NETSOL Technologies Limited (PSX: NETSOL) has reinforced its long-standing partnership with a tier-one global auto captive by signing a contract extension valued at approximately $50 million. The agreement, announced on December 17, 2025, marks a continuation of collaboration that spans nearly three decades, reflecting NETSOL’s established presence in the global automotive finance software market. The contract ensures the client’s continued use of NETSOL’s flagship Transcend Finance platform for an additional four years, encompassing both maintenance and licensing services.
According to a notice submitted to Pakistan Stock Exchange, the customer has been leveraging NETSOL’s solutions since 1996, making the partnership one of the longest-running collaborations in the automotive finance software sector. The latest extension builds upon a previously signed multi-country contract exceeding $100 million in 2015, under which NETSOL successfully deployed its platform across 12 international markets. This track record highlights the company’s ability to deliver robust and scalable financial software solutions for automotive finance operations on a global scale.
The renewed agreement will enable the client to continue utilizing Transcend Finance’s comprehensive capabilities for end-to-end lease and loan lifecycle management. The platform provides critical tools for managing leasing and loan processes, from origination to settlement, including advanced reporting, risk management, and compliance features. By extending the contract, NETSOL strengthens its strategic footprint in the automotive finance domain, ensuring continuity of service and demonstrating the reliability of its technology solutions.
Industry analysts note that this contract extension underscores NETSOL’s strong competitive position in the international automotive software market. The company has consistently demonstrated expertise in implementing solutions that cater to the complex needs of auto captives and financial institutions across different geographies. By maintaining long-term relationships with high-profile clients, NETSOL continues to reinforce its reputation for providing reliable, scalable, and technologically advanced financial software systems that support business growth and operational efficiency.
The $50 million extension further signals confidence from global clients in NETSOL’s ability to adapt and innovate within the fast-evolving automotive finance sector. With this agreement, the company not only sustains its ongoing revenue streams but also strengthens its presence in key international markets. The continued adoption of Transcend Finance by a long-standing client illustrates the platform’s enduring relevance and capability to address the complex requirements of global automotive financial operations.
Overall, NETSOL Technologies’ latest contract extension demonstrates the company’s sustained leadership in automotive finance software, solidifying its position as a trusted provider of end-to-end solutions for auto captives worldwide. By leveraging its technological expertise and long-term partnerships, NETSOL is poised to continue supporting the growth and operational efficiency of global automotive finance clients.
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