Real Estate Whiz-kids, nCino grabs SimpleNexus for a Cool $933.6 Million and Keeps the Ball Rolling
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Key points:
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nCino acquires SimpleNexus for a whopping 900 plus million bucks, leaving no stone unturned in its quest for real estate glory.
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The rebrand of SimpleNexus to nCino gives it an aura of rebirth – a phoenix-like ascension if you will.
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Clients are signing up faster than you can say “real estate!” nCino is literally pulling folks towards it with its irresistible mortgage offerings.
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Existing customers aren’t left behind either – they are being pampered with new, shiny mortgage capabilities.
Hot take:
Just when we thought the Hogwarts school for black magicians (AKA, the world of property and business) had nothing more to offer, nCino graces us with a plot twist. They acquired SimpleNexus for an amount that could indeed buy a whole island and managed to convert it into a cash cow that would make even the golden goose blush!
The rebrand was no less than a screen makeover for an underrated star finally getting its big break – a fresh new look, better scripts, and a rush of interested clients. And oh, those clients! Signing up faster than teens at a Justin Bieber concert stand.
Don’t think for a second that nCino forgot its loyal fan base, AKA existing customers. Much like a celebrity not forgetting their roots, our dear company is cross-selling shiny new mortgage powers that are simply irresistible.
In the grand saga of real estate, nCino is proving to be the unexpected hero. Facing the challenge of monstrous transactions and battling the dragons of customer management, they’re standing tall. Not simply surviving, but thriving. I, for one, can’t wait to see what more this thrilling tale holds as nCino continues to write its own blockbuster real estate story! Because who doesn’t like a good success story wrapped in a plot twist you never saw coming?
Original article: https://www.inman.com/2024/01/03/after-retiring-simplenexus-brand-ncino-grows-its-mortgage-business/