By adding new customers and selling additional services to existing clients, nCino grew revenue by 14 percent from a year ago, to $138.8 million, helping trim Q3 net loss to $5.3 million. Continue reading
Shares in the cloud banking solutions developer are down 14% after the company says the mortgage technology business it acquired for nearly $1 billion in 2022 has been a drag on growth but is expected to pick up. Continue reading
Since acquiring SimpleNexus for $933.6 million and rebranding the company, nCino has been signing new clients and cross-selling its new mortgage capabilities to existing customers. Continue reading
Deal provides cloud banking solutions provider, nCino, with an entry point to $4 billion U.S. point-of-sale mortgage market. Continue reading