BOCA RATON, Fla.– Black Dragon Capital℠ and the Cornerstone League said they have entered into a partnership. The league represents CUs in Arkansas, Kansas, Missouri, Oklahoma, and Texas.
Black Dragon Capital said it was founded over a decade ago by recognized financial technology leaders focused on “bringing innovative technologies to high-growth industry segments affected by digital disruption. The firm is led by a collaborative team which combines deep operational experience with a focus on community impact and a proven ability to transform and grow companies.”
Its founder and CEO, Louis Hernandez, Jr., also founded For A Bright Future Foundation, a 501(c)(3) nonprofit dedicated to supporting the needs of underrepresented and underprivileged children through education, healthcare, the arts, and youth leadership development.
‘Powerful Innovation Platform’
According to the organizations, the partnership creates a “powerful innovation platform for credit unions navigating rapid change. By combining Cornerstone League’s expansive member network with Black Dragon Capital’s operator-led investment model, credit unions gain earlier access to proven, next-generation fintech solutions designed specifically for cooperative financial institutions,” the organizations said.
Through the partnership, the organizations said the Cornerstone CU League will introduce Black Dragon’s Fintech expertise to its more than 600-member credit unions, “giving them the opportunity to transform their businesses and optimize their member service advantages.” Planned initiatives include leadership briefings, portfolio innovation sessions, educational content, and strategic forums designed to help credit unions navigate an increasingly complex financial and technology landscape.
