SimpleNexus Rebrands To nCino’s Mortgage Suite

SimpleNexus Rebrands To nCino’s Mortgage Suite

ByTMN Editor Reading Time: 2 minutes

By KIMBERLEY HAAS SimpleNexus has officially rebranded as nCino’s Mortgage Suite and company leaders say customers can benefit from a more diverse and financially stable company. Following its acquisition for $1.2 billion in stocks and cash in January of 2022, SimpleNexus’ market share in the mortgage point of sale space grew. Their products now touch…

nCino Acquires SimpleNexus For $1.2B

nCino Acquires SimpleNexus For $1.2B

ByTMN Editor Reading Time: 2 minutes

Fintech company nCino, Inc. is expanding its mortgage market reach by acquiring SimpleNexus for $1.2 billion in stocks and cash. SimpleNexus, a digital mortgage platform, was involved in more than one in seven mortgage originations in the US during the first nine months of 2021. It provides services for more than 300 mortgage companies and…

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