NCino

Avidia Bank Implements Nexus Closing by SimpleNexus to Provide Customers the Convenience of a Modern Closing Experience

Retrieved on: 
Wednesday, February 22, 2023
Nexus, Avidia Bank, Eclose, CRA, E-sign, Sale, NCino, Bank, Cryptocurrency, LEHI

A mutual savings bank with $2.3 billion in assets under management, Avidia Bank provides financial services to Massachusetts communities across eight branch locations.

Key Points: 
  • A mutual savings bank with $2.3 billion in assets under management, Avidia Bank provides financial services to Massachusetts communities across eight branch locations.
  • Leading with its Honest to Goodness® brand promise, Avidia Bank seeks to provide customers with efficient financial solutions and exceptional customer service.
  • Nexus Closing is a comprehensive closing solution with the flexibility to support traditional, hybrid and fully remote eClosings.
  • Since implementing Nexus Closing to support hybrid closings, nearly all Avidia Bank borrowers have opted to review and eSign closing documents that do not require notarization before the closing ceremony.

nCino Announces Timing of its Fourth Quarter and Fiscal Year 2023 Financial Results Conference Call

Retrieved on: 
Tuesday, February 14, 2023
NCino, Cryptocurrency, Phonograph record

WILMINGTON, N.C., Feb. 14, 2023 (GLOBE NEWSWIRE) -- nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the global financial services industry, will report financial results for its fourth quarter and fiscal year ended January 31, 2023, after the market close on Tuesday, March 28, 2023. nCino will host a conference call and webcast that day at 4:30 p.m.

Key Points: 
  • WILMINGTON, N.C., Feb. 14, 2023 (GLOBE NEWSWIRE) -- nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the global financial services industry, will report financial results for its fourth quarter and fiscal year ended January 31, 2023, after the market close on Tuesday, March 28, 2023. nCino will host a conference call and webcast that day at 4:30 p.m.
  • ET to discuss its financial results.
  • Replay: A webcast replay will be available on the Investor Relations section of nCino’s website following the call.

Bessemer Venture Partners Acquires Majority Stake in Litify as Legal Tech Company Achieves Profitability

Retrieved on: 
Thursday, February 9, 2023
Legal, Technology, Other Technology, Business, Professional Services, Small Business, Software, Networks, Data Management, Software as a service, NCino, Salesforce, Growth, Morgan & Morgan, Cryptocurrency, Ehretia anacua, Shopify, Procore, Toast

Litify , the best-in-class end-to-end legal operating platform, announced today that Bessemer Venture Partners has acquired a majority stake in the company as it achieves profitability and continues its next phase of growth.

Key Points: 
  • Litify , the best-in-class end-to-end legal operating platform, announced today that Bessemer Venture Partners has acquired a majority stake in the company as it achieves profitability and continues its next phase of growth.
  • Bessemer has a long history of investing in industry-defining software companies including Procore, ServiceTitan, Shopify, Toast, nCino, and Vlocity.
  • “Litify stands out as the legal technology player that is uniquely positioned to transform legal business operations at its core,” Feinstein said.
  • “We are grateful for this exciting milestone and thrilled to see our company take this exciting next step with Bessemer,” said Litify Founders John Morgan and Reuven Moskowitz.

Unite Us Names David Rudow as Chief Financial Officer

Retrieved on: 
Wednesday, February 15, 2023
CFO, The University of Chicago Hong Kong, Champaign–Urbana metropolitan area, Faith Divides Us – Death Unites Us, NCino, Entrepreneurship, Business, Accounting, University, Senior, Health, University of Chicago Booth School of Business, Certified Public Accountant, KPMG, Air force, Rudow, Partnership, PwC, Management

NEW YORK, Feb. 15, 2023 /PRNewswire/ -- Unite Us, the nation's leading software company enabling cross-sector collaboration, welcomes finance leader David Rudow to serve as Chief Financial Officer.

