NCNO News and Press, nCino Inc. From 01/29/23

Summary nCino is a provider of cloud-based software for financial institutions and its value addition is making the banks take notice. nCino's core product allows banks to more effectively take on new clients for loans and helps manage the entire loan lifecycle. Once a product or te...

nCino ( NASDAQ: NCNO ) is set to lay off ~7% of its workforce and reduce office space in certain markets in an effort to improve operating margins and achieve profitable growth. The fintech firm employs around 1,700 people among its nine locations across the globe. In an SEC fil...

nCino ( NASDAQ: NCNO ) on Wednesday named Greg Orenstein as its next chief financial officer, succeeding David Rudow, who will be leaving effective January 31, 2023. Orenstein joined nCino in 2015, and was most recently the chief corporate development & strategy...

WILMINGTON, N.C., Jan. 18, 2023 (GLOBE NEWSWIRE) -- nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced the appointment of Greg Orenstein as nCino’s Chief Financial Officer. Orenstein wi...

Summary Stock based compensation or SBC for short has been a focus of many lately given the egregious numbers posted quarter-after-quarter in financial results. The point of all this investor anxiety towards SBC is the resulting devastating dilution that may occur if the billions in opt...

Summary nCino went public in mid-2020, raising around $250 million in gross proceeds in an IPO. The company provides modernized software to financial institutions. NCNO has grown revenue but operating losses remain heavy and management hasn't made any serious moves toward operating ...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips With the arrival of the new year, now is a great time to start looking ahead and considering potential market opportunities in 2023. Fintech was a major casualty during this downturn, but some of these companies are well-positi...

LEHI, Utah, Dec. 14, 2022 (GLOBE NEWSWIRE) -- SimpleNexus ( https://simplenexus.com/ ), an nCino (NASDAQ: NCNO) company and developer of the leading U.S. homeownership platform for loan officers, borrowers, real estate agents and settlement agents, today announced that CrossCountry Mortga...

Summary Stock-based compensation or SBC is a heated issue, many Wall Street analysts outright dismiss SBC as a concern, while others lament the culture of self-rewarding and dilution at shareholders' expense. SBC is a valuable tool for employee retention when used appropriately; however...

2022 was tough on tech stocks, and the cloud-based banking technology company nCino (NASDAQ: NCNO) wasn't spared, with shares trading down more than 56% so far this year. While the stock is down significantly, nCino's business continues to report strong quarterly results and show that...