# Louis Hernandez Jr.

> Louis Hernandez Jr. is the founder, chairman and CEO of Black Dragon Capital, a technology investment firm focused on financial technology, media technology and digital commerce. A former CEO of Open Solutions and Avid, founder of Payveris, executive chairman of Grass Valley and author of four books, he also founded For A Bright Future Foundation to support educational and youth opportunities.

- **Role:** Founder, Chairman and CEO at Black Dragon Capital
- **Organizations:** Black Dragon Capital, Grass Valley, For A Bright Future Foundation, Dragons Academy, Dragons Elite, Payveris, Open Solutions (former), Avid Technology (former), RoweCom (former)
- **Nationality:** American
- **Education:** Bachelor of Science in Business, San Diego State University, Master of Business Administration, San Diego State University
- **Known for:** Led Open Solutions from 1999 until its acquisition by Fiserv in January 2013., Founded Payveris, acquired by Paymentus for $152 million in 2021., Founded Black Dragon Capital in 2013.

## Career timeline

- **1990-1996** — Worked in the Business and Advisory Services Group at Price Waterhouse, according to HSBC’s 2007 annual report.
- **1997-1999** — Served as RoweCom CFO; also executive vice president from 1998.
- **1999** — Became Open Solutions CEO in November; became chairman in March 2000.
- **2007** — Ranked fifth in Bank Technology News’s Innovators list.
- **2011** — Founded Payveris and established the nonprofit that became For A Bright Future.
- **2013** — Fiserv acquired Open Solutions; Hernandez became Avid CEO and founded Black Dragon Capital.
- **2018** — Avid terminated his employment on February 26, citing violations of workplace-conduct policies following an investigation; he also resigned from its board.
- **2020** — Black Dragon Capital completed the acquisition of Grass Valley from Belden on July 2.
- **2021** — Paymentus acquired Payveris for $152 million.
- **2024** — Settled SEC registration and marketing-related charges without admitting or denying the allegations; final judgment was entered September 25.
- **2025** — Published Digital Tsunami; continued as Grass Valley executive chairman after Jon Wilson became CEO; received the IABM Visionary Leadership Award.

## Achievements

- Led Open Solutions from 1999 until its acquisition by Fiserv in January 2013.
- Founded Payveris, acquired by Paymentus for $152 million in 2021.
- Founded Black Dragon Capital in 2013.
- Led the investment firm that acquired Grass Valley in 2020.
- Received the 2025 IABM Impact Awards Visionary Leadership Award.
- Placed fifth in Bank Technology News’s 2007 Innovators ranking.
- Authored Too Small to Fail (2010), Saving the American Dream (2013), The Storyteller’s Dilemma (2017), and Digital Tsunami (2025).

## Latest updates

- **2026-06** — In a June 9 CUbroadcast interview at Origence Lending Tech Live, discussed AI, investment trends and collaborative partnerships for credit unions.
- **2026-04** — His foundation announced a $500,000 annual donation from Hernandez and a matching initiative ahead of its April 30 New York fundraising event.
- **2026-03** — Discussed Digital Tsunami, human needs and collaborative vendor relationships in a March 31 CUbroadcast interview.
- **2025-09** — Accepted IABM’s Visionary Leadership Award at IBC 2025.
- **2025-04** — Published Digital Tsunami and continued as Grass Valley executive chairman as Jon Wilson became CEO.

## Links

- Website: https://www.louishernandezjr.com/
- LinkedIn: https://www.linkedin.com/in/louishernandezjr/
- Twitter/X: https://twitter.com/lhernandezjr
- Instagram: https://www.instagram.com/lhernandezjr/
- Facebook: https://www.facebook.com/lohernandezjr/

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Profile page: https://yespress.io/louis-hernandez-jr
Published by YesPress — https://yespress.io
Last updated: 2026-10-21