nCino expands presence in Europe with its first customer in Luxembourg
LONDON, April 30, 2025 (GLOBE NEWSWIRE) -- nCino, Inc. (NASDAQ: NCNO), the leading provider of intelligent, best-in-class banking solutions, today announced that Banque Raiffeisen, Luxembourg’s only cooperative bank, has chosen the nCino Platform to digitize its loan and credit chain management.
Established in 1926, Banque Raiffeisen is a cornerstone of Luxembourg’s financial sector, known for its commitment to supporting and working in the best interest of customers. The partnership will support Banque Raiffeisen in driving operational efficiency, streamlining workflows and strengthening regulatory compliance. With nCino’s connected platform, the Bank can accelerate loan processing time and create a seamless, digital customer experience.
“Over the past century, Banque Raiffeisen has built a legacy of trust and excellence with its customers,” said Laurent Zahles, Chairman of the Management Board of Banque Raiffeisen. “Choosing nCino as our platform will provide our customers with intelligent solutions that enable us to continue meeting their needs and expectations far into the future.”
“We’re at a pivotal moment in the evolution of financial services as advancements in AI and intelligence-driven solutions open unprecedented opportunities to transform banking experiences,” said Joaquín de Valenzuela, Managing Director of EMEA at nCino. “For over a decade, nCino has been a trusted partner to financial institutions, delivering innovative solutions that drive tangible results. Our position at the forefront of AI innovation specific to this industry is propelling our growth across Europe, and we’re thrilled to welcome Banque Raiffeisen to the journey.”
This partnership marks nCino’s entry into the Luxembourg market, expanding its customer base to more than twenty countries worldwide. nCino offers AI-powered solutions across commercial onboarding and lending, SME banking, and mortgage lending, helping financial institutions automate processes, reduce operational inefficiencies through augmentation, and deliver personalized, intelligent client experiences.
About nCino
nCino (NASDAQ: NCNO) is powering a new era in financial services. The Company was founded to help financial institutions digitize and reengineer business processes to boost efficiencies and create better banking experiences. With over 2,700 customers worldwide - including community banks, credit unions, independent mortgage banks, and the largest financial entities globally - nCino offers a trusted platform of best-in-class, intelligent solutions. By integrating artificial intelligence and actionable insights into its platform, nCino is helping financial institutions consolidate legacy systems to enhance strategic decision-making, improve risk management, and elevate customer satisfaction by cohesively bringing together people, AI and data. For more information, visit www.ncino.com.
About Raiffeisen
Established in 1926, Banque Raiffeisen stands as the sole cooperative bank in Luxembourg. Since its inception, Banque Raiffeisen’s ambition has been to follow a human-centric approach by cultivating enduring relationships based on cooperative and sustainable values with its employees, members, customers and partners.
Whether it is the day-to-day management of financial operations, savings and investments, or a personalized support for various projects such as real estate investment, the attentive and qualified advisors of Banque Raiffeisen provide advice at every stage of life. The Bank also offers companies and independent professionals tailor-made support in managing their finances and their various projects. http://www.raiffeisen.lu