Banque Raiffeisen Partners with nCino for Intelligent Loan Management to Drive Credit Chain Digitalization
nCino expands its European presence by partnering with Banque Raiffeisen, Luxembourg's only cooperative bank, to digitize loan and credit chain management. This marks nCino's first customer in Luxembourg, extending its global reach to over twenty countries.
The partnership aims to enhance operational efficiency, streamline workflows, and strengthen regulatory compliance through nCino's intelligent banking platform. Banque Raiffeisen, established in 1926, will leverage nCino's AI-powered solutions to accelerate loan processing and deliver improved customer experiences.
The collaboration focuses on implementing AI-driven solutions across commercial onboarding, lending, SME banking, and mortgage lending. This strategic move aligns with the financial sector's digital transformation, as nCino continues to expand its AI innovation in banking services throughout Europe.
nCino amplia la sua presenza in Europa collaborando con Banque Raiffeisen, l'unica banca cooperativa del Lussemburgo, per digitalizzare la gestione della catena di prestiti e crediti. Questo rappresenta il primo cliente di nCino in Lussemburgo, estendendo la sua portata globale a oltre venti paesi.
La partnership mira a migliorare l'efficienza operativa, semplificare i flussi di lavoro e rafforzare la conformità normativa grazie alla piattaforma bancaria intelligente di nCino. Fondata nel 1926, Banque Raiffeisen sfrutterà le soluzioni basate sull'intelligenza artificiale di nCino per accelerare l'elaborazione dei prestiti e offrire esperienze clienti migliorate.
La collaborazione si concentra sull'implementazione di soluzioni guidate dall'IA per l'onboarding commerciale, il credito, la banca per PMI e i mutui ipotecari. Questa mossa strategica è in linea con la trasformazione digitale del settore finanziario, mentre nCino continua a espandere l'innovazione AI nei servizi bancari in tutta Europa.
nCino amplía su presencia en Europa al asociarse con Banque Raiffeisen, el único banco cooperativo de Luxemburgo, para digitalizar la gestión de la cadena de préstamos y créditos. Este es el primer cliente de nCino en Luxemburgo, extendiendo su alcance global a más de veinte países.
La asociación busca mejorar la eficiencia operativa, optimizar los flujos de trabajo y fortalecer el cumplimiento regulatorio mediante la plataforma bancaria inteligente de nCino. Fundado en 1926, Banque Raiffeisen aprovechará las soluciones impulsadas por IA de nCino para acelerar el procesamiento de préstamos y ofrecer mejores experiencias a los clientes.
La colaboración se centra en implementar soluciones impulsadas por IA en la incorporación comercial, préstamos, banca para pymes y préstamos hipotecarios. Este movimiento estratégico se alinea con la transformación digital del sector financiero, mientras nCino continúa expandiendo su innovación en IA en servicios bancarios por toda Europa.
nCino는 룩셈부르크의 유일한 협동조합 은행인 Banque Raiffeisen과 협력하여 대출 및 신용 체인 관리를 디지털화하며 유럽 내 입지를 확장하고 있습니다. 이는 nCino가 룩셈부르크에서 처음으로 확보한 고객으로, 전 세계 20개국 이상으로 사업 영역을 넓히는 계기가 되었습니다.
이번 파트너십은 nCino의 지능형 뱅킹 플랫폼을 통해 운영 효율성을 높이고, 업무 흐름을 간소화하며, 규제 준수를 강화하는 것을 목표로 합니다. 1926년에 설립된 Banque Raiffeisen은 nCino의 AI 기반 솔루션을 활용하여 대출 처리 속도를 높이고 고객 경험을 향상시킬 예정입니다.
이번 협력은 상업 고객 온보딩, 대출, 중소기업 금융, 주택담보대출 등 분야에 AI 기반 솔루션을 도입하는 데 중점을 두고 있습니다. 이는 금융 부문의 디지털 전환과 맞물려 nCino가 유럽 전역에서 AI 혁신을 지속 확장하는 전략적 움직임입니다.
nCino étend sa présence en Europe en s'associant à Banque Raiffeisen, la seule banque coopérative du Luxembourg, pour numériser la gestion des prêts et des crédits. Il s'agit du premier client de nCino au Luxembourg, étendant sa portée mondiale à plus de vingt pays.
Ce partenariat vise à améliorer l'efficacité opérationnelle, à rationaliser les flux de travail et à renforcer la conformité réglementaire grâce à la plateforme bancaire intelligente de nCino. Fondée en 1926, Banque Raiffeisen utilisera les solutions alimentées par l'IA de nCino pour accélérer le traitement des prêts et offrir une meilleure expérience client.
