Leading Chinese Auto Finance Provider Transitions to NETSOL’s Transcend Finance Platform as Part of Multimillion-Dollar Agreement
NETSOL Technologies Inc. (NTWK)
Last netsol technologies inc. earnings: 2/12 08:00 am
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Source: GlobeNewswire
ENCINO, Calif., Oct. 16, 2024 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), the global leader in delivering state-of-the-art solutions for the asset finance and leasing industry, has announced that a renowned provider of automotive financial services across China and longstanding partner of the Company has gone live with NETSOL’s Transcend Finance Platform as part of a multimillion-dollar agreement. The Guangzhou-based customer, who has been a partner of NETSOL since 2009, decided to upgrade to the Company’s Transcend Finance Platform to upgrade and manage their retail and wholesale operations. This includes Omni Point of Sale (Omni POS) and Contract Management System (CMS) for retail operations, and Wholesale Finance System (WFS) for wholesale. The transition also includes an end-to-end migration – one of the largest volumes migrated by NETSOL in China at over three million contracts. “This customer, which is a major player in the Chinese auto finance sector, has
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News
- NETSOL to Participate in the iAccess Alpha Virtual Best Ideas Winter Conference 2024 [Yahoo! Finance]Yahoo! Finance
- NETSOL to Participate in the iAccess Alpha Virtual Best Ideas Winter Conference 2024GlobeNewswire
- NetSol Reports Y/Y Revenue Growth in Q1 but Faces Earnings Challenges [Yahoo! Finance]Yahoo! Finance
- NetSol Technologies, Inc. (NASDAQ: NTWK) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
- NetSol Technologies First Quarter 2025 Earnings: EPS: US$0.006 (vs US$0.003 in 1Q 2024) [Yahoo! Finance]Yahoo! Finance
NTWK
Sec Filings
- 11/13/24 - Form 8-K
- 11/13/24 - Form 10-Q
- 11/7/24 - Form 4
- NTWK's page on the SEC website