nCino, Inc. - NCNO STOCK NEWS

FullCircl has launched SmartOnboard, a unified onboarding solution for corporate entities that combines risk and compliance checks for companies and directors in one platform. The B2B SaaS solution integrates KYB, PEPs, sanctions, adverse media, KYC, email risk checks, and document verification to accelerate customer screening and verification processes.

The platform provides enhanced compliance data for UK registered companies with real-time data gathering capabilities, automated client outreach through a white-labelled interface, and complete audit trails for regulatory compliance. Future developments will include international coverage, enhanced customization tools, and additional data integrations.

nCino (NCNO) reported strong Q3 FY2025 results with total revenues of $138.8M, up 14% year-over-year, and subscription revenues of $119.9M, also up 14%. The company achieved significant margin improvements with GAAP operating margin of -1% (up ~1,000 basis points) and non-GAAP operating margin of 20% (up ~350 basis points).

The quarter saw over 30 multi-solution deals and increased gross bookings from new customers. Total Remaining Performance Obligation reached $1.095B, up 19% year-over-year. The company completed the FullCircl acquisition and secured notable customer wins, including expansion agreements with major banks in the U.S., Australia, Norway, and Japan.

nCino (NCNO) reported strong Q3 FY2025 results with total revenues reaching $138.8 million, up 14% year-over-year. Subscription revenues grew 14% to $119.9 million. The company significantly improved its GAAP operating margin to -1% (up ~1,000 basis points) and non-GAAP operating margin to 20% (up ~350 basis points).

The quarter saw over 30 multi-solution deals and increased gross bookings from new customers. Total Remaining Performance Obligation (RPO) grew 19% to $1.095 billion. The company completed the FullCircl acquisition and secured notable client wins, including expansion agreements with major banks in the U.S., Australia, Norway, and Japan.

For Q4 FY2025, nCino expects total revenues between $139.5-141.5 million and subscription revenues of $122.5-124.5 million.

nCino (NASDAQ: NCNO), a leading provider of intelligent banking solutions, has announced its participation in two upcoming investor conferences. The company will present at the Scotiabank Second Annual Global Technology Conference on Tuesday, December 10, at 12:45 p.m. ET, and at the Barclays 22nd Annual Global Technology Conference on Wednesday, December 11, at 6:05 p.m. ET. A live webcast of the Barclays presentation will be accessible through the company's Investor Relations website.

nCino (NASDAQ: NCNO), a leading provider of intelligent banking solutions, has announced its upcoming participation in two major investor conferences. The company will present at the Scotiabank Second Annual Global Technology Conference on Tuesday, December 10, at 12:45 p.m. ET, followed by a presentation at the Barclays 22nd Annual Global Technology Conference on Wednesday, December 11, at 6:05 p.m. ET.

nCino (NASDAQ: NCNO) has scheduled its third quarter fiscal year 2025 financial results announcement for Wednesday, December 4, 2024, after market close. The company will host a conference call and webcast at 4:30 p.m. ET on the same day to discuss the financial results for the quarter ended October 31, 2024. Investors can access the webcast through nCino's Investor Relations website, where a replay will also be available after the call.

nCino (NASDAQ: NCNO) has announced a definitive agreement to acquire FullCircl, a UK-based SaaS platform, for $135 million in cash. The acquisition follows their 2023 partnership and aims to enhance nCino's capabilities in client lifecycle management, onboarding, and regulatory compliance. FullCircl's technology provides comprehensive business data, including financial information, credit scores, risk profiles, and ownership details. The deal includes a $15 million retention for two years as security for warranties and covenants. nCino will update on the financial impact during its third quarter earnings release.

nCino (NASDAQ: NCNO) has appointed Joaquín de Valenzuela as the new Managing Director for the EMEA region. This strategic appointment aims to accelerate nCino's growth and market presence in EMEA. De Valenzuela brings extensive experience in leading cross-functional teams and driving revenue growth for tech and fintech companies. His previous roles include EVP, Chief Digital and Business Operations Officer at Temenos and Head of Financial Services in EMEA and LATAM for Salesforce. The former EMEA Managing Director, Charlie McIver, has transitioned to a position focusing on EMEA strategic operations.

nCino, Inc. (NASDAQ: NCNO) announced that Tokushima Taisho Bank, a TOMONY Holdings, Inc. Group Company, has chosen nCino's Commercial Banking Solution to transform its business lending operations. The Japanese bank aims to increase operational efficiency and enhance value for corporate customers and employees by implementing the nCino Platform.

The adoption of nCino's solution will allow Tokushima Taisho to digitally unify its online processes, significantly improving customer experiences and creating efficiencies in the end-to-end lending process. This implementation is expected to reduce manual tasks and enable employees to focus more on nurturing client relationships.

Itsuki Nomura, Representative Director and Country Manager of Japan at nCino, expressed honor in partnering with Tokushima Taisho, highlighting how the Commercial Banking Solution can help the bank redefine its customer and employee engagement strategies and achieve sustainable growth in the current banking landscape.