Black Dragon Capital: Payveris partnership with Kony a boon for community banks and credit union customers

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Sep 10, 2018, 09:00 ET

MIAMI, Sept. 10, 2018 /PRNewswire/ -- Black Dragon Capital's Louis Hernandez Jr., founder of Payveris, the fastest-growing digital money-movement technology provider to financial institutions, said customers at community banks and credit unions are the true beneficiaries of Payveris' new strategic partnership with Kony DBX, a leading provider of digital banking technology.

"Customer intimacy and engagement are increasingly important as customer expectations are changing in our fast-paced digital world. Community based financial institutions must make their digital experience an increasing priority to compete in the market and better serve their communities. Simple, open and secure digital money movement platforms are driving engagement, growth and transaction volume. We at Black Dragon Capital commend Payveris for expanding these capabilities through its partnership with Kony DBX," said Hernandez, founder, managing director and chief executive officer of Black Dragon Capital, a private equity firm focused on growth investments.

Payveris, based in Cromwell, Conn., offers a single, cloud-based, highly secure digital payment platform that covers all forms of money movement, including bill payment and presentment, person-to-person transfers, account-to-account transfers, and integrated fraud monitoring, all from a single platform. Kony was the leader in providing pre-built, native and web applications along with a purpose-built digital banking platform for financial institutions.

"Together with Kony DBX, our digital money movement platform will evolve credit unions and community banks and give them control over faster and more secure payments and fund transfers 'anytime, anywhere, and on any device,'" said Ron Bergamesca, CEO at Payveris.

Black Dragon Capital is a private equity fund based in Miami with a focus 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 blackdragoncap.com.

Media Contact:
Melissa Lichtenheld, 305-372-1234
Wragg & Casas Strategic Communications
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SOURCE Black Dragon Capital