Country for PR: United States
Contributor: PR Newswire New York
Wednesday, February 05 2020 - 08:30
AsiaNet
Funda Finance Partners Selects nCino to Transform its Business Lending
SYDNEY, Feb. 5, 2020 /PRNewswire-AsiaNet/ --

     -- Funda will utilize the nCino Bank Operating System to automate 
workflows and optimise its customer experience

nCino [ 
https://c212.net/c/link/?t=0&l=en&o=2710922-1&h=1899592987&u=https%3A%2F%2Fwww2.ncino.com%2Fl%2F25922%2F2019-12-13%2F7157nj&a=nCino 
], the worldwide leader in cloud banking, today announced that Funda Finance 
Partners [ 
https://c212.net/c/link/?t=0&l=en&o=2710922-1&h=2243320564&u=https%3A%2F%2Ffunda.com.au%2F&a=Funda+Finance+Partners 
], a Newcastle-based financial services provider primarily serving Australian 
small and medium-sized enterprises (SMEs), has chosen the nCino Bank Operating 
System [ 
https://c212.net/c/link/?t=0&l=en&o=2710922-1&h=3101924210&u=https%3A%2F%2Fwww2.ncino.com%2Fl%2F25922%2F2019-12-13%2F7157nl&a=Bank+Operating+System 
] to streamline its lending processes and enhance its customer experience. 
Funda will use nCino to gain efficiencies that benefit both their employees and 
customers.

Funda chose nCino after searching for a technology solution that could serve as 
a central repository of information for their loan application process, help 
automate tasks and determine application outcomes. nCino stood out not only for 
its industry experience and global footprint, but also for the flexibility of 
its Bank Operating System, which can be configured to suit the unique business 
requirements of any financial institution. Additionally, nCino's Customer 
Portal enables easy customer and broker interaction.

"As a customer-centric organisation that prides itself on being faster than a 
bank and financially fairer than other non-bank lenders, we see the investment 
in nCino as a way to improve our customer journey and more swiftly assess loan 
applications," said Mark Owen, Director at Funda Finance Partners. "With nCino, 
we will be able to deliver expedited levels of service and an efficient, 
dynamic customer experience that will allow our customers to interact with us 
in the way that is most convenient for them."

The nCino Bank Operating System will assist Funda with collecting and analysing 
data to reduce risk and inform smart decision-making. Because of the breadth of 
nCino's end-to-end solution, Funda will be able to expand its use of the 
platform as the business and market require. Additionally, the nCino Bank 
Operating System will provide Funda with document management, smart checklists 
and a centralised data location, which will enhance workflows and employee 
collaboration while simplifying employee tasks and improving the team's work 
environment.  

"We are excited to be partnering with Funda Finance Partners as they continue 
to assist Australian SMEs and expand more broadly into the commercial lending 
space," said Mark Bernhardi, general manager – Asia Pacific at nCino. "It's 
truly an honour to help Funda provide Australian businesses with loans that 
enable them to meet their full potential and thereby have such a positive 
impact on the Australian market."

About nCino
nCino is the worldwide leader in cloud banking. Its Bank Operating System 
improves employee efficiency while enhancing the customer experience for 
onboarding, loans and deposits across all lines of business. Transforming how 
financial institutions operate through innovation, reputation and speed, nCino 
works with more than 1,100 financial institutions globally whose assets range 
in size from $30 million to $2 trillion. A proven leader, nCino is part of the 
Forbes Cloud 100 and was named the #1 "Best Fintech to Work For" by American 
Banker. Follow @nCino or visit www.ncino.com.

About Funda Finance Partners 
Funda provide loans that assist Australian small-to-medium businesses to reach 
their potential. By offering fast and fair finance solutions to SME's, they 
provide their customers with a means for growth that they may otherwise not 
have had access to. Funda is faster than the bank. And more financially fair 
than other non-bank lenders. 

SOURCE:  nCino

CONTACT: Claire Sandstrom, nCino, +1 646.520.0710, csandstrom@mww.com, Natalia 
Moose, nCino, +1 910.248.4602, natalia.moose@ncino.com