In a flurry of activity, the cloud banking solutions provider appointed Sean Desmond as CEO while granting a big shareholder, HMI Capital Management, a seat on its expanded board of directors
By adding new customers and selling additional services to existing clients, nCino grew revenue by 14% from a year ago, to $138.8M, helping the company slash its Q3 net loss to $5.3M
Shares in the cloud banking solutions developer are down 14% after it says that mortgage tech business acquired for nearly $1B has been a drag on growth but is expected to pick up