nCino announces they’re acquring DocFox

WILMINGTON, NC (WWAY) — nCino has signed an agreement to acquire DocFox, a leading solution provider automating onboarding experiences for commercial and business banking.

DocFox’s technology helps simplify and automate the onboarding and account opening process for commercial and business banking, enabling remarkable client experiences, according to a press release.

“Since day one, nCino was developed to help digitize, automate, and streamline complex processes to create more efficient workflows and better experiences for financial institutions and their clients,” said Pierre Naudé, CEO and Chairman of the Board at nCino. “The acquisition of DocFox extends our existing functionality and will deliver a modern experience to an area of commercial and business banking that has lagged in innovation due to its complexity.”

DocFox was founded in 2016 and has over 450 customers across three continents.