She helped build the software by first doing the stubborn, regulated work it was meant to replace. Seven years later, Valon has sold the operating company and kept the operating system.
Banks want blockchain's shared rails without putting their books in a shop window. Hashgraph's answer is a private network, a ready-made tokenization stack and a plan to connect the islands without bridges.
Valon is a New York-based fintech rebuilding the plumbing of the U.S. mortgage industry. Through ValonOS, a modern end-to-end servicing platform built in-house, it replaces decades-old legacy software with a single integrated system and is layering in AI agents that make auditable decisions in a highly regulated market. Founded in 2019, Valon has serviced more than $65 billion in mortgages, become the first fintech servicer licensed in all 50 states and approved by Fannie Mae, Freddie Mac and the FHA, and raised about $258 million in venture funding.
Andrew Wang is the co-founder and CEO of Valon, a New York fintech that rebuilt the plumbing of mortgage servicing from scratch. An engineer-turned-private-credit-investor who left a principal seat at Soros Fund Management, he set out to fix an industry still running on software from the 1960s-80s. Valon became the first new servicer to win Fannie Mae licensing on a proprietary system, now runs tens of billions in mortgages on its platform ValonOS, and raised a $100M Series C in October 2024 led by WestCap with Andreessen Horowitz.