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Black Dragon Capital℠ to Attend America’s Credit Unions GAC 2025 with Portfolio Companies Open Banking Solutions, PayOnward, and Veep

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Recognized FinTech and Credit Union Leaders and Advisors associated with Black Dragon Capital will engage with Community and support Portfolio Companies.  

BOCA RATON, Fla., Feb. 25, 2025 /PRNewswire/ — Black Dragon Capital℠ (“Black Dragon”), a multi-phased investment firm focused on disruptive technologies in high growth industry segments, has announced its attendance to the annual America’s Credit Unions Governmental Affairs Conference (GAC) happening in Washington DC. Through its participation, the firm intends to continue its consistent support of the fintech and credit union communities. Black Dragon will also be joined by its portfolio companies Open Banking Solutions, PayOnward, and Veep Software.

Black Dragon Capital℠ has a long history of creating and investing in market leading FinTech companies. Its unique, operations-led approach that combines deep domain expertise with their proprietary Black Dragon Toolkit℠ to enhance company performance, and a global network of professionals who we believe have extensive industry, operational, and investment success has been instrumental to the firm’s consistent track record of performance.

This year, the firm will continue showing support for the credit union community through its participation in GAC 2025. Joining them will be Black Dragon Capital advisors and portfolio company leaders Joe Lockwood, CEO of Open Banking Solutions; Cary Strange, CEO of PayOnward; and Drew Hyatt, CEO of Veep Software.  Each represents the type of investment and leadership that has been the hallmark of the firm.  Leaders with a strong track record of success and building market shaping technologies. 

Black Dragon Capital℠ will participate in a variety of events including:

Selected events hosted by Filene Research InstituteNational Credit Union Association Foundation Herb Wegner Awards EventSelected private events hosted by Industry Advisors CU2.0Invitation Only Cocktail Event hosted by Black Dragon Capital℠Private advance discussion of Louis Hernandez Jr’s upcoming fourth book, Digital Tsunami, will be previewed to a select audience.Private meetings with key committed partners and credit union leaders associated with Black Dragon Capital.Key GAC leadership eventsHosting a Black Dragon Capital Technology “Whisper Suite” where selected advanced technologies serving the credit union movement, will be demonstrated to a private audience.

Representatives include Louis Hernandez, Jr., who has built a career creating solutions to benefit members of the credit union community.  He was the Chairman and CEO of Open Solutions when the company created and designed the revolutionary DNA Core system which reshaped the industry decades ago. Hernandez also created the rapidly growing payments platform Payveris before founding the multi-phased investment firm Black Dragon Capital℠ which has a unique, operationally led model that has led to success in working with communities and providing above market returns.

Benson Porter, a Black Dragon Capital Senior Advisor collaborating on the firm’s FinTech Investment strategy, is the former CEO of BECU and First Tech Credit Union. A highly regarded credit union and financial services leader, Mr. Porter has assembled the most recognized credit union leaders and committed investors to help reshape the credit union landscape to drive better service to the community and high returns to invest in the community.

“For decades, the leaders behind Black Dragon Capital℠ have been deeply committed to helping credit unions remain a vital component of the U.S. financial services landscape. We believe that collaboration between innovative credit union leaders and advanced technology partners is a crucial step to creating new solutions to address some of our industry’s biggest challenges,” said Benson Porter, Black Dragon Capital℠ Senior Advisor. “Our team is excited to attend events like GAC 2025 and get the chance to have meaningful discussions with the members of our industry.”

“After over thirty years in the core banking industry, I have seen the banking and financial services landscape change. Having had the opportunity to work on the DNA core system with Louis in the past, I am confident in Black Dragon’s vision of helping credit unions through creating innovative solutions. OBS is excited to have support from Black Dragon Capital℠,” said Joe Lockwood, CEO of Open Banking Solutions.

Black Dragon Capital℠ further proves their dedication to address the unique needs of the credit union market through their strong presence at GAC 2025, where they can share their insights as well as engage in meaningful conversations with the members of the credit union industry.

