$NTWK

NETSOL TECHNOLOGIES INC

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NETSOL Technologies (NASDAQ: NTWK) lands $50M, 4-year Transcend Finance extension

NETSOL Technologies (NASDAQ: NTWK) has secured a $50 million, four-year contract extension with a global auto captive, a partner since 1996. This agreement renews the use of Transcend Finance, covering maintenance and licensing fees, and is expected to support recurring revenue over its term. The extension reinforces NETSOL's long-standing strategic relationship and the continued operational use of Transcend Finance across 12 markets.