NETSOL EMPOWERING THE FUTURE OF AUTO FINANCE

NetSol Technologies Limited (NETSOL) announced that “NETSOL Technologies Limited has signed a $50 million (approximately) contract extension with a tier-one global auto captive, a long-standing customer with whom the company has maintained a strategic partnership since 1996. The agreement extends the customer’s use of Transcend Finance and includes maintenance and licensing fees for another four years.

The new contract builds on NETSOL‘s earlier multi-country engagement, originally announced in 2015, when a contract was signed for over $100 million, under which NETSOL successfully implemented its platform across 12 markets.

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With this extension, the customer secures ongoing access to Transcend Finance’s end-to-end lease and loan lifecycle capabilities, ensuring continued operational scalability and adherence to evolving regulatory and market demands.

NETSOL share price was 136.35 today.

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