nCino and Salesforce extend partnership till 2031

nCino and Salesforce extend partnership till 2031

nCino, renowned for its innovative software-as-a-service (SaaS) platform, has teamed up with Salesforce, a global leader in AI CRM. 

The partnership aims to accelerate the delivery of top-tier cloud solutions to the financial sector, building on the successful collaboration initiated in 2011. This alliance is designed to empower financial institutions with digital innovations enhancing efficiency, transparency, and reducing risks, while also fostering customer growth and loyalty.

nCino offers a comprehensive SaaS platform, revolutionizing how financial institutions operate. They assist in onboarding clients, loan origination, managing loan lifecycles, and opening accounts, catering to corporate, commercial, small business, consumer, and mortgage customers.

The expanded agreement includes deeper integration of nCino with Salesforce platform tools like CRM, powered by AI and automation, and Financial Services Cloud. This integration is set to modernize customer experiences in areas like onboarding, loan origination, account opening, and portfolio management.

Additionally, the agreement includes updated commercial terms to enhance nCino’s subscription gross margins, along with minimum payment commitments from nCino in the initial years, extending the partnership to 2031.

Brian Landsman, Executive Vice President, Global Technology Partners, at Salesforce, said, “nCino’s success is a testament to the enormous opportunity in front of ISVs building on Salesforce. Salesforce is the world’s #1 AI CRM, trusted by thousands of partners to power purpose-built solutions for highly specialized industries. The expansion of our work with nCino will only accelerate how our customers are reimagining the future of personalized financial services.”

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