Cloud Banking Pioneer nCino Announces Its Partnership With Capitec Bank

Cloud Banking Pioneer nCino Announces Its Partnership With Capitec Bank

Cloud Banking Pioneer nCino Announces Its Partnership With Capitec Bank. nCino, a pioneer in cloud banking and digital transformation solutions for the global financial services industry has announced that Capitec Bank, South Africa’s largest and fastest-growing digital bank has partnered with nCino. nCino is assisting with building the bank’s Business Banking loan management system, optimising its simplicity and efficiency in line with Capitec’s mission to help clients bank better to live better.

Karl Kumbier, Executive of Capitec Business said in a statement, “Capitec is a brand that is associated with hard work, innovation, and disruption. It is the fastest-growing bank in the country and has over 70,000 business banking clients. We are looking forward to taking our ethos of simplicity even further, with the inclusion of this technology into our systems for a more seamless experience for the businesses we serve.”

nCino is the worldwide leader in cloud banking. The nCino Bank Operating System empowers financial institutions with scalable technology to help them achieve revenue growth, greater efficiency, cost savings and regulatory compliance. In a digital-first world, nCino’s single cloud-based platform enhances the employee and client experience to enable financial institutions to more effectively onboard clients, make loans and manage the entire loan life cycle, and open deposit and other accounts across lines of business and channels. Transforming how financial institutions operate through innovation, reputation and speed, nCino is partnered with more than 1,750 financial institutions of all types and sizes on a global basis.

Thomas Byrne, Head of Product, EMEA at nCino added, “As we continue to expand into new countries, we’re developing additional depth and breadth to the nCino platform to solve the business, technical, and regulatory pain points that regularly trouble financial institutions on a global scale. We’re looking forward to providing Capitec with a scalable platform that enables the bank to improve client and employee experiences by streamlining, digitising and automating complex processes for a faster, more efficient and transparent experience for business owners.”

By Thomas Chiothamisi
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