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NETSOL signs multi-million-dollar agreement with Sindbad Management SPC in Oman for the implementation of Transcend Finance
NetSolNetSol(US:NTWK) Globenewswireยท2025-02-27 13:30

Company Overview - NETSOL Technologies, Inc. is a global leader in providing advanced solutions for the asset finance and leasing industry, serving automotive and equipment OEMs, auto captives, and financial institutions across over 30 countries [5] - The company has been at the forefront of technology since its inception in 1996, focusing on innovations in asset finance solutions and utilizing advanced AI and cloud services to meet global market needs [5] Recent Developments - NETSOL has signed a contract with Sindbad Management SPC, a major asset financing and leasing company based in Muscat, Oman, marking a significant entry into the Middle East market [1][4] - The agreement involves the deployment of NETSOL's Transcend Finance, which encompasses Point-of-Sale, Credit Underwriting, and Contract Management for end-to-end operations [2] Strategic Insights - The customer opted for a scalable pricing model that aligns with their business growth, ensuring flexibility and cost efficiency as operations expand into multiple countries [3] - The CEO of NETSOL emphasized that this strategic agreement reflects the increasing demand for innovative technology in the asset finance and leasing sector, aiming to enhance operational efficiency and customer service for Sindbad Management SPC [4]