nCino, the worldwide leader in cloud banking, has agreed to acquire UK-based regtech platform FullCircl for $135 million, enhancing its regulatory and compliance automation capabilities for client onboarding and retention in the financial sector. The acquisition strengthens nCino’s foothold in the UK and Europe, building on an existing partnership where FullCircl’s data tools improved nCino’s client acquisition and compliance efficiency. nCino CEO Pierre Naudé views the acquisition as a strategic move to drive innovation in financial services, leveraging FullCircl’s expertise to streamline operations for regulated companies.
nCino to Acquire FullCircl for $135m
