Baghdadi Capital Group Selects nCino to Power Global Growth and Expansion Strategy

nCino enters Spanish market with leading trade and working capital company, further expanding its presence in continental Europe

WILMINGTON, N.C., Oct. 09, 2025 (GLOBE NEWSWIRE) -- nCino, Inc. (NASDAQ: NCNO), the leading provider of intelligent, best-in-class banking solutions, today announced that Baghdadi Capital Group has selected the nCino Platform to standardize and automate its global operations, streamline client onboarding, and support its international expansion across key markets for its non-bank financial firm Trade & Working Capital (TWC), Higher Bridge Capital (HBC) and Tamwuil. This partnership marks nCino’s entry into the Spanish market and further expands the company’s presence in continental Europe.

Baghdadi Capital is the global independent family office founded by Baihas Baghdadi. Specialized in working capital, factoring and selective strategic investments, the firm was founded in 2019, to complement traditional banking with innovative working capital solutions for SMEs.

With 2.5 billion euros financed to date, Baghdadi Capital needed a unified platform with the capability to optimize operations across geographies, integrate multiple business models and implement adequate governance and compliance procedures, while maintaining the speed and flexibility that differentiate it from traditional banks.

With the nCino Platform, Baghdadi Capital will streamline onboarding and origination across its factoring, reverse factoring and trade finance operations. By leveraging a single platform rather than managing multiple point solutions, Baghdadi Capital can accelerate its implementation timeline, seamlessly integrate companies and focus resources on serving customers and entering new markets.

"We're building the leading independent working capital finance servicer worldwide, and nCino will enable us to move quickly toward this goal," said Carlos Torrens, Chief Technology Officer of Baghdadi Capital. "The platform allows us to standardize operations as we expand into new geographies. With nCino, we can scale efficiently across global markets while maintaining the operational consistency that's critical to our success.”

The adoption of the nCino Platform further demonstrates Baghdadi Capital’s commitment to leveraging advanced technology to enhance operational efficiency and client service. Through AI-driven automation and integrated processes, Baghdadi Capital can provide cutting-edge financial solutions that empower SMEs to grow while maintaining rigorous standards of consistency and reliability across international markets.

“Entering the Spanish market with a customer like Baghdadi Capital—a leader in working capital finance with a clear international growth trajectory—is tremendously exciting for nCino," said Joaquin de Valenzuela, Managing Director of EMEA at nCino. “Specialty finance providers like Baghdadi Capital are playing an increasingly vital role in supporting SME growth across Europe, and they need the same enterprise-grade technology that powers the world's largest banks. We’re proud to be the platform of choice for so many of the institutions driving the industry today.”

nCino offers AI-powered solutions across commercial onboarding and lending, SME banking, and mortgage lending, helping financial institutions automate processes, reduce operational inefficiencies through augmentation, and deliver personalized, intelligent client experiences.

About nCino

nCino (NASDAQ: NCNO) is powering a new era in financial services. The Company was founded to help financial institutions digitize and reengineer business processes to boost efficiencies and create better banking experiences. With over 2,700 customers worldwide - including community banks, credit unions, independent mortgage banks, and the largest financial entities globally - nCino offers a trusted platform of best-in-class, intelligent solutions. By integrating artificial intelligence and actionable insights into its platform, nCino is helping financial institutions consolidate legacy systems to enhance strategic decision-making, improve risk management, and elevate customer satisfaction by cohesively bringing together people, AI and data. For more information, visit www.ncino.com.

About Baghdadi Capital (TWC)

Baghdadi Capital is the global independent family office founded by the Spanish businessman, Baihas Baghdadi, specialized in working capital, factoring and selective strategic investments.

The Group is executing a diversification strategy by acquiring participations in factoring and specialty finance companies across selected geographies, aiming to build the largest global independent working-capital finance platform worldwide.

Through its subsidiary TWC (Trade & Working Capital), Baghdadi Capital already manages the largest book in Spain, focusing on developing fully fledged entities in all major core markets, including the U.S.–Latin America, the U.K.–Ireland, Southern Europe, Central Europe, as well as Singapore and Hong Kong in APAC.

Currently managed circa 2.5 billion euros in assets, Baghdadi Capital positions itself as the strategic partner of reference for medium and large companies, offering complementary financing solutions tailored to real operational liquidity needs.

For more information: https://baghdadicapital.com/

Media Contact
Mara D’Auria
press@ncino.com

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