NETSOL Technologies, Inc. (Nasdaq: NTWK), a global leader in innovative asset finance and leasing solutions, today announced a strategic partnership with Sindbad Management SPC, a leading Muscat-based firm specializing in high-value asset financing for marine vessels, aircraft, machinery, and vehicles in Oman and beyond.
Under the terms of the agreement, Sindbad Management SPC will deploy NETSOL’s state-of-the-art Transcend Finance platform. This comprehensive solution, which integrates Point-of-Sale, Credit Underwriting, and Contract Management capabilities, is designed to streamline end-to-end operations. The contract features a scalable pricing model that adapts to increasing business volumes, enabling cost efficiencies and supporting expansion into multiple international markets.
“We are excited to mark our entry into the Middle East market with this significant partnership with Sindbad Management SPC,” said Najeeb Ghauri, Founder and CEO of NETSOL Technologies Inc. “By incorporating our Transcend Finance solution, we anticipate a marked improvement in operational efficiency, scalability, and customer service. This collaboration underscores the rising demand for advanced technology in the asset finance and leasing industry and sets a precedent for future endeavors in the region.”
The successful implementation of Transcend Finance is expected to serve as a benchmark for future collaborations, reinforcing NETSOL’s commitment to delivering world-class technology solutions that drive growth and innovation in the asset finance and leasing sectors.
