New Alliance Seeks to Create Sustainable Technologies to Address the Unique Needs of Credit Unions
Multi-phased investment firm Black Dragon Capital℠, which focuses on technology that can impact industries, has announced their strategic partnership with Origence, one of the largest lending organizations catering to credit unions in the country.
Black Dragon Capital℠ was founded over a decade ago by recognized financial technology leaders focused on bringing innovative technologies to high-growth industry segments affected by digital disruption. The firm is led by a collaborative team that combines deep operational experience with a focus on community impact and a proven ability to transform and grow companies.
Established in 1994, Origence is a credit union service organization that has helped thousands of credit unions process over 97 million applications, including 8.6 million in 2024. Since their inception, they have funded a loan volume of over $600 billion to credit unions ¹. Origence provides lending technology solutions for indirect lending, loan and account origination, auto shopping, marketing automation, lending operations, and more.
Origence decided to enter a strategic partnership with Black Dragon Capital℠ after an intensive due diligence process influenced by the tenured roster of finance, technology, and credit union experts leading the team at Black Dragon. The depth of the firm’s domain experience and track record led Origence to the conclusion that they are the ideal partner in pursuing the goal of addressing the significant business and competitive issues created by the ongoing digitization of financial services.
Through this collaboration, Black Dragon Capital℠ and Origence hope to create and scale financial technology companies that can help credit unions transform their business and optimize their member service advantage.
Origence joins a growing list of the most innovative Credit Unions and CUSOs in the industry who have partnered with Black Dragon Capital℠ to reshape our community. They will work with the Black Dragon Capital℠ team to leverage the firm’s global reach and technology-driven expertise, pursuing the main objective of delivering innovative solutions dedicated to empowering credit unions to thrive in a rapidly evolving digital landscape.
“We live in rapidly changing times,” said Tony Boutelle, President and CEO, Origence. “As the fintech landscape continues to evolve, we are excited to be working with the experienced finance and technology leaders behind Black Dragon Capital in unlocking the latest technologies that can transform credit unions and allow them to continue providing top-notch service to their members.”
The Black Dragon Capital℠ 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 intensive research on competitors and markets, they have refined their expertise in identifying scalable solutions and helping founders accelerate growth by cutting through the competition.
“Like Origence, our team here at Black Dragon is deeply committed to empowering credit unions so that they can continue to deliver top-notch services to their members. With this shared objective in mind, we reach out to credit unions and organizations like Origence who exist to support them with the unique opportunity to partner with our team of experienced fintech professionals – all of whom have deep domain expertise in the financial industry and a proven ability to transform and growing companies,” said Louis Hernandez Jr., Founder and CEO, Black Dragon Capital. “We know that we can create impactful solutions for credit unions and their communities, and we’re excited to work together with Origence on this shared goal.”