PHILADELPHIA, PA & LOS ANGELES, CA NEW YORK, NY — Valor PayTech has received a strategic investment from funds managed by Lovell Minnick Partners (LMP), marking the company’s first institutional capital raise and signaling a major step forward for the fast-growing fintech firm.
The partnership will provide Valor with financial and operational support to expand its product ecosystem and enhance the payments experience for its network of merchants, independent software vendors (ISVs), independent sales organizations (ISOs), and channel partners.
“This new chapter with LMP opens up exciting opportunities for us to make strategic investments and acquisitions that will further strengthen our ecosystem,” said Eric Bernstein, CEO of Valor. “I’m proud to continue leading Valor with the same culture and vision that brought us here, now with added capital, strategic insight, and an aligned financial partner in LMP that believes in our mission. Together, we are well-positioned to drive even greater impact across the payments market.”
Founded in 2020, Valor operates from offices in Jericho, New York, and Chennai, India, and has quickly established itself as a disruptive player in the payments industry. Its integrated platform includes a payments gateway, virtual terminal, mobile app, CRM, and a suite of smart terminal solutions. The company also offers tools such as Valor Updater and Engage My Customer, supported by an extensive API infrastructure that enables more than 400 partners to deliver services to nearly 300,000 merchants.
“Valor’s ability to innovate quickly and serve a dynamic and diverse customer base makes it a standout company in the fintech space,” said Spencer Hurst, Principal at LMP. “We are excited to partner with the entire Valor team to support their next phase of growth.”
Bernstein will remain CEO and continue leading Valor’s operations as the company scales with LMP’s backing. The investment is expected to fuel continued innovation, potential acquisitions, and expansion initiatives, all while maintaining Valor’s independence and entrepreneurial culture.
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