Key Points: 
  • NEW YORK, Feb. 15, 2023 /PRNewswire/ -- Unite Us , the nation's leading software company enabling cross-sector collaboration, welcomes finance leader David Rudow to serve as Chief Financial Officer.
  • Rudow joins Unite Us at a pivotal time for the company as it continues to scale its cross-sector collaboration software nationwide.
  • Rudow will lead Unite Us' finance organization and financial activities in his new role, including accounting and controllership, financial planning and analysis, tax, investor relations, internal audit, and treasury.
  • "Adding a strategic finance leader with the breadth of experience of David Rudow to our team will help us to grow and execute our vision," said Dan Brillman, CEO and Co-Founder of Unite Us.

Sandbox Banking Secures $4.3M in Seed Funding to Streamline Integration for Banks and Credit Unions

Retrieved on: 
Tuesday, February 14, 2023
Fintech, As a service, Toys "R" Us Canada, President's Choice Financial, NCino, API, United Bank, CRM, Silicon Valley Bank, CIO, US, FIS, Partner (business rank), Service Credit Union, Bank, Cryptocurrency, Sandbox

CAMBRIDGE, Mass., Feb. 14, 2023 /PRNewswire/ -- Sandbox Banking, the fintech building a low-code integration platform for banking, announces its completion of a strategic investment led by Horizon Ventures, bringing the company's total financing to $6M. Participating investors include Forum Ventures, SixThirty, Tuesday Capital. Using the company's Glyue™ platform, banks and credit unions can accelerate digital transformation using pre-built API adapters and solution templates to securely connect existing systems with fintech partners. Sandbox Banking's game-changing API builder platform already empowers teams at over 70 financial institutions across the US & Canada, including Bank Newport, Silicon Valley Bank, United Bank, Choice Financial, and Service Credit Union.

Key Points: 
  • Sandbox Banking seamlessly connects core banking, loan origination and CRM systems to fintechs via its Glyue API builder.
  • CAMBRIDGE, Mass., Feb. 14, 2023 /PRNewswire/ -- Sandbox Banking , the fintech building a low-code integration platform for banking, announces its completion of a strategic investment led by Horizon Ventures, bringing the company's total financing to $6M.
  • Using the company's Glyue™ platform, banks and credit unions can accelerate digital transformation using pre-built API adapters and solution templates to securely connect existing systems with fintech partners.
  • "Sandbox allows our internal tech teams at Bank Newport to focus on serving our customer's needs knowing they have a technology partner in Sandbox Banking."

Zennify Adds Tenured Technology Executive Mike Epner to Its Board

Retrieved on: 
Tuesday, February 7, 2023
Organization, NCino, United Nations Regional Service Centre in Entebbe, Sophie Adenot, Acquisition, Borland, Wipro, Salesforce, Senior, Culture, Appirio, Growth, Conference, Management, Traction

SACRAMENTO, Calif., Feb. 7, 2023 /PRNewswire/ -- Zennify, a leading consulting firm specializing in financial services, Salesforce and nCino, today announced it has appointed Mike Epner to its board. With a career in technology professional services spanning more than 25 years, Epner has led multiple organizations through scalable growth.

Key Points: 
  • SACRAMENTO, Calif., Feb. 7, 2023 /PRNewswire/ -- Zennify , a leading consulting firm specializing in financial services, Salesforce and nCino, today announced it has appointed Mike Epner to its board.
  • With a career in technology professional services spanning more than 25 years, Epner has led multiple organizations through scalable growth.
  • "Mike is a people-first leader and a strong believer in culture and operational excellence," said Manvir Sandhu, co-founder and CEO of Zennify.
  • Earlier in his career, Epner was Chief Executive Officer at process improvement management consulting firm Teraquest, which was acquired by Borland Software.

nCino Expands nCino IQ Offerings Through Partnership with Rich Data Co

Retrieved on: 
Tuesday, February 7, 2023
Machine learning, Health, AI, Small business, Business architecture, NCino, Intelligence, Bank, Partnership, Artificial intelligence, Workflow, Commercial bank, RDC

nCino will integrate RDC’s decisioning capabilities into the nCino Bank Operating System® to enhance nCino’s Commercial Banking and Small Business Banking solutions with ground-breaking AI and machine learning techniques.

