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Credit unions seeking to modernize operations and improve efficiency stand to benefit from nCino’s acquisition of Sandbox Banking, a digital transformation leader specializing in financial services integration. The $52.5 million deal strengthens nCino’s ability to streamline data connectivity and accelerate digital projects, enabling credit unions and banks to seamlessly integrate core systems with third-party solutions.

Financial institutions often face challenges when implementing new technologies due to complex, time-consuming integration requirements. With Sandbox Banking’s Glyue® Integration Platform as a Service (iPaaS), nCino will offer an advanced hub to simplify data synchronization across onboarding, loan origination, account opening, and more. By reducing integration friction, this solution helps credit unions improve compliance, enhance efficiency, and accelerate service delivery.

“We’ve closely partnered with Sandbox Banking for years through many integration projects, so we’ve seen first-hand how this technology layer improves transparency, reduces integration friction, accelerates project timelines, and creates a hub for better data connectivity,” said Chris Gufford, Chief Product Officer at nCino. “Banks and credit unions face critical demands for operational efficiency and regulatory compliance. This acquisition gives nCino a better ability to empower these institutions with a flexible, reliable data environment for greater agility to quickly integrate third-party systems, AI, and new technologies without disruptions.”

Impact on Credit Unions

For credit unions, integrating new technologies can often be a costly and resource-intensive process. With this acquisition, nCino will provide access to prebuilt connectors for over 50 banking platforms, including lending, CRM, document management, KYC/AML, underwriting, mobile banking, and analytics.

“Today’s financial institutions are navigating complex challenges, from managing siloed data systems to launching tech-enabled products quickly. Our combined resources offer banks and credit unions practical tools to turn these challenges into opportunities for growth and customer delight,” said Ravi Balasubramanian, CEO & Co-founder of Sandbox Banking. “By reducing manual workflows and providing a seamless path to digital transformation, nCino and Sandbox Banking are making it simpler for financial institutions to remain agile, scalable, and competitive in the modern market. We’re excited to become a part of nCino and double down on that impact.”

With prebuilt integrations, AI-driven automation, and improved data connectivity, nCino’s expanded capabilities offer credit unions an opportunity to enhance their digital strategies while reducing IT costs and project timelines.

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Michael Ogden

Editor-in-Chief at CU Times. To connect, email at [email protected]. As Editor-in-Chief of CU Times since 2016, Michael Ogden has led the editorial team in all aspects of content strategy and execution, including the creation of the publication’s exclusive and proprietary research database of the credit union industry’s economic landscape. Under Michael’s leadership, CU Times has successfully shifted to an all-digital editorial product with new focuses on the payments, fraud, lending and regulatory beats. Most recently, he introduced a data-focused editorial product for subscribers that breaks down credit union issues into hard data, allowing for a deeper and more factual narrative for readers. In 2024, he launched the "Shared Accounts With CU Times" podcast, which offers a fresh, inside-the-newsroom perspective through interviews with leaders from the credit union industry and the regulatory world. He dives into pressing credit union issues, while revealing the personalities working behind-the-scenes to push the credit union world forward. His background includes years as a radio and TV anchor/reporter and a public relations and digital/social media manager, where he covered the food and music industries, as well as cooperatives and credit unions. Over the years, he has launched numerous exclusive video and podcast series, including a successful series of interactive backstage interviews with musicians at music festivals, showcasing his social media and live streaming production skills.