nCino
nCino is a cloud banking platform provider offering solutions across various banking sectors, utilized by over 1,850 financial institutions worldwide.
Company Overview
nCino is a financial technology company founded in 2011 by a team of bankers and entrepreneurs. The company's main product, the nCino Cloud Banking Platform, offers a secure cloud-based solution that spans across various business lines, including commercial banking, consumer banking, mortgage suite, and treasury management. nCino focuses on customer service and product innovation, and has more than 1,650 employees worldwide. In 2020, nCino started trading on Nasdaq under the ticker symbol NCNO.
Products and Solutions
nCino offers a wide variety of solutions as part of its Cloud Banking Platform. This includes commercial banking, consumer banking, small business banking, mortgage suite, and treasury management. Notable solutions on the platform include Global Mortgage Solutions, Consumer Deposit Account Opening, Commercial Pricing & Profitability, and Automated Spreading, all powered by nIQ. Each solution aims to improve efficiency and user experience through capabilities like AI-powered underwriting, actionable business intelligence, and automated processes.
Global Adoption
More than 1,850 financial institutions worldwide utilize the nCino Cloud Banking Platform. The platform has proven successful in enhancing operational efficiency, evidenced by a 54% faster commercial loan origination and a 12% increase in account opening rates. nCino collaborates with a global ecosystem of partners, including system integrators, consulting partners, and technology partners, to support its extensive customer base.
Industry Recognition
nCino has received multiple accolades for its contributions to financial technology. The company was named the No. 1 'Best Place to Work in Financial Technology' by American Banker and earned a spot on Forbes Cloud 100 for two consecutive years. In 2024, nCino received a Silver Stevie Award for Customer Service Department of the Year. These recognitions underscore nCino's commitment to excellent customer service and continuous product innovation.
Founders and Initial Team
nCino was founded in 2011 by a group of bankers and entrepreneurs. The team aimed to address the inefficiencies in the banking sector by developing a robust, cloud-based platform. Leveraging their industry expertise, the founders built out the nCino Cloud Banking Platform to streamline processes across various banking functions, ultimately contributing to the company's growth and success in the financial technology market.