nCino Inc., a cloud banking and digital transformation solutions company for the global financial services industry, has completed its acquisition of SimpleNexus, a cloud-based, mobile-first homeownership software company, for total consideration of approximately 12.76 million shares of nCino common stock plus cash consideration of approximately $270 million, on a cash-free, debt-free basis and excluding transaction expenses.
“We are excited to officially welcome the SimpleNexus team to the nCino family,” says Pierre Naudé, CEO of
