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Judo Bank Selects nCino to Simplify Banking Processes

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SYDNEY, Australia, Oct. 13, 2020 (GLOBE NEWSWIRE) — nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced that Australia’s first fully licensed challenger bank dedicated to lending to small and medium sized enterprises (SME), Judo Bank, will implement the nCino Cloud Banking Platform to streamline its lending operations and further enhance its client value proposition.

Through its collaboration with nCino, Judo is able to automate strategic aspects of the banking process and concentrate on its mission to deliver traditional relationship lending and vital credit to Australian SMEs. As part of the nCino Bank Operating System, Judo will implement nCino’s Commercial Banking Solution, which automates workflows and provides real-time reporting, elements of the credit analysis process and digital document management capabilities to drive a transparent and fully digital end-to-end lending process.

“Judo’s mission is to be a champion for Australian SMEs by bringing back the craft of relationship banking and delivering the funding that SMEs desperately need and deserve,” said Tim Alexander, Chief Product Officer at Judo Bank.

“We share the same view as nCino when we say partnerships matter; that’s why we selected them to help us disrupt the industry and deliver differentiated services to better finance the growth ambitions of Australian SMEs.”

Mark Bernhardi, General Manager of APAC at nCino said: “We are excited to be working with Judo Bank to help them create a more efficient banking experience that is tailored to their clients’ individual needs.”

“Judo was created to be fast and nimble and to provide new options to SMEs across Australia. We look forward to building upon our partnership to support Judo’s craft of relationship banking, enabling them with the latest technology from nCino as they help their clients capitalise on the right opportunities at the right time.”