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Black Dragon Capital℠ to Attend America's Credit Unions GAC 2025 with Portfolio Companies Open Banking Solutions, PayOnward, and Veep


News provided by

Black Dragon Capital

Feb 25, 2025, 12:23 ET

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Multi-phased investment firm Black Dragon Capital℠ will be joined by its portfolio companies Open Banking Solutions, PayOnward, and Veep Software at GAC 2025.
Multi-phased investment firm Black Dragon Capital℠ will be joined by its portfolio companies Open Banking Solutions, PayOnward, and Veep Software at GAC 2025.

Recognized FinTech and Credit Union Leaders and Advisors associated with Black Dragon Capital will engage with Community and support Portfolio Companies.  

BOCA RATON, Fla., Feb. 25, 2025 /PRNewswire/ -- Black Dragon Capital℠ ("Black Dragon"), a multi-phased investment firm focused on disruptive technologies in high growth industry segments, has announced its attendance to the annual America's Credit Unions Governmental Affairs Conference (GAC) happening in Washington DC. Through its participation, the firm intends to continue its consistent support of the fintech and credit union communities. Black Dragon will also be joined by its portfolio companies Open Banking Solutions, PayOnward, and Veep Software.

Black Dragon Capital℠ has a long history of creating and investing in market leading FinTech companies. Its unique, operations-led approach that combines deep domain expertise with their proprietary Black Dragon Toolkit℠ to enhance company performance, and a global network of professionals who we believe have extensive industry, operational, and investment success has been instrumental to the firm's consistent track record of performance.

This year, the firm will continue showing support for the credit union community through its participation in GAC 2025. Joining them will be Black Dragon Capital advisors and portfolio company leaders Joe Lockwood, CEO of Open Banking Solutions; Cary Strange, CEO of PayOnward; and Drew Hyatt, CEO of Veep Software.  Each represents the type of investment and leadership that has been the hallmark of the firm.  Leaders with a strong track record of success and building market shaping technologies. 

Black Dragon Capital℠ will participate in a variety of events including:

  • Selected events hosted by Filene Research Institute
  • National Credit Union Association Foundation Herb Wegner Awards Event
  • Selected private events hosted by Industry Advisors CU2.0
  • Invitation Only Cocktail Event hosted by Black Dragon Capital℠
  • Private advance discussion of Louis Hernandez Jr's upcoming fourth book, Digital Tsunami, will be previewed to a select audience.
  • Private meetings with key committed partners and credit union leaders associated with Black Dragon Capital.
  • Key GAC leadership events
  • Hosting a Black Dragon Capital Technology "Whisper Suite" where selected advanced technologies serving the credit union movement, will be demonstrated to a private audience.

Representatives include Louis Hernandez, Jr., who has built a career creating solutions to benefit members of the credit union community.  He was the Chairman and CEO of Open Solutions when the company created and designed the revolutionary DNA Core system which reshaped the industry decades ago. Hernandez also created the rapidly growing payments platform Payveris before founding the multi-phased investment firm Black Dragon Capital℠ which has a unique, operationally led model that has led to success in working with communities and providing above market returns.

Benson Porter, a Black Dragon Capital Senior Advisor collaborating on the firm's FinTech Investment strategy, is the former CEO of BECU and First Tech Credit Union. A highly regarded credit union and financial services leader, Mr. Porter has assembled the most recognized credit union leaders and committed investors to help reshape the credit union landscape to drive better service to the community and high returns to invest in the community.

"For decades, the leaders behind Black Dragon Capital℠ have been deeply committed to helping credit unions remain a vital component of the U.S. financial services landscape. We believe that collaboration between innovative credit union leaders and advanced technology partners is a crucial step to creating new solutions to address some of our industry's biggest challenges," said Benson Porter, Black Dragon Capital℠ Senior Advisor. "Our team is excited to attend events like GAC 2025 and get the chance to have meaningful discussions with the members of our industry."

"After over thirty years in the core banking industry, I have seen the banking and financial services landscape change. Having had the opportunity to work on the DNA core system with Louis in the past, I am confident in Black Dragon's vision of helping credit unions through creating innovative solutions. OBS is excited to have support from Black Dragon Capital℠," said Joe Lockwood, CEO of Open Banking Solutions.

Black Dragon Capital℠ further proves their dedication to address the unique needs of the credit union market through their strong presence at GAC 2025, where they can share their insights as well as engage in meaningful conversations with the members of the credit union industry.

"It's been my honor to serve the credit union community for decades. Black Dragon Capital℠ is privileged to have so many recognized credit union and financial technology leaders join our cause.  We look forward to continuing collaborating with the community to navigate the next phase of our industry.  Working together, we are excited to lead the new digital era," said Louis Hernandez, Jr., Black Dragon Capital℠ CEO and Founder.

About Black Dragon Capital℠

Black Dragon Capital℠, founded over a decade ago by recognized financial technology and Credit Union leaders, is a multi-phased investment firm focused on disruptive technologies in high growth industry segments that strengthen economic stability within communities. The firm is led by a collaborative team with a combination of intense operating experience, community impact focus, and a proven track record of successfully transforming companies.

Media Contact or Inquiries:

Stephy Wilson
Senior Marketing Manager, Black Dragon Capital
[email protected]

Aren Wong
Social Media Manager, Black Dragon Capital
[email protected]

SOURCE Black Dragon Capital

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