Print
Banking & Finance

Growth, Recognition Mark Year's End For NCino

By Jenny Callison, posted Feb 1, 2019
In late 2018, banking software company nCino announced it was named to the Forbes Cloud 100, a ranking of the top 100 private cloud-based companies in the world.

The Wilmington enterprise landed at 24. It was one of only three North Carolina businesses to make the list: Bill processor AvidXchange, based in Charlotte, was 42; Raleigh-based communications company Pendo came in at 100.
 
“For the third consecutive year, the Forbes Cloud 100 recognizes the best and brightest of tech’s hottest category,” the magazine stated in its introduction to this year’s rankings. “Compiled with the help of partners Bessemer Venture Partners and Salesforce Ventures, the list tracks the best private cloud companies in the world by operating metrics such as revenue and funding, while enlisting the help of no less than 34 of their public cloud CEO peers.”
 
The year’s end saw nCino with a portfolio of 230 clients – up from 175 at the end of the previous year – and 600 employees. Besides its Wilmington base, nCino boasts offices in Sydney, Australia, Toronto, Canada and London, England. And the firm has nearly doubled its office space in Mayfaire from 75,000 square feet at the end of 2017 to 147,000 this past December.
 
“It’s worth noting that our product continues to expand as well, with the addition of our retail banking and enterprise onboarding solutions,” said spokeswoman Natalia Moose. “We’re well beyond our days of being just a commercial loan origination platform.”
Ico insights

INSIGHTS

SPONSORS' CONTENT
Untitleddesign4

Paving the Way to Better City Streets

Tony Caudle - City of Wilmington
Untitleddesign2 4523114356

Cybersecurity and Productivity: Striking the Perfect Balance for Business Success

Barrett Earney - EarneyIT
Jane

Early Childhood Education: Invisible Infrastructure

Jane Morrow - Smart Start of New Hanover County

Trending News

EPA Makes $3B National Announcement At Port Of Wilmington

Audrey Elsberry - Feb 28, 2024

OsteoStrong Opens On College Road In Wilmington

Emma Dill - Feb 28, 2024

Patricia Kusek Resigns From Endowment Board

Audrey Elsberry - Mar 1, 2024

Polyhose To Double The Size Of Its Wilmington-area Facility

Emma Dill - Feb 29, 2024

Report Finds Economic, Environmental Impact Of N.C. Railroads

Audrey Elsberry - Feb 29, 2024

In The Current Issue

Born To Create Affordable Housing

The competition is stiff, and the work is hard, but Stephanie Norris wouldn’t give up her job for anything....


Fallout From Natural Disasters, Pandemic Puts Strain On Insurance Companies, Consumers

New arrivals to the North Carolina coast are often pleased with the amount of house they can buy here from the proceeds of their home in lar...


Book On Business

The 2024 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

2023 Power Breakfast: Major Developments