WILMINGTON, N.C.--(BUSINESS WIRE)--nCino, the leader in cloud banking, today announced it concluded 2015 with the addition of its 100th customer while more than doubling its year-over-year revenue. Other key results and notable highlights for the year are as follows:
- Attained strong organic growth among existing customers ranging in asset size from $150 million to $200 billion;
- Added new customers including Georgia Bank & Trust, Enterprise Bank & Trust, FNB Santa Fe and other financial institutions from across the U.S.;
- Entered into strategic partnerships with leading consulting firms Deloitte Digital and West Monroe to further accelerate innovation and business transformation for financial institutions; and
- Achieved numerous industry accolades including recognition as a Red Herring Top 100 North American Company and a Fintech Forward Company to Watch, as well as being named to Entrepreneur’s inaugural list of Top Company Cultures.
“Over the last year, nCino has achieved strong growth in all areas,” said Pierre Naudé, CEO of nCino. “Not only have we added a large number of new customers, we’ve also seen great momentum in expanding our existing relationships with new product offerings such as Treasury Management Onboarding. With more than 100 community and regional banks, credit unions and top tier national lenders now in our portfolio, the market is clearly validating the need for solutions like nCino to stay competitive and compliant while serving their customers effectively and efficiently. In addition, by strategically aligning with some of the largest system integrators in the world, we are continuing to drive innovation and execute on our mission of transforming financial services.”
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2015 also marked the most significant advancements to nCino’s Bank Operating System thus far, validating nCino’s movement to become a single, cloud-based, mobile platform for any financial institution to fulfill selling, onboarding and relationship management efficiently and in compliance with industry demands. Product enhancements include:
- New mobile-first user interface (UI) designed for untethered bank interactions;
- A comprehensive suite of treasury management sales and onboarding tools for bankers to support their business relationships more fully; and
- Customer Portal, a consumer-facing gateway creating a direct two-way dialogue between financial institutions and their customers throughout the loan lifecycle.
Naudé continued, “With major enhancements to our product offering in the fall, we have further expanded the scope of our Bank Operating System and how it can be applied across the enterprise. In 2016, we look forward to rolling out additional product offerings and enhancements while simultaneously growing our footprint with financial institutions across the U.S. and strengthening alliances with new and existing industry partners. Our outlook for 2016 is strong and as we enter our fourth year, nCino is proudly cementing our position as the leader in cloud banking.”
About nCino
nCino is the leader in cloud-based operating solutions for the financial services industry. Through its Bank Operating System, nCino leverages the power and security of the Salesforce platform to deliver a complete banking solution. Dedicated to transforming financial services through innovation, reputation and speed, nCino’s technology enables financial institutions of all sizes to expand market share, adapt to meet regulatory compliance, drive profitability and optimize operational transparency. Founded in 2012, nCino is headquartered in Wilmington, N.C. For more information, visit www.ncino.com and follow us on Twitter: @nCino.
