's email works at 2 a.m. And yet, when it came time to bill, many of them ran their own finances on a haunted-house assembly of PDF invoices, manual bank entries, and the gentle dread of chasing a client for money already earned.
Payments, for an MSP, were the last thing left running on duct tape. Cash that should have arrived same-day waited on net-30 hope. Reconciliation meant a human matching deposits to invoices line by line. Every hour spent on collections was an hour not spent on the actual work, and every awkward payment reminder put a dent in the client relationship the MSP had worked years to build.
The cost was not only time. It was working capital. An MSP that bills monthly and waits weeks to collect is, in effect, lending money to its own clients for free - the kind of slow bleed that caps how fast a healthy business can grow. Payroll is due on the first of the month whether or not the invoices have cleared. So the people best equipped to keep a small business online were often the ones most starved of their own cash flow, watching revenue they had already earned sit just out of reach in someone else's accounts payable queue.
The market was hiding in plain sight. MSPs sit on top of roughly 80% of all SMB technology spending. Win their billing and you are not selling one more payments tool - you are wiring yourself underneath a $2 trillion economy. The problem was big. The incumbents treated it like a feature. FlexPoint treated it like the whole company.
FlexPoint's origin has an odd resume at its center. Co-founder and CEO Victor Lopez is a Cornell-trained lawyer who became a principal at Owl Rock Capital, financing America's middle-market companies. He spent his career watching how money actually moves through businesses - and where it gets stuck. He left lending to build software for the small businesses he used to underwrite, starting, deliberately, with the least sexy problem available: accounts receivable.
He teamed up with Sam Kushner and Alex Kushner, the latter taking the CTO seat. The bet was contrarian in its narrowness. Instead of building a general-purpose payments tool and hunting for customers, they would build for MSPs specifically - their workflows, their PSA software, their billing quirks - and let that focus be the moat. Vertical, not horizontal. A scalpel, not a swiss-army knife.
Former Owl Rock Capital principal and Proskauer attorney. Holds a JD from Cornell Law. Pivoted from lending to middle-market firms to automating AR for small ones.
Leads engineering and the platform that turns five verbs - sync, send, collect, process, reconcile - into one connected billing system.
Part of the founding trio building FlexPoint's partner-led network across the MSP software ecosystem.
FlexPoint's pitch fits on a napkin: automate the entire billing lifecycle, from invoice to reconciliation. Underneath the napkin sit five connected jobs. Each one used to be a person, a spreadsheet, or a sigh.
Two-way data sync ties QuickBooks, Xero and MSP tools into one source of truth, so nothing drifts out of place.
Automated, branded invoices and reminders go out on their own - the awkward follow-up email, retired.
AutoPay rules, stored payment methods and self-service client portals turn net-30 hope into same-day cash.
Built-in card and ACH processing with PCI compliance, fraud prevention and passwordless logins.
Deposits match invoices automatically. The books close themselves; the cash-flow view updates in real time.
A Virtual Terminal and AI agents now handle the back-office chasing nobody ever wanted to do.
Skeptics of vertical fintech have a fair question: is a niche big enough to matter? FlexPoint's growth curve is the rebuttal. From a $2.4M seed in late 2023 to a $12M Series A eighteen months later, the funding compounded as fast as the customer base. Foundry Group led the round - the same firm with a long memory for infrastructure bets - and pointed to exactly the thing the founders had wagered on.
The investor list reads like a who's-who of the MSP ecosystem itself - Garuda Ventures and Techstars alongside ConnectWise, NinjaOne, Rewst and CyberFox. When the software vendors your customers already use decide to back you, that is less an endorsement than a distribution channel volunteering for duty. It is also a clue about how FlexPoint intends to grow: not by outspending rivals on ads, but by being recommended inside the tools MSPs open every morning.
There is a quieter proof point too, harder to chart but maybe more telling. FlexPoint is the named payment solution preferred within the Profit First Professionals community - a network obsessed with the cash-flow discipline that FlexPoint's automation quietly enforces. For a company selling to skeptical operators who have been burned by clever fintech before, the most persuasive marketing turns out to be other operators saying it simply works.
FlexPoint's ambition is bigger than tidy invoices. The stated goal is to build the largest network of partner-led payments and power the SMB technology economy from underneath. Software is the wedge; payments are the prize. Every MSP that runs its billing on FlexPoint is one more node in a network that, if it keeps compounding, becomes the default way a huge slice of small-business money moves.
There are honest open questions. Vertical fintech lives and dies on whether the niche compounds or caps out. Payments is a crowded, margin-pressured business. But FlexPoint has the rare advantage of being loved by the exact vendors that could have been its competitors - and a customer base that, once their cash flow runs on autopilot, has very little reason to go back to spreadsheets.
So return to that strip-mall IT shop. The technician is in the parking lot. The invoice has been sent, paid, and reconciled. Three years ago that same sequence took a week, two reminder emails, and a slightly strained client relationship. Now it takes no one's attention at all. FlexPoint didn't make the work more exciting. It made the getting-paid disappear - which, for the people who keep everyone else's technology running, turns out to be the most valuable thing you can automate.