# Black Dragon Capital

> Black Dragon Capital is a Boca Raton-based, technology-focused private equity firm founded in 2013 by Louis Hernandez Jr. It makes control investments in businesses affected by digitization - especially fintech, payments, media technology and digital commerce - then works alongside management using an operating framework it calls the Black Dragon Toolkit. Its portfolio ranges from live-production supplier Grass Valley and commerce platform Naveo to teen-banking company GenAspire, while its record includes the 2021 sale of Payveris to Paymentus.

- **Founded:** 2013
- **Headquarters:** Boca Raton, United States
- **Founders:** Louis Hernandez Jr. (Founder, Chairman and CEO)
- **Team size:** LinkedIn lists 11-50 employees; supplied company data reports 66. The firm said it and its portfolio companies added 85 people during 2025.
- **Products:** Control and growth investments, Black Dragon Toolkit, Dragon Performance Group / One Dragon Services, FinTech Limited Partner Advisory Board
- **Notable:** Founded Payveris and helped grow the payments platform to more than 300 financial institutions and fintech customers before its 2021 sale to Paymentus., Completed the 2020 acquisition of live-media technology supplier Grass Valley from Belden., Announced a $386 million multi-form capital raise in 2021.

## Products & services

- **Control and growth investments** — Control-oriented private equity investments in mid-market and selected earlier-stage technology companies in fintech, digital payments, media technology, digital commerce and adjacent sectors.
- **Black Dragon Toolkit** — The firm’s proprietary collection of analytical tools, strategic concepts and operating processes for customer discovery, market assessment, product direction and execution inside portfolio companies.
- **Dragon Performance Group / One Dragon Services** — Dedicated operating resources that work with portfolio-company leadership on transformation, commercial execution and shared operational needs.
- **FinTech Limited Partner Advisory Board** — A group of credit unions and CUSO investment partners that provides industry feedback and strategic input on the firm’s fintech investments.

## Achievements

- Founded Payveris and helped grow the payments platform to more than 300 financial institutions and fintech customers before its 2021 sale to Paymentus.
- Completed the 2020 acquisition of live-media technology supplier Grass Valley from Belden.
- Announced a $386 million multi-form capital raise in 2021.
- Reported that Grass Valley completed a $220 million strategic recapitalization in 2024 and signed more than $70 million of strategic partnership agreements in the first half of that year.
- Acquired 100% of teen-banking platform Copper Banking, renamed GenAspire, with credit-union partners in 2025.
- Built a portfolio spanning fintech, media technology, commerce, personalized education and youth athletics.

## Latest updates

- **2024-09** — Black Dragon Capital, its investment-management affiliate and Louis Hernandez Jr. entered consent judgments with the SEC without admitting or denying the complaint’s allegations, except for limited bankruptcy purposes. The judgments imposed permanent injunctions and civil penalties; Hernandez’s judgment specified a $100,000 penalty.
- **2025-10** — The firm and credit-union partners acquired 100% of Copper Banking and relaunched it as GenAspire, focused on teen banking and financial education through credit unions and schools.
- **2025-12** — The firm said it expanded funds, investments and credit-union partnerships during 2025, while Black Dragon and portfolio companies hired 85 people across several countries.
- **2026** — The official portfolio added Dragon Pay, while the firm continued promoting a broader platform spanning fintech, media technology, education and youth development.

## Links

- Website: https://blackdragoncap.com/
- LinkedIn: https://www.linkedin.com/company/black-dragon-capital/
- Twitter/X: https://x.com/BlackDragonCap
- Facebook: https://www.facebook.com/pages/category/Investing-Service/Black-Dragon-Capital-LLC-114006754274141/

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Published by YesPress — https://yespress.io
Last updated: 2026-08-15