Technology NETSOL signs $12 million agreement with major global automotive company Published: 13th March 2024 Share NETSOL Technologies, Inc. has signed an agreement with a major global automotive company for its operations in China. The $12 million, five-year contract is for the deployment of NETSOL’s technology platform NFS Ascent. Najeeb Ghauri (pictured), Chief Executive Officer of NETSOL Technologies, Inc., commented, “This selection is a validation of the superior performance and reliability of our products, specifically NFS Ascent, a cutting-edge solution capable of supporting large clients on a global scale. “We’re energised by this contract with a leading automotive company in one of their key markets and look forward to providing support across their China-based operations.” NETSOL commenced implementation in the second quarter of fiscal 2024 and realised a portion of this contract in licensing fees during that quarter. Lisa Laverick Editor - Finance Connect Sign up to our newsletter Featured Stories TechnologyFastcheck strengthens lender network with Zopa Bank integration TechnologyCommercial Funding Partners selects LTi’s ASPIRE platform to support growth TechnologyFinclusion joins iVendi’s Finance Navigator platform
