Československá obchodní banka (CSOB) Selects the nCino Platform to Modernize Business & SME Lending

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nCino expands presence in Europe with its first buyer within the Czech Republic

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LONDON, March 11, 2025 (GLOBE NEWSWIRE) — nCino, Inc. (NASDAQ: NCNO), the main supplier of clever, best-in-class banking options, as we speak introduced that Československá obchodní banka (ČSOB), a subsidiary of KBC Financial institution NV, and one of many prime 30 banks in Europe, has chosen the nCino Platform to digitize and streamline its Business and SME Lending operations.

With over 50 years of management in Czech monetary providers, ČSOB is dedicated to offering revolutionary and environment friendly options to its various clientele, from SMEs to company and institutional purchasers. Recognizing the necessity for digital transformation to raised meet evolving consumer expectations, ČSOB will leverage the nCino Business Lending Resolution to reinforce operational effectivity, create seamless digital experiences, and acquire deeper insights into consumer wants to supply extra customized providers.

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“We’re devoted to bringing best-in-class expertise to our purchasers and making certain we keep on the forefront of monetary innovation,” stated Tomáš Stegura, Govt Director, SME & Company Phase at CSOB. “With nCino, we’re taking an thrilling step ahead in our skill to supply quick, tailor-made lending options that meet the calls for of as we speak’s market.”

“We’re excited to associate with ČSOB to convey distinctive experiences to its purchasers,” stated Joaquin de Valenzuela, Managing Director of EMEA at nCino. “nCino is a trusted associate to monetary establishments worldwide, and we sit up for driving the trade ahead with our clever options and revolutionary companions like ČSOB.”

nCino now has prospects in additional than ten European nations, starting from neobanks to 5 of the highest ten banks in the UK. The Firm gives options throughout business lending, retail lending, SME banking, and onboarding, serving to monetary establishments streamline processes, scale back operational inefficiencies, and ship customized, automated consumer experiences.

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About nCino

nCino (NASDAQ: NCNO) is powering a brand new period in monetary providers. The Firm was based to assist monetary establishments digitize and reengineer enterprise processes to spice up efficiencies and create higher banking experiences. With over 1,800 prospects worldwide – together with group banks, credit score unions, unbiased mortgage banks, and the biggest monetary entities globally – nCino has developed a trusted platform of best-in-class, clever options. By integrating synthetic intelligence and actionable insights into its platform, nCino helps monetary establishments consolidate legacy methods to reinforce strategic decision-making, enhance danger administration, and elevate buyer satisfaction by cohesively bringing collectively individuals, AI and information. For extra info, go to www.ncino.com.

About CSOB
ČSOB is a wholly owned subsidiary of KBC Financial institution NV, whose shares are held (instantly or not directly) by KBC Group NV. ČSOB supplies its providers to all teams of purchasers, i.e. retail (people) in addition to SME, company and institutional purchasers. ČSOB gives to its purchasers a wide selection of banking services, together with the services of the whole ČSOB group. ČSOB’s monetary group contains strategic firms within the Czech Republic managed instantly or not directly by ČSOB, or KBC, which provide monetary providers, particularly ČSOB Hypoteční banka, ČSOB Pojišťovna, ČSOB Stavební spořitelna, ČSOB Penzijní společnost, ČSOB Leasing, ČSOB Factoring and Patria Finance. For extra info, go to https://www.csob.cz/csob.

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Media Contacts 
Natalia Moose
press@ncino.com 

Protected Harbor Assertion 
This press launch accommodates forward-looking statements inside the secure harbor provisions of the Personal Securities Litigation Reform Act of 1995. Ahead-looking statements usually embody actions, occasions, outcomes, methods and expectations and are sometimes identifiable by use of the phrases “believes,” “expects,” “intends,” “anticipates,” “plans,” “seeks,” “estimates,” “tasks,” “might,” “will,” “might,” “may,” or “continues” or comparable expressions. Any forward-looking statements contained on this press launch are primarily based upon nCino’s historic efficiency and its present plans, estimates, and expectations, and are usually not a illustration that such plans, estimates, or expectations can be achieved. These forward-looking statements signify nCino’s expectations as of the date of this press launch. Subsequent occasions might trigger these expectations to alter and, besides as could also be required by regulation, nCino doesn’t undertake any obligation to replace or revise these forward-looking statements. These forward-looking statements are topic to recognized and unknown dangers and uncertainties which will trigger precise outcomes to vary materially together with, amongst others, dangers and uncertainties referring to the market adoption of our answer and privateness and information safety issues. Further dangers and uncertainties that would have an effect on nCino’s enterprise and monetary outcomes are included in reviews filed by nCino with the U.S. Securities and Trade Fee (obtainable on our web page at www.ncino.com or the SEC’s web page at www.sec.gov). Additional info on potential dangers that would have an effect on precise outcomes can be included in different filings nCino makes with the SEC every so often.

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