Strong Subscription Revenue Growth
Subscription revenues increased by 16% year-over-year in Q4 to $125 million, and by 15% for the full fiscal year to $469.2 million.
International Revenue Surge
Non-U.S. total revenues were up 34% year-over-year in Q4, with a 38% increase in constant currency.
AI Banking Innovation
nCino is focusing on AI to improve efficiency with products like Banking Advisor, which has reduced banking processes from days to seconds.
New Customer Wins
nCino added over 20 new Consumer Lending deals in Q4, including two large banks with $50 billion and $80 billion in assets.
Expanding Product Offerings
nCino's acquisitions of DocFox, FullCircl, and others are expected to contribute positively to future financial performance and product offerings.