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Slideshow Mergers & Acquisitions

By The Online Investor Staff, updated Fri., Mar. 29, 10:02 AM

Slide #79. nCino, Inc. DocFox

Acquirer: nCino, Inc. (NASDAQ:NCNO)
Acquiree: DocFox
Details: nCino, Inc. (NASDAQ:NCNO), a pioneer in cloud banking for the global financial services industry, today announced that it has signed a definitive agreement to acquire DocFox, a leading solution provider automating onboarding experiences for commercial and business banking.

nCino is a software-as-a-service company that provides software applications to financial institutions (FI). The nCino Bank Operating System connects FI employees, their clients and third parties on a single, cloud-based platform. By utilizing a single platform across business lines, processes and channels, FIs are able to utilize the same data and information across their entire organization. The nCino Bank Operating System delivers capabilities across devices, channels and products. Co. serves financial institution customers of all sizes, including global, enterprise, regional and community banks, credit unions, new market entrantsand independent mortgage banks.

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Company Name:  nCino Inc (New)
Website:  www.ncino.com
Sector:  Application Software
Number of ETFs Holding NCNO:  38
Total Market Value Held by ETFs:  $301.05M
Total Market Capitalization:  $3.41B
% of Market Cap. Held by ETFs:  8.82%
 

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March 29, 2024    10:02 AM Eastern
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Buy (2.93 out of 4)
22nd percentile
(ranked lower than approx. 78% of all stocks covered)

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