Ncino

Ncino

Cloud-based banking solutions for financial institutions

About Ncino

Simplify's Rating
Why Ncino is rated
B+
Rated B on Competitive Edge
Rated B on Growth Potential
Rated A on Differentiation

Industries

Fintech

Financial Services

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Wilmington, North Carolina

Founded

2012

Overview

nCino specializes in cloud-based banking solutions for financial institutions like banks and credit unions. Its main product, the nCino Bank Operating System, combines various banking functions such as loan origination, customer relationship management, and regulatory compliance into one platform. By using cloud technology, nCino helps banks streamline their operations, cut costs, and enhance customer experiences. The company operates on a subscription-based model, where clients pay a recurring fee for access to its software, along with additional fees for implementation and support services. This model provides a consistent revenue stream and allows for ongoing updates to the software. nCino has also expanded its offerings by acquiring SimpleNexus, which adds mobile mortgage technology to its suite. The company is known for its strong workplace culture, which contributes to its success and innovation in the financial technology sector.

Simplify Jobs

Simplify's Take

What believers are saying

  • Zions Bancorporation's adoption of nCino highlights demand for digital transformation in banking.
  • Sandbox Banking acquisition boosts nCino's integration capabilities and operational efficiency.
  • nCino's partnership with San ju San Bank expands its international presence in Japan.

What critics are saying

  • Slowing growth in cloud banking and mortgage markets may impact nCino's revenue.
  • Integration challenges from Sandbox Banking acquisition could strain nCino's resources.
  • Intensifying competition from companies like Fiserv threatens nCino's market share.

What makes Ncino unique

  • nCino offers a comprehensive cloud-based banking platform for financial institutions.
  • The acquisition of SimpleNexus enhances nCino's mobile-first mortgage technology capabilities.
  • nCino's SaaS model ensures continuous updates and improvements for clients.

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Funding

Total Funding

$1388.9M

Above

Industry Average

Funded Over

6 Rounds

Post IPO Equity funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Equity Funding Comparison
Coming Soon

Benefits

Remote Work Options

Professional Development Budget

Flexible Work Hours

Growth & Insights and Company News

Headcount

6 month growth

1%

1 year growth

2%

2 year growth

1%
FF News
Apr 15th, 2025
Zions Bancorporation to Implement nCino Platform and Intelligent Solutions as the Technology Foundation of its Lending End-to-End Process Transformation

nCino, Inc. (NASDAQ: NCNO), the leading provider of intelligent, best-in-class banking solutions, today announced that Zions Bancorporation has selected nCino as its technology platform as they digitally transform their loan origination process.

PYMNTS
Apr 4th, 2025
Fintech Ipo Index Plunges 11.7% Amid Broad-Based Market Rout

There was nowhere to run this week for investors seeking to escape a market rout that came on like a tidal wave, crashing down Thursday.   Tariffs, of course, dominated, and once they were real, as of Wednesday night, the stage was set for a plunge Thursday that’s not been seen in years. Investors fled [] The post FinTech IPO Index Plunges 11.7% Amid Broad-Based Market Rout appeared first on PYMNTS.com.

Bank Automation News
Apr 2nd, 2025
Digital banking transactions: Republic selects Fiserv's DNA platform

The $1.8 billion Credit Union 1 has selected fintech nCino to provide a unified digital experience across its commercial, consumer and indirect lending businesses.

PYMNTS
Apr 2nd, 2025
Ncino Shares Slump Amid Slowing Growth In Cloud Banking And Mortgage Markets

nCino shares slumped in after hours trading Tuesday (April 1) in the wake of guidance that anticipates slowing growth in the core cloud banking segments and mortgage markets, though a reacceleration is envisioned for fiscal year 2027. Investor materials detailed that looking ahead, in the current fiscal year (2026) first quarter, top-line growth should be [] The post nCino Shares Slump Amid Slowing Growth in Cloud Banking and Mortgage Markets appeared first on PYMNTS.com.

PYMNTS
Mar 28th, 2025
Fintech Ipo Index Slips 1.3% As Huize Sinks After Earnings

FinTech IPO Index names were mostly in the red this past week, and the companies that did manage to post gains barely made it out of the low single-digit percentages. The majority of the headlines through the last several days were centered on partnerships tied to platforms, including buy now pay later, card issuing and banking initiatives. Insurance solutions firm Huize led the slide, down by nearly 16% through the past five sessions. Huize’s shares plummeted on the heels of its earnings report. The company’s investor materials revealed that gross written premiums facilitated across the company’s platform were the equivalent of $142.9 million in the fourth quarter of 2024, a decrease of 16.2% year over year. Renewal premiums accounted for 46.5% of total written premiums a decrease of 41.3% from the year ago period

Recently Posted Jobs

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Business Development Representative

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Technical Product Manager-Sandbox Banking

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Ncino is Hiring for 18 Jobs on Simplify!

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Ncino is Hiring for 18 Jobs on Simplify!

Find jobs on Simplify and start your career today

💡
We update Ncino's jobs every few hours, so check again soon! Browse all jobs →

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