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Black Dragon Capital℠ Completes Sale of Leading Cloud-Base Payment Solution Payveris

MIAMI, Aug. 11, 2021 via PR Newswire

Black Dragon Capital℠ (“BDC”, “Black Dragon℠”), a high-performing private equity firm founded and led by a diverse manager and team who have a track record of outstanding operating and investment success in growth sectors disrupted by digitization, announced today the sale of Payveris to Paymentus (NYSE: PAY), a leading provider of cloud-based bill payment technology and solutions for more than 1,300 billers across North America.

Payveris was founded in 2011 by Louis Hernandez Jr., Founder and CEO of Black Dragon Capital℠. Hernandez is an award-winning entrepreneur who brought in other sophisticated investors and a proven management team. Payveris has grown into a market-leading company that enables financial institutions to simplify and innovate their digital payments delivery systems while significantly reducing operating costs. Its cloud-based software platform allows customers of banks and credit unions to move their money using smartphones, personal computers, and other handheld technology almost instantly. More than 300 financial institutions and fintech companies use the platform…