NCino Reports Demand for Cloud Banking, AI Drives Record Sales
NCNOnCino(NCNO) pymnts.com·2024-05-30 08:35

NCino reported Wednesday (May 29) that demand for its single-platform cloud banking solution and artificial intelligence (AI) features drove record gross sales in the most recent quarter. The company reported that its total revenues of $128.1 million for the first quarter of fiscal 2025, which ended April 30, were up 13% from the same quarter a year earlier, according to a Wednesday earnings release. This reflected demand for its cloud banking solution delivered to financial institutions via a single softwa ...