Wilmington, North Carolina-based nCino, a provider of cloud-based bank operating solutions for the financial services sector, has appointed Jeff Babka as chief financial officer. Previously, Babka was a venture partner at Insight Venture Partners, one of nCino’s investors. The firm’s backers also include Wellington Management Company LLP.
WILMINGTON, N.C.–(BUSINESS WIRE)–nCino, the worldwide leader in cloud banking, today announced that Jeff Babka has joined the company as chief financial officer. A seasoned financial executive, Babka brings more than 40 years of experience in financial and operational management with a specific focus in the technology and software industries.
“With Jeff, we have found the ideal CFO to bring nCino to the next phase of our growth and evolution,” said Pierre Naudé, CEO of nCino. “His experience, leadership and expertise will be instrumental as we prepare to enter our fifth year and continue working to achieve our mission of transforming financial services through innovation, reputation and speed.”
Prior to joining nCino, Babka was a venture partner at Insight Venture Partners, a global private equity firm. In this role, he worked with Insight’s portfolio company executives to drive operating efficiency and process improvement in their business and maximize returns for their investors in both public market and private liquidity events. Previously, he was CFO of Applied Predictive Technologies (APT), the world’s largest purely cloud-based predictive analytics software company, which was acquired by MasterCard in May 2015. Before that, from 2005 through 2009, Babka served as CFO of NeuStar, Inc., where he led the company’s highly-successful IPO and listing on the NYSE in June 2005 (NSR); NeuStar was awarded “IPO of the Year” by International Financing Review and Renaissance Capital. Babka received a Master’s of Business Administration from Manhattan College and is a Magna Cum Laude graduate of the University of Dayton.
“I am thrilled to join nCino at this exciting time and help the team deliver on its mission and vision for the future,” said Babka. “I have spent most of my career in the software industry and have rarely come across a company that has experienced the level of growth nCino has in such a short time – over 1,800% in a three-year period. nCino has a transformative product and a strong, innovative culture and I am delighted to be a part of it.”
nCino is the worldwide leader in cloud banking. With its Bank Operating System, built on the Salesforce platform, financial institutions can deliver the speed and digital experience that customers expect, backed by the quality and transparency that bankers need. Follow @nCino or visit www.ncino.com.