NETSOL Deploys Transcend Finance Platform for Northridge Finance
etSol Technologies has announced the deployment of its Transcend Finance platform for Northridge Finance, a division of Bank of Ireland UK, to optimize its wholesale finance capabilities. "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."
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- Conference Call Announcement: NETSOL Technologies will hold a conference call on February 12, 2026, at 9:00 AM ET to discuss its financial results for Q2 FY2026, which ended on December 31, 2025, likely attracting significant interest from investors and analysts.
- Participant Access Information: Participants can join the call by dialing 1-877-407-0789 or 1-201-689-8562, and the call will be broadcast live with replay options available, ensuring that investors unable to attend in real-time can access critical information.
- Replay Details: Telephone replays will be available approximately three hours after the call ends, with dial-in numbers 1-844-512-2921 or 1-412-317-6671, expiring on February 26, 2026, at 11:59 PM ET, providing a convenient information retrieval channel for investors.
- Company Background: Since its inception in 1996, NETSOL Technologies has been dedicated to delivering cutting-edge solutions for the asset finance and leasing industry, serving automotive and equipment OEMs and financial institutions across over 30 countries, showcasing its deep industry expertise and commitment to customer-centric excellence.
- High-Tech Certification: NETSOL China's wholly-owned subsidiary, Tianjin Nuojin Zhicheng Technology Co., Ltd., has successfully achieved National High-Tech Enterprise certification, indicating authoritative validation of its core independent R&D capabilities and technological innovation system, thereby solidifying the company's technological foundation and compliance in the Chinese market.
- Enhanced Local R&D: The certification significantly strengthens NETSOL's R&D and delivery capabilities in China, enabling better support for customer needs regarding regulatory compliance, system stability, and continuous iteration, which in turn enhances customer satisfaction and market competitiveness.
- Unified Global Standards: Operating under a globally unified product architecture and technical standards, Tianjin Nuojin Zhicheng focuses on the automotive finance and leasing sectors, effectively implementing China-specific business rules and compliance requirements to ensure smooth project delivery and technical support.
- Strategic Market Positioning: NETSOL's success in China reflects its long-term commitment to building local technology capabilities aligned with global standards, and it looks forward to deeper collaboration with financial institutions, automotive groups, and industry partners to drive continuous innovation and stable market development.
- Executive Appointment: NETSOL Technologies has appointed Sardar Abubakr as Chief Financial Officer effective January 20, 2026, indicating a strategic shift in financial management aimed at enhancing transparency and operational efficiency.
- Current CFO Transition: Current CFO Roger K. Almond will transition to Chief Accounting Officer, overseeing global accounting operations and the preparation of Forms 10-Q and 10-K, ensuring compliance and accuracy in financial reporting.
- Extensive Industry Experience: Prior to joining NETSOL, Sardar Abubakr served as Vice President of New Business Ventures and M&A at Jazz, a subsidiary of VEON Group, where he led strategic transactions and major restructuring, which is expected to bring new growth opportunities and market insights to NETSOL.
- Future Outlook: This executive change not only reflects NETSOL's commitment to financial management but may also lay the groundwork for the company's strategic development and market expansion, enhancing its competitiveness in the digital ecosystem.
- Executive Change: NETSOL Technologies has appointed Sardar Abubakr as Chief Financial Officer, succeeding Roger Almond who will transition to Chief Accounting Officer, effective January 20, aiming to enhance the company's financial management capabilities.
- Extensive Experience: Abubakr brings over 20 years of international leadership experience, most recently serving as Vice President of New Business Ventures and M&A at Jazz, a subsidiary of VEON Group, and his extensive industry background is expected to provide strategic financial guidance for NETSOL.
- Market Reaction: Following the announcement, NTWK shares traded down 1.61% in pre-market activity on Nasdaq, reaching $3.05, reflecting a cautious market sentiment regarding the executive transition, which may impact investor confidence.
- Future Outlook: With the new CFO's appointment, NETSOL may adjust its financial strategies and business expansion plans to adapt to the changing market environment and enhance overall competitiveness.
Research Reports Overview: The Zacks Research Daily highlights new reports on 16 major stocks, including Walmart, Wells Fargo, and Thermo Fisher, along with two micro-cap stocks, showcasing unique research on smaller companies.
Walmart's Performance: Walmart has outperformed its industry with strong e-commerce growth and raised fiscal outlook, although it faces challenges from operating costs and market competition.
Wells Fargo's Growth Potential: Wells Fargo has seen strong earnings and growth opportunities following the removal of the asset cap, but it faces revenue pressures from mortgage banking and rising expenses.
Thermo Fisher's Innovations: Thermo Fisher has outperformed its sector through strategic innovations and acquisitions, although it faces liquidity concerns and market pressures from shifting U.S. policies.
- Nasdaq Bell Ringing: NETSOL Technologies' Founder and CEO Najeeb Ghauri will ring the Nasdaq Opening Bell on December 18, 2025, at Times Square, New York, to celebrate the company's 26th anniversary as a Nasdaq-listed entity, highlighting its significant contributions to global technology innovation.
- Technology Platform Development: Since its inception in 1996, NETSOL has focused on building world-class technology platforms that support lenders and automotive dealerships across over 30 countries, showcasing its deep industry expertise in asset sales, financing, and lifecycle management.
- Client Trust and Collaboration: Ghauri emphasized that this milestone is not only a personal achievement but a collective success for the NETSOL team and its clients, reinforcing the company's mission to simplify complex commerce through technology and solidifying long-term partnerships with clients.
- Future Outlook: By leveraging cloud-native and AI-driven platforms, NETSOL is committed to addressing the complex needs of the global market, demonstrating its dedication to technological leadership and sustainability, which signals strong growth potential for the future.









