AltaOne Joins Leading Credit Unions Committed to Finding Innovative Solutions Through a Collaborative Partnership with Black Dragon Capital℠
BOCA RATON, Fla., May 12, 2025 -- Black Dragon CapitalSM, a multi-phased investment firm that is led by recognized leaders in financial technology and credit unions who understand the unique needs of this market, has announced their partnership with AltaOne Federal Credit Union.
Founded over a decade ago by recognized financial technology and credit union leaders, Black Dragon CapitalSM 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 ability of transforming and growing companies.
AltaOne Federal Credit Union is a member-owned, not-for-profit financial cooperative serving families and businesses across Kern, Inyo, Mono, and San Bernardino counties. For over 78 years, the Credit Union has been dedicated to enhancing the financial well-being of its community by offering a broad spectrum of products and services to meet its members' evolving needs.
After a thorough due diligence process, AltaOne Federal Credit Union has committed to a strategic partnership with Black Dragon CapitalSM which aims to address the significant business and competitive issues created by the ongoing digitization of financial services. Through this collaboration, Black Dragon CapitalSM and AltaOne Federal Credit Union hope to become part of the solution to the unique needs of the community by creating and scaling financial technology companies that can help credit unions transform their business and regain their member service advantage.
AltaOne joins a growing list of the most innovative Credit Unions in the industry who have partnered with Black Dragon CapitalSM to reshape our community. They will collaborate with the Black Dragon Capital℠ team to leverage the firm's global reach and technology-driven expertise, with the main objective of delivering innovative solutions dedicated to empowering credit unions so that they can thrive in a rapidly evolving digital landscape.
"This partnership is about more than just transactions; it's about building relationships and empowering communities. We are excited to join the leading credit unions who have committed to strategic partnerships with Black Dragon CapitalSM driven by the shared vision for a more collaborative and inclusive future of finance," said Stephanie Sievers, CEO, AltaOne Federal Credit Union. "We are excited to unlock new possibilities with this partnership, and we are optimistic that it will result in the creation of innovative solutions that will not only differentiate us in the marketplace but also allow us to better serve our members."
The Black Dragon CapitalSM team's insights on operations, combined with their deep experience in cutting-edge technology puts them in a place to deliver competitive advantages for their portfolio companies and founders. Through intense research on the competitors and markets, they have honed their prowess in identifying scalable solutions and helping founders accelerate growth by cutting through competition.
"We are excited to collaborate with AltaOne through this strategic partnership. We have witnessed firsthand the challenges faced by our industry and we genuinely believe that collaboration is the best way to innovate and empower CFIs and CUSOs to compete and thrive in the rapidly evolving FinTech landscape," said Louis Hernandez Jr., Founder and CEO, Black Dragon Capital.
"The future of finance is digital. We believe technology can empower communities and this partnership with AltaOne is a testament to our commitment towards providing CFIs and CUSOs with the tools they need to thrive in the digital age," said Benson Porter, Senior Advisor, Black Dragon Capital.
About Black Dragon CapitalSM
Black Dragon CapitalSM, 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.
About AltaOne Federal Credit Union
Founded in 1947, AltaOne is a member-owned, not-for-profit financial cooperative serving families and businesses across Kern, Inyo, Mono, and San Bernardino counties. AltaOne is dedicated to enhancing the financial well-being of its community by offering a broad array of financial solutions to meet its members' evolving needs.
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