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nCino Reports First Quarter Fiscal Year 2025 Financial Results

• Total Revenues of $128.1M, up 13% year-over-year • Subscription Revenues of $110.4M, up 13% year-over-year • GAAP Operating Margin of (3)%, up ~500 basis points year-over-year • Non-GAAP Operating Margin of 19%, up ~900 basis points year-over-year WILMINGTON, N.C., May 29 (Korea Bizwire) — nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the global financial services industry, today announced financial results for the [...]

M&T Bank Expands Use of nCino with Adoption of Continuous Credit Monitoring Solution Powered by Rich Data Co’s Explainable AI Platform

nCino’s Continuous Credit Monitoring Solution will help assess credit risks and monitor loan performance WILMINGTON, N.C., May 15, 2024 (Korea Bizwire) – nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the global financial services industry, today announced that M&T Bank Corporation (“M&T”) (NYSE:MTB) an existing and long-standing nCino customer, is expanding its use [...]

nCino Announces Timing of its First Quarter Fiscal Year 2025 Financial Results Conference Call

WILMINGTON, N.C., May 14, 2024 (Korea Bizwire) – nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the global financial services industry, will report financial results for its first quarter ended April 30, 2024, after the market close on Wednesday, May 29, 2024. nCino will host a conference call and webcast that day at 4:30 p.m. ET to discuss its [...]

Libro Credit Union Selects nCino to Empower Employees and Positively Impact Ontario Community

Top Ontario-based credit union to replace legacy platforms with nCino’s single platform for a more seamless user experience and streamlined lending operations TORONTO, April 30, 2024 (Korea Bizwire) – nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the global financial services industry, today announced that Libro Credit Union has selected nCino’s Cloud Banking Platform to empower its employees through [...]

Together Selects nCino to Revolutionise its Lending Business

U.K. property lender to leverage nCino’s cloud-based platform across core services LONDON, April 23, 2024 (Korea Bizwire) – nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the global financial services industry, today announced that Together, one of the UK’s leading property lenders, has selected nCino’s Cloud Banking Platform to revolutionise and future-proof its business. Together provides finance to [...]

nCino Unveils Latest Enhancements to its Consumer Banking Solution

Expanded omnichannel functionality delivers compelling proposition for banks and credit unions seeking to grow deposits, create efficiencies, and upgrade client and member experiences WILMINGTON, N.C, April 01, 2024 (Korea Bizwire) – nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the global financial services industry, today announced a series of enhancements to its Consumer Banking Solution. [...]

nCino Reports Fourth Quarter and Fiscal Year 2024 Financial Results

Q4 Total Revenues of $123.7M, up 13% year-over-year Fiscal Year 2024 Total Revenues of $476.5M, up 17% year-over-year Q4 Subscription Revenues of $107.5M, up 16% year-over-year Fiscal Year 2024 Subscription Revenues of $409.5M, up 19% year-over-year Company Announces Chief Revenue Officer Transition WILMINGTON, N.C., Mar. 26 (Korea Bizwire) — nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the global financial services industry, today announced financial results for the fourth [...]

nCino’s Single Platform Selected by Desjardins to Automate Loan Origination Process Through Machine Learning

North America’s largest cooperative financial group to leverage nCino’s automated spreading solution, powered by nIQ, to drive increased efficiency QUEBEC CITY, March 21, 2024 (Korea Bizwire) – nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the global financial services industry, today announced that the largest cooperative financial group in North America, Desjardins Group, will implement nCino’s Automated Spreading [...]

FirstBank Puerto Rico Selects nCino to Transform Commercial Lending Services

nCino to provide Puerto Rican bank with platform to deliver exceptional customer experiences and create new efficiencies across its commercial lending services from origination to portfolio management SAN JUAN, Puerto Rico, March 20, 2024 (Korea Bizwire) – nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the global financial services industry, today announced that FirstBank Puerto [...]

nCino to Acquire DocFox

Joint capabilities will simplify, automate, and drive efficiency across the onboarding and account opening experience for commercial and business banking Expands nCino’s solution to help financial institutions unify processes and serve clients end-to-end on a single platform WILMINGTON, N.C., March 18, 2024 (Korea Bizwire) – nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the global [...]