La collaboration se concentre sur la mise en œuvre de solutions pilotées par l'IA dans l'intégration commerciale, les prêts, la banque aux PME et les prêts hypothécaires. Cette initiative stratégique s'inscrit dans la transformation numérique du secteur financier, alors que nCino continue d'étendre son innovation en IA dans les services bancaires à travers l'Europe.
nCino erweitert seine Präsenz in Europa durch eine Partnerschaft mit der Banque Raiffeisen, der einzigen Genossenschaftsbank Luxemburgs, um das Management von Kredit- und Darlehensketten zu digitalisieren. Dies ist der erste Kunde von nCino in Luxemburg und erweitert die globale Reichweite auf über zwanzig Länder.
Die Partnerschaft zielt darauf ab, die operative Effizienz zu steigern, Arbeitsabläufe zu optimieren und die Einhaltung gesetzlicher Vorschriften durch die intelligente Banking-Plattform von nCino zu stärken. Die 1926 gegründete Banque Raiffeisen wird die KI-gestützten Lösungen von nCino nutzen, um die Kreditverarbeitung zu beschleunigen und verbesserte Kundenerlebnisse zu bieten.
Der Fokus der Zusammenarbeit liegt auf der Implementierung von KI-gesteuerten Lösungen in den Bereichen kommerzielles Onboarding, Kreditvergabe, KMU-Banking und Hypothekendarlehen. Dieser strategische Schritt entspricht der digitalen Transformation des Finanzsektors, während nCino seine KI-Innovationen im Bankwesen in ganz Europa weiter ausbaut.
- First customer acquisition in Luxembourg market, expanding presence to over 20 countries
- Partnership with established financial institution (Banque Raiffeisen, founded 1926) strengthens European market position
- AI-powered solutions across multiple banking segments (commercial, SME, mortgage lending) demonstrate product diversity
- Strategic expansion in European financial sector with potential for further growth
- No financial terms or contract value disclosed
- Single customer acquisition suggests early stage of Luxembourg market penetration
- High competition in European banking software market could impact growth
Insights
nCino expands European footprint with first Luxembourg customer, strengthening its position in the banking technology market.
nCino's partnership with Banque Raiffeisen marks a strategic expansion into Luxembourg, representing the company's first customer in this European financial hub. This deal expands nCino's global reach to more than twenty countries, demonstrating continued execution of their international growth strategy.
The selection by Luxembourg's only cooperative bank, an institution with nearly a century of history since its establishment in 1926, validates nCino's value proposition in the European banking technology market. The bank will implement nCino's platform specifically for loan and credit chain management digitalization.
This partnership aligns with the broader digital transformation trend in banking, with the stated goals of driving operational efficiency, streamlining workflows and strengthening regulatory compliance. nCino's positioning in AI-powered solutions for commercial lending, SME banking, and mortgage lending addresses the growing demand for intelligence-driven banking technology.
While the press release doesn't disclose financial terms or implementation timelines, this customer acquisition demonstrates nCino's continued momentum in expanding its European presence beyond its already established markets.
nCino-Raiffeisen partnership targets loan processing efficiency and compliance through AI-powered digital transformation.
Banque Raiffeisen's selection of nCino's platform to digitize loan and credit chain management highlights the ongoing prioritization of operational modernization even among traditional banking institutions. For a cooperative bank established in 1926, this represents a significant technology investment to address key operational challenges.
The partnership focuses specifically on accelerating loan processing time while creating a seamless, digital customer experience - two critical objectives for financial institutions seeking to remain competitive. The emphasis on strengthening regulatory compliance alongside operational efficiency reflects the dual pressures facing banks in today's environment.
nCino's solutions incorporate AI-powered capabilities aimed at automating processes and reducing operational inefficiencies through augmentation. This approach allows established institutions like Banque Raiffeisen to modernize their operations while maintaining their traditional banking relationships and values.
The implementation appears comprehensive, covering commercial onboarding and lending, SME banking, and mortgage lending - suggesting a significant operational transformation rather than a limited point solution deployment.
nCino expands presence in Europe with its first customer in Luxembourg
LONDON, April 30, 2025 (GLOBE NEWSWIRE) -- nCino, Inc. (NASDAQ: NCNO), the leading provider of intelligent, best-in-class banking solutions, today announced that Banque Raiffeisen, Luxembourg’s only cooperative bank, has chosen the nCino Platform to digitize its loan and credit chain management.
Established in 1926, Banque Raiffeisen is a cornerstone of Luxembourg’s financial sector, known for its commitment to supporting and working in the best interest of customers. The partnership will support Banque Raiffeisen in driving operational efficiency, streamlining workflows and strengthening regulatory compliance. With nCino’s connected platform, the Bank can accelerate loan processing time and create a seamless, digital customer experience.
