TruePillars Live on nCino in 12 Weeks Following Joint

MELBOURNE, Australia and WILMINGTON, N.C., Sept. 07, 2021 (GLOBE NEWSWIRE) — nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced that TruePillars, a specialist SME lending company headquartered in Melbourne, Australia, is live on the nCino Bank Operating System®. TruePillars selected KPMG Australia as their delivery partner, who in conjunction with the nCino team in Australia, were able to transform the TruePillars’ lending process rapidly and get their users live on the nCino platform in only 12 weeks.

“As a start-up in the Australian financial services ecosystem, we knew we needed partners who could get us up and running quickly, who were flexible and who understood our business,” said John Baini, Co-Founder and CEO of TruePillars. “nCino and KPMG exceeded our expectations at every turn, from kick-off to go-live. The nCino platform is modern, highly flexible and configurable, and was delivered with speed and accuracy, making the entire implementation process as seamless as possible. We are looking forward to a long and successful partnership.”

Thanks to a rapidly growing client base, TruePillars needed a platform that would allow it to scale and support a higher volume of transactions without additional headcount. They also sought to streamline processes and workflow, approve loans more quickly and serve their diverse customer base more efficiently. TruePillars selected the nCino Bank Operating System – an end-to-end cloud-based platform that manages the entire loan lifecycle – to provide a more seamless lending experience for their clients, from loan origination to renewal, while maintaining strong credit oversight and suitable approval rates.

KPMG Australia has established an alliance with nCino to support Australian banking clients through the deployment of nCino’s Bank Operating System to provide a seamless experience across devices, channels and products while driving increased efficiency, transparency and regulatory compliance. With significant banking and technical expertise, KPMG led the implementation, working closely with TruePillars and nCino, to deliver an accelerated and out-of-the-box solution. The process included an integration with a leading e-signature provider to increase automation and improve the customer experience.

“nCino has always been laser-focused on transforming financial services through innovation, reputation and speed,” said Mark Bernhardi, General Manager of APAC at nCino. “This project, in particular, exemplifies that mission in action. We are thrilled to partner with TruePillars and KPMG, and we’re proud to have played our role in helping this company to achieve their vision of creating a lasting, positive impact on the Australian financial services landscape and providing a faster and easier lending experience for their clients.”

“We are incredibly proud of this project, as it demonstrates that digital transformation can be delivered at pace,” added Alex Moreno from KPMG. “Our banking and nCino expertise, supported by strong engagement from TruePillars’ senior management team, allowed us to work with nCino to execute with speed, control and operational excellence.”

About nCino
nCino (NASDAQ: NCNO) is the worldwide leader in cloud banking. The nCino Bank Operating System® empowers financial institutions with scalable technology to help them achieve revenue growth, greater efficiency, cost savings and regulatory compliance. In a digital-first world, nCino’s single digital platform enhances the employee and client experience to enable financial institutions to more effectively onboard new clients, make loans and manage the entire loan life cycle, and open deposit and other accounts across lines of business and channels. Transforming how financial institutions operate through innovation, reputation and speed, nCino works with more than 1,200 financial institutions globally, whose assets range in size from $30 million to more than $2 trillion. For more information, visit:


About TruePillars
Launched in 2016, TruePillars is Australia’s first online lending marketplace to offer retail and wholesale investors the opportunity to earn regular income by funding loans to local Australian businesses. In 2021, TruePillars commenced a partnership with Superseed Ventures, the venture capital arm of the Reece Group, an ASX 100 listed company.

About KPMG International
KPMG is a global organisation of independent professional services firms providing Audit, Tax and Advisory services. We operate in 147 countries and territories and have more than 219,000 people working in member firms around the world. Each KPMG firm is a legally distinct and separate entity and describes itself as such.

KPMG International Limited is a private English company limited by guarantee. KPMG International Limited and its related entities do not provide services to clients.

Media Contacts 

North America
Sutton Resler  
+1 571.236.4966
Catalina Garcia, nCino 
+61 418 215 423  

This press release contains forward-looking statements within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally include actions, events, results, strategies and expectations and are often identifiable by use of the words “believes,” “expects,” “intends,” “anticipates,” “plans,” “seeks,” “estimates,” “projects,” “may,” “will,” “could,” “might,” or “continues” or similar expressions. Any forward-looking statements contained in this press release are based upon nCino’s historical performance and its current plans, estimates, and expectations, and are not a representation that such plans, estimates, or expectations will be achieved. These forward-looking statements represent nCino’s expectations as of the date of this press release. Subsequent events may cause these expectations to change and, except as may be required by law, nCino does not undertake any obligation to update or revise these forward-looking statements. These forward-looking statements are subject to known and unknown risks and uncertainties that may cause actual results to differ materially including, among others, risks and uncertainties relating to the market adoption of our solution and privacy and data security matters. Additional risks and uncertainties that could affect nCino’s business and financial results are included in reports filed by nCino with the U.S. Securities and Exchange Commission (available on our web site at or the SEC’s web site at Further information on potential risks that could affect actual results will be included in other filings nCino makes with the SEC from time to time.

nCino Inc

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