BOCA RATON, Fla. — Black Dragon Capital℠, and investment firm that focuses on advanced technology and fintech, said it has formed a new strategic partnership with SESLOC Credit Union in San Luis Obispo, Calif.
Black Dragon Capital said the $1.2-billion SESLOC CU opted to enter into the alliance with Black Dragon Capital following a “rigorous due diligence process influenced by the tenured roster of finance, technology, and credit union experts leading the team at Black Dragon.”
Through this collaboration, the two organizations said they have agreed to work together towards the goal of creating and scaling fintech companies to optimize their member service advantages.
SESLOC Credit Union is now part of the Black Dragon FinTech Limited Partner Advisory Board (LPAB), an organization comprised of recognized credit union and CUSO investment partners that provides input on industry issues, feedback on operational and technical areas with potential and current investments, and shares strategic advice and direction on all Black Dragon Capital’s investments for fintech strategies, the company said.
‘Very Committed’
“SESLOC Credit Union is very committed to giving back to the members we serve through the innovative financial services we offer,” President and CEO Mike Quamma said in a statement. “We consider this partnership with Black Dragon a great step towards unlocking technology that will create positive change not just for our members but for the credit union industry as a whole.”
Added Louis Hernandez Jr., founder, chairman, and CEO of Black Dragon Capital, in a statement, “The Black Dragon team’s commitment to the credit union movement continues in 2026. SESLOC Credit Union shares our passion for giving back to the communities we serve, and we are excited to connect them with the tenured fintech professionals who can collaborate who can help them accomplish their goals through the most advanced technologies. We are ready to shape the future of the industry together and seek to create long-term value to its members.”
