The lawyer who decided the invoice was the interesting part
Victor Lopez spends his days on the least romantic object in commerce: the unpaid bill. The follow-up email nobody wants to send. The deposit that lands a week late and quietly wrecks a payroll run. FlexPoint, the company he co-founded in 2022, exists to make that whole anxious ritual disappear. Its promise fits on a bumper sticker - "Payments made simple, cash flow made perfect" - and the entire business is an argument that those six words are worth a few hundred million dollars of market.
What makes the bet interesting is who is making it. Lopez did not come up through Stripe or a payments startup. He came up through law and private credit, two professions that train you to assume the worst about money before it moves. He spent his early career as an associate at Proskauer Rose, a global law firm, working on complex financial transactions. Then he crossed the table and became a Principal at Owl Rock Capital, the private-credit firm that later merged into the publicly traded Blue Owl. For the better part of a decade his job was to lend to and advise U.S. middle-market companies - to read the agreements, price the risk, and watch where the cash actually went.
"The MSP market is the gateway to the $2 trillion global SMB technology market. 80% of all SMB technology spend is delivered by partners."
That decade looking at small and mid-sized businesses from the lender's chair left him with a conviction most fintech founders arrive at the other way around. The interesting problem was not capital. It was plumbing. The businesses he funded were good at their work and bad at getting paid for it - manual invoicing, payments scattered across methods, reconciliation done by hand at the end of every month. So he teamed up with Alex Kushner, who became FlexPoint's CTO, and Sam Kushner, and pointed the company at one overlooked corner of the economy: managed service providers, the IT shops that quietly run technology for everybody else.
Why MSPs, of all things
It sounds narrow. Lopez argues it is the opposite. Managed service providers, in his telling, are the front door to a $2 trillion global market in small-business technology, because the partners are the ones who actually deliver and bill for most of that spend. Win the payments layer underneath the MSPs and you are not selling to one business at a time - you are riding a network that already has thousands of customer relationships built in. Foundry, the venture firm that led FlexPoint's Series A, described the company as "critical glue infrastructure" sitting between the software MSPs run and the accounting systems they reconcile into.
The product reflects the lender's instinct for detail. FlexPoint automates the path from invoice to deposit: branded client portals, custom AutoPay rules, passwordless checkout, automated reconciliation, and integrations into the tools these shops already live in - QuickBooks, Xero, ConnectWise, Autotask, HaloPSA. On top of the payments rail it offers working capital, so an MSP can take on a bigger client without waiting on slow receivables. It is a dual-sided machine: the MSP gets paid faster, the MSP's clients get a cleaner way to pay, and FlexPoint sits in the middle of both.
Payments made simple. Cash flow made perfect.
The numbers behind the calm
FlexPoint launched its platform in March 2023 and grew quickly. By 2025 it was processing payments for more than 40,000 businesses, with revenue climbing nearly fourfold year over year. In 2024 the company pulled together $35 million in combined debt and equity to fuel the payments business. Then, in May 2025, it announced a $12 million Series A led by Foundry Group, with Techstars, Haymaker Ventures, Garuda Ventures, Far Out Ventures and Cascade Seed Fund alongside - bringing total funding to roughly $19.5 million since launch. The introduction to Foundry came through Techstars, whose Boulder accelerator FlexPoint went through in 2022.
Read the investor notes and a pattern emerges that has little to do with payments and everything to do with temperament. Foundry pointed to the team's high-velocity, customer-obsessed approach and to a business model with real network effects. Those are polite venture words for something simpler: Lopez runs the company the way he once read contracts, with an eye for the clause everyone else skims.
What "partner-led" actually buys you
Most payments companies grow by knocking on doors one merchant at a time. FlexPoint's design avoids that math. A managed service provider already sits between dozens or hundreds of small businesses and the technology they depend on. When that provider adopts FlexPoint to bill its own clients, every one of those clients meets the platform without a separate sales pitch. The provider gets paid faster; its customers get a cleaner checkout; FlexPoint earns on the flow. Investors call the resulting pattern a network effect. In practice it means each new partner pulls a cluster of paying businesses in behind them, which is how a company founded in 2022 reaches more than 40,000 businesses by 2025 without an army of account executives.
It also explains the working-capital piece, which is where Lopez's lending background shows most clearly. An MSP that wants to land a larger enterprise client often cannot afford to wait sixty or ninety days for the receivable. FlexPoint can advance against that invoice, so the provider takes the deal now and collects later. Selling payment software is one business; understanding when and how to extend credit against a stream of receivables is another, and it is the one Lopez spent a decade learning at Owl Rock. The two fit together: the payments rail generates the data, and the data underwrites the capital.
The flashy layer of payments is crowded. The boring layer underneath is where the durable companies get built.
The company Foundry thinks it is backing
When Foundry wrote up its investment, it placed FlexPoint alongside names like AvidXchange and Wholesail - companies that turned unglamorous back-office payments into large, durable businesses. The thesis was not that FlexPoint had a clever checkout button, but that it was becoming infrastructure: the connective tissue between the platforms MSPs run their operations on and the accounting systems they reconcile into. Foundry praised a team it described as high-velocity, mission-driven and obsessed with its customers, and pointed to the long-term vision of FlexPoint as a back-office operating system for small and mid-sized businesses, not merely a payments tool.
That ambition is audible in how Lopez frames the mission. He has spoken about building financial products for the overlooked and underserved segments of the SMB market - the businesses too small for the attention of incumbents and too busy to build their own systems. Accounts receivable automation was simply the first wedge, the most acute pain his early customers felt. The roadmap the Series A funds points further: more product, a deeper partner program, and an expanding network of partner-led payments across the MSP ecosystem.
The customers tell the same story in plainer words. One partner, Loud & Clear, credited FlexPoint's working-capital solutions with letting it expand services to enterprise clients. Another praised the platform simply for being stable and reliable - the highest compliment a small business can pay the system that handles its money. None of it is loud. That seems to be the design. Lopez is not selling excitement; he is selling the absence of a particular kind of dread, the kind that arrives on the last Friday of the month when the deposits have not.
The throughline
There is a tidy version of this story where the finance guy spots a market and builds a tool. The truer version is that Lopez kept following the same thread - the gap between businesses that are good at their craft and the systems that decide whether they survive the month. He studied philosophy at UC Santa Cruz, took a law degree at Cornell, and spent years in rooms where money was abstract and enormous. FlexPoint is where the abstraction gets concrete: a same-day deposit, a reminder that sends itself, a small business owner who does not have to play collections agent on a Friday afternoon.
He likes the parts of fintech other founders find dull, and that is the point. The flashy layer of payments - the checkout buttons, the brand splashes - is crowded. The boring layer underneath, where reconciliation and working capital and partner economics live, is where the durable companies get built. Lopez is betting his second act on the unglamorous middle, and so far the businesses he is paying out have voted with their invoices.
Funding, stacked
Figures from public funding announcements. The 2024 raise combined debt and equity.