Black Dragon Capital, a multi-phased global investment partner that focuses on advanced technology that addresses the most significant issues industries face, has invested in Open Banking Solutions and PayOnward, two fintechs aimed at modernizing credit unions and community-based financial institutions by replacing outdated, costly infrastructure. Open Banking Solutions offers a cloud-based core and digital banking platform launched in 2023, designed to streamline workflows, reduce vendor dependency, and scale with institutions, while PayOnward provides an AI-driven digital payments platform. Led by veteran fintech executives with experience in systems like the DNA Core and Payveris, these ventures are positioned to give credit unions greater efficiency, innovation capacity, and competitive strength in an industry historically constrained by legacy providers.
Black Dragon Capital℠ Invests in Open Banking Solutions and PayOnward, FinTechs Tailored to Drive Innovation and Eliminate Obsolete Infrastructure for Credit Unions