Black Dragon Capital names financial technology expert to advisory board

Expansion continues for growth-oriented private equity firm

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Sep 24, 2018, 17:13 ET

MIAMI, Sept. 24, 2018 /PRNewswire/ -- Black Dragon Capital announced today the appointment of Santo Cannone, a recognized expert in financial technology to the private equity firm's advisory board. He joins a group of proven operational executives reinforcing the firm's unique approach to investing.

"It's an honor to welcome Santo Cannone to the Black Dragon Capital advisory board. He is a well-recognized industry leader having worked with almost every major financial technology player over his award-winning career. I had the pleasure of working with Santo since our days together at Open Solutions, and I appreciate his deep understanding and expertise for financial technology, product development and strategy, and client relations. His advice will be invaluable as we seek to build great fintech companies following the Black Dragon methodology as we work closely with other entrepreneurs to accelerate growth and profit at their companies," said Louis Hernandez Jr., managing director at Black Dragon Capital.

Cannone was chief product officer for FiServ Credit Union Solutions, which he joined through the acquisition of Open Solutions, where he was senior vice president of global sales. Earlier he served as chief operating officer for ConnectWise, senior vice president of real-time systems with FIS, and several management and development positions with EDS and USERS Incorporated.

"Technology is having an increasing impact on the financial services landscape. Financial services firms must focus on remaining relevant as digital innovation continues to disrupt the marketplace. I'm eager to help Black Dragon work with innovative companies leading the way for the industry's transition," Cannone said.

Black Dragon Capital is a private equity firm focused on growth investments, particularly in digital commerce, financial services and media technologies. Black Dragon's team of industry professionals have significant operational experience, strong financial backgrounds, proven track records of success and investment experience, ranging from startups to billion-dollar organizations in both public and private vehicles. The company leverages its network expertise and deep domain knowledge to assist in accelerating growth and profits in selected markets – all while working closely with entrepreneurs. Learn more at www.blackdragoncap.com.

Contact: Melissa Lichtenheld, 305-372-1234
Wragg & Casas Strategic Communications
[email protected]

SOURCE Black Dragon Capital