TUHF Partners with nCino to Improve Its Competitive Edge and to Scale Efficiently

JOHANNESBURG, South Africa, April 18, 2023 (GLOBE NEWSWIRE) -- nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the global financial services industry, today announced that TUHF has selected nCino’s cloud banking platform to improve the lending process for its customers and support the entire credit lifecycle journey across its commercial loan book. By partnering with nCino, TUHF will modernize its operations to achieve key business goals including increasing efficiency, driving growth, and reducing costs.

South Africa faces significant shortages in affordable, safe housing and huge urban sprawl. TUHF, as the leading impact investor in affordable housing in the country, makes a positive social impact by providing commercial property development loans to clients seeking to deliver affordable residential units where they are most needed in city townships. By utilizing nCino’s cloud banking platform, TUHF will be able to accelerate its lending processes and scale its business efficiently, to effectively increase its ability to drive urban densification and combat urban sprawl.

“TUHF’s goal is good business, and to do good by empowering entrepreneurs to transform the cities and townships of South Africa. We are confident that the nCino solution will provide the flexibility and scalability we need to achieve our growth ambitions,” said Paul Jackson, CEO at TUHF. “We anticipate that the partnership with nCino will drive significant value for our clients while enabling us to stay aligned to our core values.”

TUHF sought an end-to-end technology partner that would provide cloud-native journeys for its clients and employees, helping to consolidate and streamline the lending process. nCino provides transparency and 360 customer view, offering a single source of truth across all stages of the lending journey, including loan origination, underwriting, credit sanctioning, disbursement, and in-life-cycle management.

“We’re excited to equip TUHF with the technology it needs to make a greater impact on the communities it serves,” said Kate Jane Johnsen, Regional Vice President at nCino. “As an agile solution, we trust that the nCino platform will deliver value to TUHF for many years to come, empowering the institution to improve its competitive advantage and continue making human connections with their clients who seek to make positive social impacts across South Africa.”

About nCino
nCino (NASDAQ: NCNO) is the worldwide leader in cloud banking. Built by bankers for bankers, the nCino cloud banking platform is a single, multi-tenant software-as-a-service (SaaS) solution that helps financial institutions modernize, innovate and outperform. A pioneer in the global financial services industry, nCino is a proven partner that has helped more than 1,850 financial institutions of all sizes and complexities, including global CIBs; enterprise, regional and community banks; credit unions; new market entrants; and independent mortgage banks power distinctive experiences, drive growth efficiencies, and run with full integrity. For more information, visit www.ncino.com.

About TUHF
TUHF Limited is a commercial property financier that provides specialised financial services and solutions to its clients in affordable rental housing in the large metropolitans across South Africa, based on the Group’s in-depth market knowledge and targeted business model.

Through its inclusive growth and transformation objectives, TUHF’s financial services and solutions are purposely designed to finance in-city and township property entrepreneurs, who understand these markets and have a strong appetite to grow their property portfolios, generate wealth, and contribute to urban densification and regeneration. To date, TUHF has financed over R7 billion in affordable residential rental property – 46 374 units financed by TUHF from inception to 2023 - and has supported hundreds of successful property entrepreneurs in reaching their dreams of running sustainable residential rental businesses. www.tuhf.co.za

Media Contacts

nCino
Natalia Moose
+44 0 7825211135
natalia.moose@ncino.com

This press release contains forward-looking statements within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally include actions, events, results, strategies and expectations and are often identifiable by use of the words “believes,” “expects,” “intends,” “anticipates,” “plans,” “seeks,” “estimates,” “projects,” “may,” “will,” “could,” “might,” or “continues” or similar expressions. Any forward-looking statements contained in this press release are based upon nCino’s historical performance and its current plans, estimates, and expectations, and are not a representation that such plans, estimates, or expectations will be achieved. These forward-looking statements represent nCino’s expectations as of the date of this press release. Subsequent events may cause these expectations to change and, except as may be required by law, nCino does not undertake any obligation to update or revise these forward-looking statements. These forward-looking statements are subject to known and unknown risks and uncertainties that may cause actual results to differ materially including, among others, risks and uncertainties relating to the market adoption of our solution, competition, international expansion, and privacy and data security matters. Additional risks and uncertainties that could affect nCino’s business and financial results are included in reports filed by nCino with the U.S. Securities and Exchange Commission (available on our web site at www.ncino.com or the SEC's web site at www.sec.gov). Further information on potential risks that could affect actual results will be included in other filings nCino makes with the SEC from time to time.



TUHF Partners with nCino to Improve Its Competitive Edge and to Scale Efficiently

THỦ THUẬT HAY

Hướng dẫn tải file ISO của Windows 10 về máy tính

Dưới đây là các bước hướng dẫn để tải file ISO Windows 10 chính thức từ Microsoft về máy tính.

3 cách xem Căn cước công dân gắn chip làm xong chưa tại nhà cho bạn

Sau khi làm thẻ CCCD gắn chip đã lâu mà bạn vẫn chưa nhận được thẻ, thì có thể kiểm tra xem CCCD của mình đã làm rồi hay chưa. Đây là những cách xem Căn cước công dân làm xong chưa...

Hướng bật tính năng tự động dọn dẹp máy tính, xóa file rác trong Windows 10 Fall Creators Update

Windows 10 Fall Creators Update đã được tích hợp thêm tính năng mang tên Storage Sense. Tính năng này sẽ giúp tự động giải phóng dung lượng trên thiết bị của bạn bằng cách xóa các tệp tạm thời do phần mềm tạo ra và các

Cách chia nhiều màn hình để quản lý công việc trong Chrome

Thông thường, người dùng sẽ chọn cách nhấn tổ hợp phím để căn chỉnh chia màn hình. Tuy nhiên lại mất khá nhiều thời gian, nếu sử dụng công cụ thì chỉ mất thời gian tương đương với một click chuột.

Hàng loạt thủ thuật vui trên Google mà có thể bạn chưa biết!

Google có rất nhiều ứng dụng giúp ích rất nhiều cho người dùng, trong đó công cụ tìm kiếm Google chắc hẳn ai dùng Internet trong thời đại ngày nay cũng phải biết.

ĐÁNH GIÁ NHANH

So sánh Samsung Galaxy Watch4 và Watch4 Classic

Bộ đôi Galaxy Watch4 và Watch4 Classic vừa được Samsung trình làng vào giữa tháng 8 vừa qua. Đây cũng là hai smartwatch thế hệ mới nhất của hãng. Vậy giữa hai thiết bị này có gì khác biệt? Hãy cùng chúng tôi so sánh

Top 10 mẫu xe huyền thoại của Harley-Davidson

Dưới đây là top 10 mẫu xe huyền thoại được đánh giá cao nhất của Harley-Davidson theo bầu chọn của tạp chí Hot Cars 1. Harley-Davidson 11F 1915.2. Harley-Davidson XR750.3. Harley-Davidson EL Knucklehead 1936.4.

Toyota Rush 1.5 AT có những ưu, nhược điểm gì đáng chú ý

Được coi là chiếc xe đàn em của Innova, Toyota Rush 1.5 AT dành cho 7 người ngồi có đáng với mức giá 668 triệu đồng?