Print
Banking & Finance

New CFO Named At NCino

By Ryan Haar, posted Oct 31, 2019
Wilmington-based nCino has hired David Rudow as its chief financial officer. (Photo by Cece Nunn)

David Rudow has joined Wilmington-based banking software firm nCino as chief financial officer, company officials said Thursday.

Rudow comes from CentralSquare Technologies, where he served as senior vice president of finance, and brings nearly two decades of experience in finance and operations to nCino.

“Adding David to our team will strengthen our ability to grow, while remaining focused on our core mission—to transform the global financial services industry through innovation, reputation and speed,” said Pierre Naudé, chief executive officer of nCino.

Rudow replaces Jeff Babka, who left the company in June.

nCino is recognized as a “unicorn” for its valuation of over $1 billion.

With more than 800 full-time employees, nCino describes itself as a leader in cloud-banking and works with more than 250 financial institutions around the world. In addition to its headquarters in Wilmington, nCino has offices in London; Sydney; Toronto; Tokyo; and Salt Lake City, Utah, following the acquisition of Visible Equity earlier this year.

Officials announced the firm's expansion to Japan through its partnership with Tokyo-based Japan Cloud this week.

With the partnership, nCino has created a new subsidiary, nCino K.K., which will “meet the growing demands of financial institutions in Japan looking to digitally transform their operations and improve efficiency,” according to the release issued Monday.

nCino’s latest news about growth came after the company raised $80 million in funding, which officials said would be used for product innovation and global expansion.

This story is from the N.C. Business News Wire, a service of UNC-Chapel Hill’s Hussman School of Journalism and Media. Business Journal staff added to this report.

Ico insights

INSIGHTS

SPONSORS' CONTENT
Brochurepicture 7312020434

Is It Time To Move Money From Old Retirement Plans?

Creighton Hayworth - Ameriprise Financial
Dave sweyer 300 x 300

Receive A Permanent Change Of Station? 5 Reasons Members Of The Military Should Consider Becoming Landlords

Dave Sweyer - Sweyer Property Management
Aaeaaqaaaaaaaaidaaaajdhiztrkodm0lte2yjetngrkmy1hotrmltawmdvlmwqyztmymw

Something In The Way You Walk

Diane Durance - UNCW Center for Innovation and Entrepreneurship

Trending News

Trask Land Plans Two Communities On More Than 500 Acres

Cece Nunn - Sep 17, 2020

Judge Rules Wilmington Vacation Rental Code Illegal

Cece Nunn - Sep 16, 2020

Pier 33 To Offer First Phase Of Apartments In October

Jenny Callison - Sep 15, 2020

Landon Zimmer Reappointed To State Transportation Board

Christina Haley O'Neal - Sep 15, 2020

WDI Names New MSD Operations Manager

Christina Haley O'Neal - Sep 15, 2020

In The Current Issue

Delaney Partners Up On Health Outreach

Delaney Radiology recently announced that is partnering with the educational initiative What’s Normal? What’s Not? to provide free breast he...


Building A Career Around Home

As a child in the Western North Carolina town of Black Mountain, Annah Norris didn’t really have a place to call home....


Putting Patients First At PPD

“I think in some ways, it was a blessing because even though I was in clinical research and I had been a nurse, breast cancer gave me a pa­t...

Book On Business

The 2020 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

2020 Leadership Accelerator: Virtual Workshops for Real Leaders
2019 Health Care Heroes
August 26, 2019 Power Breakfast: A Healthy Sale?
2019 WilmingtonBiz Expo Keynote Lunch - CEO, nCino, Pierre Naude`