nCino, Inc. has announced a collaboration with Baghdadi Capital Group, which will utilize the nCino Platform to enhance its global operations and client onboarding processes as it expands into the Spanish market and across Europe.
Baghdadi Capital is an autonomous family office focused on working capital solutions for SMEs, aims to standardize its operations and improve governance using nCino's technology. With 2.5 billion euros financed to date, the firm seeks to streamline its factoring and trade finance operations, leveraging a unified platform to accelerate growth and better serve customers.
This collaboration emphasizes nCino's commitment to providing advanced financial technology to specialty finance providers, reinforcing its role in supporting SME growth across Europe.
This collaboration holds nCino's entry into the Spanish market, exploring its regional footprint and presence in continental Europe.
The selection of the nCino Platform by Baghdadi Capital demonstrates the platform's capability to streamline operations and support the growth of financial institutions, reinforcing nCino's reputation in the industry.
Working together with a leader like Baghdadi Capital, which has a commitment to innovative financial solutions for SMEs, strengthens nCino's credibility and relevance in the specialty finance sector.
In particular, this partnership highlights nCino's advances in E-banking by offering digital-first solutions that enhance operational efficiency and client experiences., nCino's integration of AI-driven chatbots for banking optimizes client onboarding and customer support, reflecting the growing trend towards intelligent automation in banking.
Executive Statement
According to Carlos Torrens, Chief Technology Officer of Baghdadi Capital, they are building the leading independent working capital finance servicer worldwide, and nCino will enable us to move quickly toward this goal. The platform allows them to standardize operations as they expand into new geographies. With nCino, they can scale efficiently across global markets while maintaining the operational consistency that's critical to our success.