Following its acquisition by nCino in January 2022, SimpleNexus has officially rebranded as nCino’s Mortgage Suite.
Since the acquisition, SimpleNexus’ market share in the mortgage point of sale (POS) space has grown steadily — and all the while, the SimpleNexus team and its products have been integrating ever more tightly with the larger nCino organization and platform.
The products now known as nCino’s Mortgage Suite currently touch about 1 in 4 (25%) of all residential loan originations in the United States and will continue to deliver innovative mortgage solutions to independent mortgage banks (IMBs), banks and credit unions with no disruption to ongoing services.
“nCino’s vision is to be a one-stop platform solution for financial institutions of all types,” says Pierre Naudé, CEO for nCino, in a release. “We aim to create intelligent, automated, and efficient experiences across multiple business lines.”
“By integrating the SimpleNexus and nCino brands as closely externally as we’ve done internally since the acquisition, we believe we can make significant strides in delivering modern, innovative home lending solutions that benefit our clients and their customers,” Naudé adds.