Scottish challenger Alba Bank taps nCino to power SME lending

  • Scottish challenger Alba Bank selects nCino’s cloud banking platform for SME lending in the UK.
  • Integrated into its core banking engine (provided by Mambu), Alba will use nCino’s platform for loan applications, monitoring, and digital loan decisions.
  • Expects increased automation for underwriters, speeding up loan disbursals.
  • The partnership, pending regulatory approval, follows Alba’s Authorised with a Restrictions banking license in March.
  • Launched in 2019, Alba initially used Temenos before switching to Mambu in October.
  • Strengthened senior leadership in September and enhanced SME payment capabilities through the ClearBank partnership.
  • Alba’s Chief Risk Officer sees the nCino partnership as crucial for end-to-end lending, enabling scalability and agility.
  • Alba joins other institutions like OneSavings Bank and Bendigo in adopting nCino’s core technology.

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