nCino was founded in 2012 by a team of bankers and entrepreneurs who found the commercial lending process to be inefficient and time-consuming. Led by James (Chip) Mahan III, Chairman and CEO of Live Oak Bank, this team recognized the need for a single, comprehensive and secure cloud-based solution built on the Salesforce platform that would enable the bank to increase transparency, efficiency and profitability while ensuring regulatory compliance. The nCino Bank Operating System filled that void at Live Oak, and soon attracted interest from other financial institutions.