“It’s been my honor to serve the credit union community for decades. Black Dragon Capital℠ is privileged to have so many recognized credit union and financial technology leaders join our cause.  We look forward to continuing collaborating with the community to navigate the next phase of our industry.  Working together, we are excited to lead the new digital era,” said Louis Hernandez, Jr., Black Dragon Capital℠ CEO and Founder.

About Black Dragon Capital℠

Black Dragon Capital℠, founded over a decade ago by recognized financial technology and Credit Union 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 proven track record of successful investing.

Media Contact or Inquiries:

Stephy Wilson
Senior Marketing Manager, Black Dragon Capital
swilson@blackdragoncap.com

Aren Wong
Social Media Manager, Black Dragon Capital
awong@blackdragoncap.com

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SOURCE Black Dragon Capital

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Hexagon Interim Report 1 January – 31 March 2026

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STOCKHOLM, April 23, 2026 /PRNewswire/ —

First quarter 2026

Continuing operations

Operating net sales of 963.8 (961.5) resulting in organic growth of 8%Net sales including acquired deferred revenue amounted to 963.6 MEUR (961.5)Adjusted gross earnings of 606.3 (619.1) resulting in a 62.9% (64.4) gross marginAdjusted operating earnings (EBIT1) of 251.3 MEUR (248.7) resulting in a 26.1% (25.9) EBIT1 marginAdjusted earnings per share of 6.7 Euro cent (6.5)Earnings per share of 58.4 Euro cent (5.0)Cash conversion of 77% (60)Recurring revenue of 289.9 MEUR (308.0), 6% organic growthOctave reported operating net sales of 327.2 MEUR (361.3) and adjusted operating margin of 25.2% (26.6)Adjusted earnings per share including discontinued operations of 9.1 (9.4)Earnings per share including discontinued operations of 59.9 Euro cent (7.0)

For further information, please contact:
Tom Hull, Head of Investor Relations, +44 (0) 7442 678 437, ir@hexagon.com
Anton Heikenström, Investor Relations Manager, +46 8 601 26 26, ir@hexagon.com

This is information that Hexagon AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 08:00 CET on 23 April 2026.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/hexagon/r/hexagon-interim-report-1-january—31-march-2026,c4338783

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View original content:https://www.prnewswire.com/news-releases/hexagon-interim-report-1-january—31-march-2026-302751432.html

SOURCE Hexagon

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Dragonpass Empowers Financial Institutions with End-to-End Loyalty Solutions at Money20/20 Asia

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BANGKOK, April 23, 2026 /PRNewswire/ — Dragonpass, a leading global travel and lifestyle platform, participated in Money20/20 Asia, showcasing its customer loyalty solutions for banks, payment providers, credit card issuers, and fintech companies across APAC and globally.

As one of the most influential fintech events worldwide, Money20/20 Asia gathers decision-makers across the financial ecosystem. At the event, Dragonpass demonstrated how financial institutions can enhance customer engagement and build long-term loyalty through integrated travel and lifestyle experiences.

Established in 2005, Dragonpass has evolved from a lounge provider into a loyalty solutions partner, serving more than 800 global clients and over 40 million members worldwide.

At the core of Dragonpass is a business structure that combines global supply aggregation, a technology-enabled engagement platform, and consumer-facing lifestyle services — providing a one-stop solution across the customer lifecycle.

Leveraging data-driven insights, Dragonpass enables partners to design and optimise loyalty programs, incorporating customer segmentation and tiered incentive structures, alongside curated campaigns and entitlement configuration — driving more effective customer activation, engagement, and retention.

Its offering includes a broad portfolio of travel and lifestyle benefits such as airport lounge access, fast-track, dining, airport transfers, and lifestyle experiences. These are supported by flexible delivery models, including API integration, white-label solutions, and ready-to-deploy digital platforms, enabling seamless integration into clients’ customer journeys.

As customer expectations evolve, the industry is shifting from standardized benefits to more personalized, experience-led loyalty models. Insights from Dragonpass’s Loyalty Index show that customers increasingly value trust, rewards, simplicity, recognition, and exclusivity, with preferences varying across markets.

