Announced
Completed
Synopsis
Black Dragon Capital, a multi-phased investment firm focused on disruptive technologies in high growth industry segments, completed the acquisition of GenAspire, a fintech company that partners with credit unions to help teens and young adults open their first bank accounts, learn financial literacy, and access user-friendly digital banking tools. Financial terms were not disclosed. "This first set of investments from our newest partnerships with leading credit unions represents the unique opportunity we have as a community to work together to solve critical problems for the industry. We acquired 100% of GenAspire, allowing us to shape the future of these organizations for the long term. Our One Dragon Services group is already hard at work with the management teams, and advisors to ensure the commercial success and that we drive community and economic value for our credit union investors and their members," Louis Hernandez Jr. Founder, Black Dragon Capitalâ„ Chairman and CEO.
Show Details & Financials
Did you work on this deal?
Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.
Claim DealAll rights reserved. Copyright © 2025 Datasite