Cloud banking solutions developer nCino has announced that its purchase of SimpleNexus, announced in November, has been completed.
The $1.2 billion deal comprised $270 million in cash and roughly 12.75 million shares of nCino stock.
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SimpleNexus, a tech startup offering a digital mortgage platform for loan officers, borrowers and real estate agents, is officially under new ownership. So reports WilmingtonBiz.
Cloud banking solutions developer nCino has announced that its purchase of SimpleNexus, announced in November, has been completed.
The $1.2 billion deal comprised $270 million in cash and roughly 12.75 million shares of nCino stock.