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Live Oak Bank sends signal to fintech with high-profile addition to C-suite

Live Oak Bank sends signal to fintech with high-profile addition to C-suite
bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.

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Live Oak Bank, spin-off nCino accused of illegal no-poach deal - Triangle Business Journal

Live Oak Bank, spin-off nCino accused of illegal no-poach deal - Triangle Business Journal
bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.

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New office building planned at nCino HQ

By
Cece Nunn, posted
Jan 28, 2021
Site plans were submitted to the city of Wilmington for another 90,000-square-foot building on the same property as nCino s existing headquarters on Parker Farm Drive. (File photo)
Developers are planning another 90,000-square-foot office building for Wilmington-based banking software firm nCino, according to site plans submitted to the city of Wilmington.
The new building would be the same size as nCino s current headquarters at 6770 Parker Farm Drive and adjacent to it, along Cavalier Drive by Mayfaire Community Center, the site plans by LS3P show.
The plans suggest the firm, which has about 700 employees in Wilmington, expects to continue to grow. nCino, a spinoff of Wilmington-based Live Oak Bank, was founded in late 2011 and debuted on the Nasdaq in July last year. ....

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2020 in review: A look at the pandemic's impact

By
Cece Nunn, posted
Dec 18, 2020
It was the worst of times, it was the weirdest of times. It was 2020, the year of the coronavirus pandemic.
For many small business owners in the region – especially those dependent on visitors and indoor operations – impacted by restrictions to slow the virus’s spread, 2020 was a year of tough decisions. Along those lines, Kris Testori ended up shutting down her Wilmington escape room business because of COVID-19.
Operating Port City Escape, where people would come together to solve puzzles that would allow them to “escape” different scenarios, didn’t seem safe anymore. Testori’s husband, Doug, would know firsthand: before he retired, he was an oncologist, treating people whose immune systems were compromised. ....

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