WILMINGTON, N.C.--(BUSINESS WIRE)--nCino, the worldwide leader in cloud banking, today announced its inclusion on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America.
Debuting at No. 189, nCino was recognized for its stellar year-over-year growth. Between 2013 and 2016, the evaluated period for 2017 Technology Fast 500 award winners, nCino grew its fiscal year revenue 562%. The company currently has more than 175 financial institution customers in multiple countries with assets ranging from $200 million to $2 trillion, including nine of the top 30 U.S. banks. The company has more than 400 employees, having added over 150 team members across product development & engineering, customer success, support and other core functions in 2017 alone.
Pierre Naudé, nCino’s chief executive officer, attributes nCino’s consistent growth to the company’s emphasis on collaboration, customer service and innovative problem solving. He said, “Making such a strong debut on this prestigious list is added validation that what we’re doing in this industry is really special, and it’s working. We believe our achievements in product development, user experience and customer service are defining the best-in-class standard for banking, and we will continue partnering with the industry’s leading financial institutions to move this standard forward.”
This latest industry recognition follows several other prestigious accolades for nCino in 2017, including earning a spot on the IDC Financial Insights FinTech Rankings and the Inc. 500 list of the Fastest-Growing Private Companies in America for the second consecutive year. The company also recently secured the top position in Aite Group’s global commercial loan origination vendor report. nCino’s wide industry acknowledgement can be credited to its Bank Operating System’s ability to flexibly scale and centralize key functions in a single, transparent and secure cloud-based environment. nCino continues to broaden the scope of how financial institutions can serve customers in a compliant manner through the platform while gaining new efficiencies to boost their profitability.
About Deloitte’s 2017 Technology Fast 500™
Deloitte’s Technology Fast 500 provides a ranking of the fastest growing technology, media, telecommunications, life sciences and energy tech companies — both public and private — in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2013 to 2016.
In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company's operating revenues. Companies must have base-year operating revenues of at least $50,000 USD, and current-year operating revenues of at least $5 million USD. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
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nCino is the worldwide leader in cloud banking. With its Bank Operating System, built on the Salesforce platform, financial institutions can deliver the speed and digital experience that customers expect, backed by the quality and transparency that bankers need. Follow @nCino or visit www.ncino.com.