Key Points: 
  • nCino will integrate RDC’s decisioning capabilities into the nCino Bank Operating System® to enhance nCino’s Commercial Banking and Small Business Banking solutions with ground-breaking AI and machine learning techniques.
  • This will simplify the traditional credit technology landscape and empower transparent and explainable decision-making driving revenue and efficiency for nCino’s customers.
  • The partnership with RDC will expand the use cases for nCino IQ (nIQ®), which leverages intelligence and machine learning to transform data into information and actionable insights, empowering financial institutions to focus on key-value add activities and make better business decisions.
  • “Financial institutions often lack the infrastructure and skills needed to effectively aggregate, analyze, and form actions around numerous, siloed data sources.

AmeriCU to introduce a mobile mortgage lending experience powered by SimpleNexus

Retrieved on: 
Tuesday, January 31, 2023
Nexus, E-sign, Eclose, POS, Sale, NCino, AmeriCU Credit Union, API, United States Department of Veterans Affairs, LOS, Fixed-rate mortgage, Bank, Online shopping, LEHI

“At AmeriCU, the satisfaction of our members is always our number one priority,” said Stephanie McGuire, senior vice president of lending at AmeriCU.

Key Points: 
  • “At AmeriCU, the satisfaction of our members is always our number one priority,” said Stephanie McGuire, senior vice president of lending at AmeriCU.
  • To maximize the process efficiencies of SimpleNexus, AmeriCU will activate SimpleNexus’ native integration with the credit union’s new loan origination system (LOS).
  • “SimpleNexus is a cost-effective resource for credit unions that want to offer members a more convenient and connected homebuying experience,” said Ben Miller, CEO of SimpleNexus.
  • “Our mobile toolset, made stronger by native integrations and an open API framework, facilitates a state-of-the-art homebuying experience from point-of-thought to close.”

nCino Announces Chief Financial Officer Transition

Retrieved on: 
Wednesday, January 18, 2023
NCino, Partnership, Acquisition, Orenstein, Management, Financial adviser

WILMINGTON, N.C., Jan. 18, 2023 (GLOBE NEWSWIRE) -- nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced the appointment of Greg Orenstein as nCino’s Chief Financial Officer.

Key Points: 
  • WILMINGTON, N.C., Jan. 18, 2023 (GLOBE NEWSWIRE) -- nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced the appointment of Greg Orenstein as nCino’s Chief Financial Officer.
  • Orenstein has significant leadership experience at nCino, having joined the Company in 2015, and most recently serving as its Chief Corporate Development & Strategy Officer.
  • Prior to that, he served as nCino’s Chief Corporate Development & Legal Officer and Secretary.
  • His deep strategic and operational understanding of our business and his proven ability to build and lead global teams and partner with business leaders makes him the ideal person for this role,” said Pierre Naudé, Chairman and Chief Executive Officer of nCino.

CrossCountry Mortgage Partners with SimpleNexus to Implement CompenSafe Incentive Automation into Its Workflow

Retrieved on: 
Wednesday, December 14, 2022
CrossCountry, NCino, ICM, Real estate, Insurance, LEHI

CrossCountry Mortgage is one of the nation’s largest retail mortgage lenders, operating a network of approximately 800 branch locations across all 50 states.

Key Points: 
  • CrossCountry Mortgage is one of the nation’s largest retail mortgage lenders, operating a network of approximately 800 branch locations across all 50 states.
  • The organization selected CompenSafe, the only incentive compensation management (ICM) solution designed for mortgage lenders, to provide staff with near real-time visibility into their pay and to automate complex payroll functions associated with managing mortgage compensation plans.
  • CompenSafe integrates with lenders’ loan origination systems (LOS’s) to automatically calculate compensation as loans fund.
  • “Incentive compensation is the largest expense in lenders’ ledgers, and it is also one of the most burdensome to manage,” said Ben Miller, CEO of SimpleNexus.