“Financial institutions today are looking for more effective ways to engage customers beyond traditional rewards,” said Jane Zhu, Co-founder and CEO of Dragonpass. “User engagement is at the core of loyalty, and technology — especially AI — plays a key role in enabling deeper and more relevant customer connections.”

Dragonpass works with leading global brands including Mastercard, Visa, HSBC, and Revolut, supporting them deliver differentiated value propositions and enhance customer engagement through scalable, customizable solutions.

Through its participation at Money20/20 Asia, Dragonpass aims to strengthen its presence in the APAC market and build strategic partnerships with organizations seeking to elevate their customer engagement strategies.

About Dragonpass

Dragonpass is a global travel and lifestyle platform providing premium airport and travel experiences across 140+ countries. By integrating global supply and technology, Dragonpass enables partners to deliver seamless, personalized experiences and drive customer loyalty.

Media Contact

Dragonpass PR
Email: brandmarketing@dragonpass.com
Website: www.dragonpass.com

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/dragonpass-empowers-financial-institutions-with-end-to-end-loyalty-solutions-at-money2020-asia-302751442.html

SOURCE Dragonpass

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SBI Life Insurance registers New Business Premium of ₹42,551 crores for the year ended on 31st March, 2026

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MUMBAI, India, April 23, 2026 /PRNewswire/ — SBI Life Insurance, one of the leading life insurers in the country registered a New Business Premium of ₹42,551 crores for the year ended on 31st March, 2026 vis-a-vis ₹35,577 crores for the year ended 31st March, 2025. Single premium has increased by 28% over the year ended on 31st March, 2025.

Establishing a clear focus on protection, SBI Life’s protection new business premium stood at ₹4,622 crores for the year ended 31st March, 2026, marking a growth of 13%. Protection Individual new business premium registered a growth of 23% and stood at ₹973 crores for the year ended 31st March, 2026. Individual New Business Premium stands at ₹29,783 crores with 13% growth over the year ended on 31st March, 2025.

SBI Life’s profit after tax stands at ₹2,470 crores for the year ended 31st March, 2026 with a growth of 2% over the year ended on 31st March, 2025.

The company’s solvency ratio continues to remain robust at 1.90 as on 31st March, 2026 as against the regulatory requirement of 1.50.

SBI Life’s AUM also continued to grow at 9% to ₹4,87,163 crores as on 31st March, 2026 from ₹4,48,039 crores as on 31st March, 2025, with the debt-equity mix of 62:38. 94% of the debt investments are in AAA and Sovereign instruments.

The company has a diversified distribution network of 3,58,506 trained insurance professionals and wide presence with 1,230 offices across the country, comprising of strong bancassurance channel, agency channel and others comprising of corporate agents, brokers, Point of Sale Persons (POS), insurance marketing firms, web aggregators and direct business.

Performance for the year ended March 31, 2026

Private Market leadership in Individual New Business Premium and Individual Rated Premium with market share of 25.5% & 22.9% respectively.Annualized Premium Equivalent (APE) stands at ₹ 24,266 crores with growth of 13%Individual New Business Sum Assured stands at ₹ 4,46,337 crores with 61% growthImprovement in 13M & 49M persistency by 53 bps & 107 bps respectivelyValue of New Business (VoNB) stands at ₹ 6,667 crores with growth of 12%VoNB Margin stands at 27.5%Indian Embedded value (IEV) stands at ₹ 80,791 crores with 15% growthProfit After Tax (PAT) stands at ₹ 2,470 crores with 2% growthOperating Return on Embedded Value stands at 19.7% Assets under Management stands at ₹ 4,87,163 crores with 9% growthRobust Solvency ratio of 1.90

Logo: https://mma.prnewswire.com/media/2672544/SBI_Life_25_Years_Logo.jpg

 

View original content:https://www.prnewswire.com/in/news-releases/sbi-life-insurance-registers-new-business-premium-of-42-551-crores-for-the-year-ended-on-31st-march-2026–302751447.html

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