Black Dragon Capital™ Announces New FinTech Strategic Partnership with First Tech Federal Credit Union

Whats Happening:

Black Dragon Capital™, a multi-phased investment fund focused on disruptive technologies, has announced a strategic partnership with First Tech Federal Credit Union. The collaboration aims to create and scale financial technology companies that can help credit unions transform their business and regain their member service advantage in the face of ongoing digitization challenges.

Key Moves:

• Black Dragon Capital™ partners with First Tech Federal Credit Union

• Collaboration focuses on creating innovative fintech solutions for credit unions

• Partnership aims to address challenges created by digitization of financial services

By The Numbers:

• First Tech is a $17 billion institution

• First Tech serves over 700,000 members

• First Tech provides services to employees of leading tech companies like HP, Microsoft, Intel, Amazon, and Google

Key Quotes:

• "We believe that Black Dragon offers a unique, and value-driven model, that leverages the skills of proven operators and business folks in the selection of investment opportunities," - Greg Mitchell, President and CEO, First Tech Federal Credit Union

• "We are excited to work together with First Tech Federal Credit Union in finding technological solutions that will enable credit unions to thrive in this rapidly evolving landscape," - Louis Hernandez Jr., Founder and CEO, Black Dragon Capital

Bottom Line:

The partnership between Black Dragon Capital™ and First Tech Federal Credit Union represents a significant step towards addressing the digital challenges faced by credit unions. By leveraging Black Dragon's expertise in disruptive technologies and First Tech's industry knowledge, this collaboration has the potential to create innovative fintech solutions that could transform the credit union sector and enhance their competitiveness in serving their communities.

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