SimpleNexus

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nCino Completes Acquisition Of SimpleNexus

nCino, Inc. (NASDAQ: NCNO), a provider of cloud banking and digital transformation solutions for the global financial services industry, today announced that it has completed its acquisition of SimpleNexus, a cloud-based, mobile-first homeownership software company, for total consideration of approximately 12.76 million shares of nCino common stock plus cash consideration of approximately $270 million, on a cash-free, debt-free basis and excluding transaction expenses.

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nCino Signs Definitive Agreement To Acquire SimpleNexus For $1.2 Billion

nCino, Inc. (NASDAQ: NCNO), a provider of cloud banking and digital transformation solutions for the global financial services industry, has entered into a definitive agreement to acquire SimpleNexus in a stock and cash transaction valued at approximately $1.2 billion. SimpleNexus seamlessly unites the people, systems, and stages of the home buying process into a single end-to-end experience, enabling loan officers, borrowers, real estate agents and settlement agents to manage the homeownership journey in the palm of their hands.

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SimpleNexus Helps Lenders Better Serve Spanish-Speaking Borrowers

SimpleNexus, developer of a homeownership platform for loan officers, borrowers, real estate agents and settlement agents, has released Nexus Bilingual, a new feature that makes the loan process more accessible to prospective homebuyers who prefer to communicate in Spanish by gathering initial loan information in Spanish.

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First American Docutech Integrates With SimpleNexus To Enable Borrowers to eSign

First American Docutech, a provider of document, eSign, eClose and print fulfillment technology, and a member of the First American family of companies, has integrated its Conformx loan document generation technology and Solex eSignature solution with SimpleNexus’ homeownership platform. Lenders using SimpleNexus and First American Docutech can now provide their borrowers with the ability to eSign initial mortgage disclosures through a single sign-on experience.

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