“Over the past century, Banque Raiffeisen has built a legacy of trust and excellence with its customers,” said Laurent Zahles, Chairman of the Management Board of Banque Raiffeisen. “Choosing nCino as our platform will provide our customers with intelligent solutions that enable us to continue meeting their needs and expectations far into the future.”
“We’re at a pivotal moment in the evolution of financial services as advancements in AI and intelligence-driven solutions open unprecedented opportunities to transform banking experiences,” said Joaquín de Valenzuela, Managing Director of EMEA at nCino. “For over a decade, nCino has been a trusted partner to financial institutions, delivering innovative solutions that drive tangible results. Our position at the forefront of AI innovation specific to this industry is propelling our growth across Europe, and we’re thrilled to welcome Banque Raiffeisen to the journey.”
This partnership marks nCino’s entry into the Luxembourg market, expanding its customer base to more than twenty countries worldwide. nCino offers AI-powered solutions across commercial onboarding and lending, SME banking, and mortgage lending, helping financial institutions automate processes, reduce operational inefficiencies through augmentation, and deliver personalized, intelligent client experiences.
About nCino
nCino (NASDAQ: NCNO) is powering a new era in financial services. The Company was founded to help financial institutions digitize and reengineer business processes to boost efficiencies and create better banking experiences. With over 2,700 customers worldwide - including community banks, credit unions, independent mortgage banks, and the largest financial entities globally - nCino offers a trusted platform of best-in-class, intelligent solutions. By integrating artificial intelligence and actionable insights into its platform, nCino is helping financial institutions consolidate legacy systems to enhance strategic decision-making, improve risk management, and elevate customer satisfaction by cohesively bringing together people, AI and data. For more information, visit www.ncino.com.
About Raiffeisen
Established in 1926, Banque Raiffeisen stands as the sole cooperative bank in Luxembourg. Since its inception, Banque Raiffeisen’s ambition has been to follow a human-centric approach by cultivating enduring relationships based on cooperative and sustainable values with its employees, members, customers and partners.
Whether it is the day-to-day management of financial operations, savings and investments, or a personalized support for various projects such as real estate investment, the attentive and qualified advisors of Banque Raiffeisen provide advice at every stage of life. The Bank also offers companies and independent professionals tailor-made support in managing their finances and their various projects. http://www.raiffeisen.lu
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Forward-Looking Statements:
This press release contains forward-looking statements about nCino's financial and operating results, which include statements regarding nCino’s future performance, outlook, guidance, the benefits from the use of nCino’s solutions, our strategies, and general business conditions. Forward-looking statements generally include actions, events, results, strategies and expectations and are often identifiable by use of the words “believes,” “expects,” “intends,” “anticipates,” “plans,” “seeks,” “estimates,” “projects,” “may,” “will,” “could,” “might,” or “continues” or similar expressions and the negatives thereof. Any forward-looking statements contained in this press release are based upon nCino’s historical performance and its current plans, estimates, and expectations and are not a representation that such plans, estimates, or expectations will be achieved. These forward-looking statements represent nCino’s expectations as of the date of this press release. Subsequent events may cause these expectations to change and, except as may be required by law, nCino does not undertake any obligation to update or revise these forward-looking statements. These forward-looking statements are subject to known and unknown risks and uncertainties that may cause actual results to differ materially including, but not limited to risks associated with (i) adverse changes in the financial services industry, including as a result of customer consolidation or bank failures; (ii) adverse changes in economic, regulatory, or market conditions, including as a direct or indirect consequence of higher interest rates; (iii) risks associated with acquisitions we undertake, (iv) breaches in our security measures or unauthorized access to our customers’ or their clients' data; (v) the accuracy of management’s assumptions and estimates; (vi) our ability to attract new customers and succeed in having current customers expand their use of our solution, including in connection with our migration to an asset-based pricing model; (vii) competitive factors, including pricing pressures and migration to asset-based pricing, consolidation among competitors, entry of new competitors, the launch of new products and marketing initiatives by our competitors, and difficulty securing rights to access or integrate with third party products or data used by our customers; (viii) the rate of adoption of our newer solutions and the results of our efforts to sustain or expand the use and adoption of our more established solutions; (ix) fluctuation of our results of operations, which may make period-to-period comparisons less meaningful; (x) our ability to manage our growth effectively including expanding outside of the United States; (xi) adverse changes in our relationship with Salesforce; (xii) our ability to successfully acquire new companies and/or integrate acquisitions into our existing organization; (xiii) the loss of one or more customers, particularly any of our larger customers, or a reduction in the number of users our customers purchase access and use rights for; (xiv) system unavailability, system performance problems, or loss of data due to disruptions or other problems with our computing infrastructure or the infrastructure we rely on that is operated by third parties; (xv) our ability to maintain our corporate culture and attract and retain highly skilled employees; and (xvi) the outcome and impact of legal proceedings and related fees and expenses.
FAQ
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