The year-long partnership between Black Dragon Capital and AltaOne Federal Credit Union has culminated in further support for Veep Software, one of the firm’s fintech focused portfolio companies.
BOCA RATON, Fla., Sept. 8, 2026 /Prowly/ — AltaOne Federal Credit Union (“AltaOne”) and Veep Software (“Veep”) have entered into a strategic partnership following the implementation of AnyTimePay™, Veep Software’s AI-powered earned wage access solution, providing AltaOne’s members with responsible access to earned wages before payday directly through their trusted credit union.
Strategic Partnership Between AltaOne Federal Credit Union and Veep Prioritizes Financial Wellness
Veep Software’s AnyTimePay uses artificial intelligence to analyze member deposit behavior and assess risk, helping prevent over-advancement while promoting responsible usage. With AnyTimePay, AltaOne can offer a new option to help members bridge the timing gap between expenses and access to their next paycheck responsibly. By giving members access to wages they have already earned, AnyTimePay helps reduce financial stress, improve cash flow management, and provide a safer alternative to high-cost short-term liquidity options.
“AltaOne is exactly the kind of forward-thinking financial institution we built AnyTimePay for. They understand that the future of financial wellness is not just about offering more products. It is about showing up at the right moment, when members need access to liquidity and support. Their commitment to improving member financial well-being, combined with their decision to invest in Veep, is a powerful endorsement of both our technology and our mission. We are incredibly proud to partner with AltaOne as they bring responsible earned wage access to their members, and excited to have them join us as an investor as we continue building the future of financial wellness for banks, credit unions, and their communities,” said Drew Hyatt, CEO of Veep Software.
Success of Year-long Partnership Between Black Dragon Capital and AltaOne Federal Credit Union Culminates in Veep Software Investment
Founded over a decade ago by recognized financial technology and credit union leaders, Black Dragon Capital℠ is a multi-phased investment firm focused on disruptive technologies in growth-oriented industry segments high growth industry segments that strengthen economic stability within communities. The firm is led by a collaborative team with a combination of intense operating experience, community impact focus, and extensive operating experience supporting the growth and development of its portfolio companies.
AltaOne initially established a strategic partnership with Black Dragon Capital in 2025 to address the unique challenges of the credit union community caused by the ongoing digitization of financial services. The collaboration aims to create and scale financial technology companies that can help credit unions transform their business and regain their member service advantage.
Following a promising year of partnership, AltaOne found its investment in Veep Software to be the next logical step. The decision underscores their commitment to innovative financial wellness solutions that help members navigate everyday financial challenges and reflects its confidence in Veep’s leadership, technology, and long-term vision for helping financial institutions deliver modern financial wellness solutions.
“At AltaOne, we are always looking for innovative ways to strengthen the financial well-being of our members. Too often, financial stress is not about whether someone is responsible; it is about whether the timing of their income matches the timing of their obligations. A bill may be due today, while a paycheck arrives several days later. AnyTimePay helps members bridge that gap responsibly by giving them access to wages they have already earned. We believe this solution can reduce financial stress and help our members avoid costly alternatives,” said Stephanie Sievers, CEO AltaOne Federal Credit Union. “When we looked at the impact this solution could have on our members, we knew we wanted to do more than offer it. We wanted a seat at the table to help support its future. That’s why we chose to invest in Veep. It gives us the opportunity to champion innovation that aligns with our mission and helps ensure our members have access to tools that make their financial lives easier.”
“We have established strategic partnerships with credit unions like AltaOne specifically because Black Dragon Capital believes that collaboration will pave the best path forward for our industry,” said Louis Hernandez, Jr., Founder and CEO of Black Dragon Capital. “AltaOne’s investment in Veep is a huge milestone and we are excited to continue providing strategic partners like them value through the companies in our portfolio.”
Black Dragon Capital℠ remains committed to collaborating with future-forward credit unions who share the same vision of reshaping the community. The firm leverages its global reach and technology-driven expertise with the main objective of delivering innovative solutions dedicated to empowering credit unions so that they can thrive in a rapidly evolving digital landscape.
About Black Dragon Capital℠
Black Dragon Capital℠, founded over a decade ago by recognized financial technology leaders, is a multi-phased investment firm focused on disruptive technologies in high-growth industry segments that strengthen economic stability within communities. The firm is led by a collaborative team with a combination of intense operating experience, community impact focus, and a track record of transforming companies.
About AltaOne Federal Credit Union
AltaOne is a member-owned financial institution dedicated to improving financial well-being through innovative products, trusted guidance, and financial education. Serving Kern, Inyo, Mono, and Northern San Bernardino counties, AltaOne helps members navigate everyday financial challenges while building long-term financial confidence through solutions designed to support both immediate needs and future goals.
About Veep Software
Veep Software is an AI-powered financial technology company delivering next-generation financial wellness infrastructure for banks and credit unions. Its solutions help financial institutions provide responsible access to liquidity, strengthen engagement, support deposit relationships, and improve the financial well-being of members and customers. Built specifically for financial institutions, Veep combines artificial intelligence, embedded compliance, and risk management to help consumers access money they have already earned with the goal of reducing reliance on costly short-term alternatives.
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SOURCE Black Dragon Capital
