Fintech Leaders

Valon's CEO Sold $100M Without a Sales Team. Now They're Building a Multi-Billion Mortgage Platform

Oct 28, 2025
In this engaging conversation, Andrew Wang, CEO of Valon and former sales founder, and Linda Du, COO with a rich background in tech and finance, share their journey in revolutionizing mortgage servicing. They discuss how Valon achieved over $100 million in revenue without a sales team by focusing on operational efficiency as their marketing strategy. They also delve into the challenges of startup licensing, the importance of hands-on early work, and the crucial pivot to AI integration that positions Valon for future growth amidst changing market dynamics.
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ANECDOTE

Lobby Vigil To Save License Application

  • Andrew physically waited in the New York DFS lobby to ensure their licensing package was received during COVID disruptions.
  • That hands-on persistence rescued a critical regulatory application deadline.
INSIGHT

Prove Software By Running The Operation

  • Valon built an operating servicer to prove their software's value rather than sell software first.
  • They ran two companies in parallel: an operating servicer and a software OS to create undeniable product-market fit.
INSIGHT

Founder-Led Sales Fueled Adoption

  • Valon's go-to-market was founder-led: founders sold by demonstrating operating results, not marketing.
  • They built a deployment organization focused on delivering value rather than traditional sales motions.
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