Northridge Finance goes live with NETSOL’s Transcend Finance platform

Northridge Finance, a division of Bank of Ireland UK, has officially launched NETSOL Technologies’ Transcend Finance platform.

The deployment is designed to enhance Northridge’s wholesale finance capabilities, providing advanced automation, faster processing, and improved dealer experiences.

“We are thrilled to announce that we have successfully implemented our Transcend Finance platform for Northridge Finance to underpin their growth strategy of their wholesale finance operations,” said Najeeb Ghauri, Founder and Chief Executive Officer of NETSOL Technologies Inc.

“Northridge have exciting plans and wanted differentiated and elevated capabilities in wholesale stocking. Transcend Finance gives them increased operational agility, automation, faster payments, robust risk management and a richer dealer experience they can use to grow their portfolio. We are excited to partner with them as they embrace the future of wholesale finance with our cutting-edge technology.”

Transcend Finance’s Wholesale Finance System is built to modernise and streamline dealer funding operations. The end-to-end platform automates the full wholesale finance lifecycle and offers distributors, dealers and supply chain partners tools to improve efficiency, strengthen control and support scalable growth.

Jason Hurwitz, Sales Director at NETSOL Technologies Europe, emphasized Northridge’s longstanding reputation and the significance of the partnership.

“Northridge Finance is one of the most dynamic and partner-focused finance houses in the United Kingdom and has been a reputed provider of financial services for over six decades,” Hurwitz said. “We’re immensely proud to partner with Northridge on their digital transformation journey. Our expertise in wholesale finance coupled with our innovative technology offers a comprehensive wholesale finance platform that drives business growth, adds material value to dealers and enhances the lender-dealer relationship.”

For Northridge, the platform rollout represents a key component of its modernisation initiatives and commitment to innovation.

“At Northridge, we are excited to deploy NETSOL’s Transcend Wholesale Finance platform which will help us in our transformation and growth journey,” said Spencer Halil, Managing Director of Northridge Finance.

“We were impressed with NETSOL’s innovative platform and approach which will enable us to strengthen our proposition to our dealers who will now be better connected through a platform which offers the flexibility and instant access, including a mobile app. At Northridge, premium dealer experiences are fundamental and aligned to Northridge’s values and proposition and we will continue to invest in innovation, including AI technology as we enhance our dealer offerings.”