nCino, a cloud-based banking and fintech company, announced the acquisition of DocFox, a provider of automated onboarding solutions for commercial and business banking. The deal’s financial terms, set to close in March, have not been disclosed. DocFox’s technology streamlines and automates the onboarding and account opening processes, reducing them from weeks to days (or even hours). By integrating with nCino, the new offering aims to provide a comprehensive platform for managing the entire client lifecycle, from information intake to due diligence.
nCino To Buy DocFox For Undisclosed Sum
