nCino and Capitec Bank to Innovate Digital Business Banking

nCino and Capitec Bank to Innovate Digital Business Banking
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nCino, Inc., the worldwide leader in cloud banking and digital transformations partners with Capitec Bank, one of the leading banks in South Africa in the digital niche. nCino will play a key role in creating the Business Banking loan management system of the bank, enhancing its efficiency and simplicity with the mission of Capitec to help customer banks perform better.

Pierre Naudé, CEO, nCino, stated, “We are extremely proud to be working with Capitec, an institution with an incredible reputation as South Africa’s largest digital bank. With 17 million retail clients, Capitec has embraced an agile and innovative approach to growth. We’re glad Capitec saw a partner in nCino and look forward to providing the Bank with industry-leading technology and a flexible platform that will help drive the sustainability and growth of its business banking operations.”

nCino is the global leader in cloud banking, and its Bank Operating System enables financial organizations with an agile technology to accomplish higher efficiency, greater revenue growth, regulatory compliance and cost savings. It fastens and eases salary and corporate payments altogether.

Thomas Byrne, Head of Product, EMEA, nCino, included, “As we continue to expand into new countries, we’re developing additional depth and breadth to the nCino platform to solve the business, technical, and regulatory pain points that regularly trouble financial institutions on a global scale. We’re looking forward to providing Capitec with a scalable platform that enables the bank to improve client and employee experiences by streamlining, digitising and automating complex processes for a faster, more efficient and transparent experience for business owners.”

Capitec Bank makes banking just simpler. It has introduced Global One, it’s all-inclusive banking solution that enables businesses to transact, save, and access credit in no time. With the power of technology, Capitec makes each interaction simpler and easier.

Karl Kumbier, Executive of Capitec Business, said, “Capitec is a brand that is associated with hard work, innovation, and disruption. It is the fastest-growing bank in the country and has over 70,000 business banking clients. We are looking forward to taking our ethos of simplicity even further, with the inclusion of this technology into our systems for a more seamless experience for the businesses we serve.”

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