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NETSOL Technologies, Inc. (NASDAQ:NTWK), a leader in AI-powered solutions and services enabling OEMs, dealerships and financial institutions to sell, finance and lease assets, has announced the signing of a multi-million-dollar contract with a top-tier auto captive finance company of Japanese origin in Australia.
The agreement, structured as a long-term five-year contract on a monthly recurring revenue model, similar to other large customers in the region, covers the deployment of NETSOL's flagship Transcend Finance platform across operations in Australia and New Zealand.
NETSOL has a long-standing global relationship with the customer dating back to 2008, providing mission-critical solutions across multiple regions. This new engagement builds on that history of collaboration and reflects the confidence the longstanding customer has in NETSOL's ability to deliver stability, innovation and long-term value.
NETSOL's Transcend Finance, with its integrated retail and wholesale solutions, provides end-to-end lifecycle management, flexible digital engagement and robust compliance features to automotive finance companies and captives worldwide. Designed for scalability, the platform will enable the customer to improve time-to-market, strengthen dealer relationships and enhance the customer journey across both Australia and New Zealand.
In addition to NETSOL's standard implementation services, the engagement will also include a specialized on-site team dedicated to supporting the auto captive's internal teams throughout the project. This approach will allow the client to remain focused on day-to-day operations. At the same time, NETSOL provides additional support across all phases of the implementation, ensuring a seamless rollout and strong alignment at every project stage.
Posted In: NTWK