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.