nCino Secures Further Funding Round Led by Salesforce Ventures

nCino, a Wilmington, North Carolina-based cloud banking platform provider, secured an undisclosed amount of funding.

The round was led by Salesforce Ventures, with participation from another existing shareholder.

The company intends to use the funds to accelerate global growth initiatives, and continue development and innovation of its Bank Operating System.

Founded in 2012 and led by Pierre Naudé, chief executive officer, nCino provides a Bank Operating System which integrates with a financial institution’s core and transactional systems and combines CRM, deposit account opening, loan origination, workflow, enterprise content management, digital engagement and instant, real-time reporting in a single platform.
The Bank Operating System is built on the Salesforce platform, and integrated with Salesforce Financial Services Cloud.

The company has a customer portfolio which now includes more than 180 financial institutions across multiple countries, including 10 of the top 30 U.S. banks by asset size and credit union Navy Federal.

In addition to Salesforce Ventures, nCino is backed by Insight Venture Partners and Wellington Management.



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