STOCK TITAN

Charles & Dean Finance Subscribe to Appex Now Products Flex and Dock

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Positive)
Tags

NETSOL Technologies, Inc. (Nasdaq: NTWK) has announced that Charles & Dean Finance, a UK-based award-winning specialist finance brokerage, has subscribed to two products from NETSOL's new API-first Appex Now marketplace: Flex and Dock. Flex is an instant, cloud-based calculation engine for accurate calculations throughout the contract lifecycle. Dock is a centralized document generation tool with template-based configuration for quick document creation.

NETSOL's CEO, Najeeb Ghauri, emphasized the agility and simplicity of their API-first products as game-changers for businesses. Tom Perkins, Director at Charles & Dean Finance, expressed excitement about integrating these solutions into their business processes, citing their versatility and seamless integration as ideal for their fast-paced and diverse client network.

Loading...
Loading translation...

Positive

  • NETSOL secured a new client, Charles & Dean Finance, for its Appex Now marketplace products
  • The deal involves two API-first products: Flex and Dock, showcasing NETSOL's innovative offerings
  • Potential for increased revenue and market presence in the UK's credit, finance, and leasing industry

Negative

  • None.

News Market Reaction 1 Alert

+2.14% News Effect

On the day this news was published, NTWK gained 2.14%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

The UK-based award-winning specialist finance brokerage has opted for two of NETSOL’s API-first products from the Appex Now marketplace

ENCINO, Calif., Aug. 01, 2024 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), a global leader in delivering state-of-the-art solutions for the asset finance and leasing industry, has announced that Charles & Dean Finance has signed up for two products from Company’s new API-first Appex Now marketplace – Flex and Dock.

Flex, the first product offering from Appex Now, is an instant, cloud-based calculation engine which guarantees swift and accurate calculations at all stages of the contract lifecycle through various calculation types.

Dock is a centralized document generation tool with template-based configuration and simple syntax, which allows users to create accurate documents in seconds.

“We are thrilled to partner with Charles & Dean Finance, a specialist finance brokerage with in-depth expertise in both business and vehicle finance,” said Najeeb Ghauri, Founder and Chief Executive Officer of NETSOL Technologies Inc. “The agility and simplicity of our API-first products have become a game-changer, empowering businesses to swiftly leverage our offerings and derive immediate value.”

Tom Perkins, Director at Charles & Dean Finance, stated, “NETSOL is a well-known brand in the UK’s credit, finance and leasing industry known for its cutting-edge technological solutions, and we’re excited to be integrating Flex and Dock into our business processes. The versatility and seamless integration,and quick onboarding of these API-first solutions are ideally suited for our fast-paced and diverse client network, and we look forward to leveraging these new capabilities in a rapidly growing market.”

About NETSOL Technologies
NETSOL Technologies is a global leader in delivering state-of-the-art solutions for the asset finance and leasing industry, serving automotive OEMs, autocaptives and financial institutions across over 30 countries. Since its inception in 1996, NETSOL has been at the cutting edge of technology, pioneering innovations with its asset finance solutions and leveraging advanced AI and cloud services to meet the complex needs of the global market. Renowned for its deep industry expertise, customer-centric approach and commitment to excellence, NETSOL fosters strong partnerships with its clients, ensuring their success in an ever-evolving landscape. With a rich history of innovation, ethical business practices and a focus on sustainability, NETSOL is dedicated to empowering businesses worldwide, securing its position as the trusted partner for leading firms around the globe.

About Charles & Dean
With offices in Stamford and London, Charles & Dean are an award-winning specialist finance brokerage, committed to opening a door of possibilities for their clients. Over the last decade, the company has supported over 6000 businesses and individuals.

Forward-Looking Statements
This press release may contain forward-looking statements relating to the development of the Company's products and services and future operation results, including statements regarding the Company that are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected. The words “expects,” “anticipates,” variations of such words, and similar expressions, identify forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, but their absence does not mean that the statement is not forward-looking. These statements are not guarantees of future performance and are subject to certain risks, uncertainties, and assumptions that are difficult to predict. Factors that could affect the Company's actual results include the progress and costs of the development of products and services and the timing of the market acceptance. The subject Companies expressly disclaim any obligation or undertaking to update or revise any forward-looking statement contained herein to reflect any change in the company's expectations with regard thereto or any change in events, conditions or circumstances upon which any statement is based.

Investor Relations Contact:

Investor Relations
(818) 222-9195
investors@netsoltech.com


FAQ

What products did Charles & Dean Finance subscribe to from NETSOL Technologies (NTWK)?

Charles & Dean Finance subscribed to two products from NETSOL's Appex Now marketplace: Flex, a cloud-based calculation engine, and Dock, a centralized document generation tool.

What is the significance of NETSOL's (NTWK) Appex Now marketplace?

Appex Now is NETSOL's new API-first marketplace, offering products like Flex and Dock that provide agile and simple solutions for businesses in the asset finance and leasing industry.

How might this partnership impact NETSOL Technologies' (NTWK) market position?

This partnership could strengthen NETSOL's position in the UK's credit, finance, and leasing industry, potentially leading to increased revenue and market presence through the adoption of its API-first products.

What are the key features of NETSOL's (NTWK) Flex product?

Flex is an instant, cloud-based calculation engine that provides swift and accurate calculations at all stages of the contract lifecycle through various calculation types.
Netsol Technologies Inc

NASDAQ:NTWK

NTWK Rankings

NTWK Latest News

NTWK Latest SEC Filings

NTWK Stock Data

36.57M
9.99M
20.59%
21.88%
0.12%
Software - Application
Services-prepackaged Software
Link
United States
ENCINO,