GenAspire selects OBS as the next generation core for the relaunch of the successful fintech formerly known as Copper Banking
BOCA RATON, Fla., Oct. 8, 2025 /PRNewswire/ -- Open Banking Solutions ("OBS") — an advanced, cloud-based core and digital banking solution designed to give community-based financial institutions a competitive edge in the rapidly evolving landscape — has announced its Partnership with GenAspire, the teen banking solution formerly known as Copper Banking.
GenAspire partners with Credit Unions to provide schools around the country access to innovative, hands-on tools that turn complex financial concepts into relatable, interactive experiences. Their team connects teens and young adults with their first bank account, meets them where they are at through digital banking services, provides them with financial literacy, and empowers them to dream big and achieve financial independence.
New Partnership to Benefit Credit Unions
Open Banking Solutions is led by the team that built community-focused financial solutions like the DNA Platform. These are fintech veterans who have proven experience in building successful solutions that have created positive impact within the industry.
Early this year, OBS also launched tailored digital services for Community Banking Institutions and Credit Unions.
With GenAspire selecting OBS as their next generation core platform, credit unions will now be able to operate more efficiently with a low-code, cloud-based, end-to-end core banking solution through OBS while optimizing their services to meet the needs of the next generation of members through GenAspire.
This partnership addresses two key pain points for the credit union industry: the diminishing number of members coming from the younger demographic and the reduced ability to innovate and grow due to the prevalence of legacy solutions that offer limited scalability.
Powered by Black Dragon Capital and Leading Credit Unions
Both OBS and GenAspire are companies within the portfolio of Black Dragon Capital℠, a unique multi-phased investment firm focused on disruptive technologies in high growth industry segments that strengthen economic stability within communities.
Led by veterans who have long been active members of the credit union community, the firm has recently partnered with multiple innovative credit unions and CUSOs with the goal of exploring advanced technology that can directly address the unique needs of the credit union movement.
This partnership between OBS and GenAspire has also benefited directly from Black Dragon's efforts as both companies have received their investment.
"GenAspire and Open Banking Solutions can help credit unions optimize their processes in two different, but complementary ways. We are excited for this partnership, and we look forward to unlocking new opportunities for credit unions to connect with their next generation of members," said Kenny Stivers, General Manager of GenAspire.
"We are very excited to partner with a company like GenAspire and its strong commitment towards empowering the younger generation through financial literacy and their state of the art high school banking technology. Together, we believe that we can address multiple pain points for credit unions, enabling them to provide their members with services better than ever before," said Joe Lockwood, CEO of Open Banking Solutions.
About Open Banking Solutions
Open Banking Solutions is an advanced, cloud-based core and digital banking solution designed to give community-based financial institutions a competitive edge in the rapidly evolving landscape. Launched in the US, in February 2023, the platform boasts a robust cloud core processor that can streamline workflows and scale with the businesses as they grow. Open Banking Solutions is a full featured core banking platform that includes integrated state-of-the-art digital banking, digital account opening of all product types, workflow engine, management dashboards and reporting, loan collections, G/Land Open Banking ready APIs. It can integrate with businesses through industry shattering flexible and commercially friendly contracts. This next generation full suite of solutions is built by a team of experts with over a century of experience serving community-based financial institutions.
About GenAspire
Originally founded by Copper Banking and recently acquired by Black Dragon Capital, GenAspire leverages a proven track record of success in the fintech space with a new-found vision for pioneering effective financial education in the next generation. GenAspire's program not only provides a world-class technical product and a nationally credited financial literacy curriculum but also introduces a trusted delivery system both for teens and their families to gain access to their first account with credit unions and local banks that care about their future success. Lastly, GenAspire follows a proven model of success which connects teens and young adults with their first bank account, meets them where they are at through digital banking services, provides them with financial literacy, and empowers them to dream big and achieve financial independence.
About Black Dragon Capital℠
Black Dragon Capital℠ (BDC), founded over a decade ago by recognized technology leaders, is a unique multi-phased investment firm focused on disruptive technologies in high growth industry segments that strengthen economic stability within communities. The firm was founded and led by a collaborative team of experienced entrepreneurs with intense operating experience, and a proven track record. They work closely with entrepreneurs to build market leading companies using their proprietary Black Dragon Toolkit℠, which is designed to drive operational value and returns.
Learn more at www.blackdragoncap.com
Media Contact or Inquiries:
Chris Wenning
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SOURCE Open Banking Solutions
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