nCino Partners with Banque Raiffeisen to Enhance Digital Banking in Luxembourg

nCino partners with Banque Raiffeisen to enhance digital loan management and customer experience using its intelligent banking platform.

Details of the Partnership

nCino, Inc. has formed a partnership with Banque Raiffeisen, Luxembourg’s only cooperative bank, to implement the nCino Platform for digitizing its loan and credit management processes. This collaboration aims to boost operational efficiency, streamline workflows, and improve regulatory compliance for Banque Raiffeisen, which has been committed to customer-focused banking since its inception in 1926. By integrating nCino’s AI-driven solutions, the bank expects to speed up loan processing and provide a seamless digital experience for its customers. As nCino expands its presence into Luxembourg, it continues to grow its global customer base, offering intelligent banking solutions that automate processes and enhance customer satisfaction in the financial services sector.

Potential Benefits

• With this strategic partnership, nCino marks its entry into Luxembourg, expanding its reach to over twenty countries globally.
• The collaboration is anticipated to improve operational efficiency, streamline workflows, and reinforce regulatory compliance, illustrating nCino’s capacity to deliver impactful solutions.
• Using nCino’s platform could potentially reduce loan processing times significantly, catering to the increasing demand for digital banking services.
• nCino’s focus on AI-driven solutions reinforces its leadership in financial services innovation, which could facilitate growth and boost customer acquisition in Europe.

Challenges and Risks

• Forward-looking statements suggest potential risks and uncertainties that may significantly affect the company’s financial outlook. This includes factors like economic downturns, regulatory changes, and rising competition.
• The absence of specific financial details or projections in the press release may raise transparency concerns among investors regarding the company’s performance expectations.
• nCino’s reliance on maintaining a relationship with Salesforce could expose it to operational vulnerabilities.

Frequently Asked Questions

What is the partnership between nCino and Banque Raiffeisen?

nCino will provide its platform to Banque Raiffeisen to digitize the loan and credit management processes, enhancing operations and compliance.

When was Banque Raiffeisen established?

Banque Raiffeisen was founded in 1926 and is Luxembourg’s sole cooperative bank, emphasizing customer service and cooperative values.

How does nCino’s platform enhance banking efficiency?

nCino’s platform automates various processes, reduces operational inefficiencies, and speeds up loan processing, ensuring a smooth digital experience for customers.

In how many countries does nCino operate?

nCino’s customer base has now expanded to over twenty countries worldwide, strengthening its global footprint in the financial services industry.

What role does nCino play in financial services?

nCino develops intelligent banking solutions that assist financial institutions in digitizing operations and improving customer experiences through AI technology.

$NCNO Insider Trading Activity

In the past six months, $NCNO insiders have traded the stock 56 times, with no purchases and 56 sales.

Here’s a breakdown of the recent trading activity by insiders:

• JEFF HORING has recorded 0 purchases and 8 sales, selling 8,054,876 shares for an estimated $290,853,546.
• HOLDINGS GROUP, LLC INSIGHT has made 0 purchases and 24 sales, selling 1,556,042 shares for about $56,782,248.
• GREGORY ORENSTEIN (CFO & Treasurer) sold 69,605 shares, amounting to an estimated $2,483,208.
• SEAN DESMOND (CEO & President) sold 45,215 shares, totaling approximately $1,586,012.
• PIERRE NAUDE has 0 purchases and 3 sales, selling 58,787 shares for about $1,441,740.
• WILLIAM J. RUH sold 20,000 shares for around $800,000.
• APRIL RIEGER (Chief Legal & Compliance Officer, Secretary) sold 13,807 shares for an estimated $364,640.
• PAMELA KILDAY sold 9,000 shares for about $319,633.
• STEVEN A. COLLINS sold 6,688 shares for around $238,773.
• JEANETTE SELLERS (VP of Accounting) has made 0 purchases and 7 sales, selling 5,137 shares for an estimated $120,990.

$NCNO Hedge Fund Activity

In the latest quarter, 146 institutional investors added shares of $NCNO, while 143 reduced their holdings.

Here are some notable recent moves:

• INSIGHT HOLDINGS GROUP, LLC sold 11,500,000 shares (-71.8%) in Q4 2024, worth an estimated $386,170,000.
• WASATCH ADVISORS LP acquired 3,905,802 shares (+171.9%) in Q4 2024, for an estimated $131,156,831.
• INVESCO LTD. added 2,518,707 shares (+3006.0%) to its portfolio in Q4 2024, valued at approximately $84,578,181.
• MASSACHUSETTS FINANCIAL SERVICES CO /MA/ added 2,419,727 shares (+inf%) to its portfolio in Q4 2024, worth an estimated $81,254,432.
• AZORA CAPITAL LP removed 2,058,002 shares (-100.0%) in Q4 2024, with an estimated value of $69,107,707.
• T. ROWE PRICE INVESTMENT MANAGEMENT, INC. added 1,889,283 shares (+139.8%) in Q4 2024, for an estimated $63,442,123.
• CAPITAL INTERNATIONAL INVESTORS added 1,710,893 shares (+57.4%) in Q4 2024, worth about $57,451,786.

$NCNO Analyst Ratings

In recent months, Wall Street analysts have issued reports on $NCNO, with 4 firms giving buy ratings and 1 rating as a sell.

Recent analyst ratings include:

• Raymond James issued an “Outperform” rating on 03/25/2025.
• Stephens issued a “Reduce” rating on 12/05/2024.
• Needham provided a “Buy” rating on 12/05/2024.
• Goldman Sachs issued a “Buy” rating on 12/05/2024.
• Keefe, Bruyette & Woods rated it “Outperform” on 12/02/2024.

Disclaimer: This summary is based on a press release distributed by GlobeNewswire and may contain inaccuracies.