Wednesday, 26 January 2022 | The Latest Buzz for the Appraisal Industry

nCino Acquires Digital Homeownership Software Company SimpleNexus

nCino Inc., a cloud banking and digital transformation solutions company 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. Founded in 2011, SimpleNexus is a developer of mobile-first technology for loan officers, borrowers, real estate agents and settlement agents to manage the homeownership journey.

“When we first started nCino, our mission was clear: to transform the financial

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