NetSol Technologies

NETSOL Technologies Inc.

Company type	Public
Traded as	Nasdaq:  NTWK PSX:  NETSOL
Industry	Software
Founded	1996;29 years ago (1996)
Founder	Najeeb Ghauri Salim Ghauri Naeem Ghauri [1]
Headquarters	Encino, California, U.S.
Key people	Roger Almond (CFO) Erik Wagner (CMO)
Products	Asset finance and leasing software and digital retail software
Website	netsoltech.com

NETSOL Technologies Inc. is an American software company that provides technology solutions for the asset finance and leasing and automotive digital retail industries. ^{[2] [3]} It is based in Encino, California, United States. ^{[4] [5] [6]}

History

NETSOL Technologies was founded as Network Solutions in 1996 by Najeeb Ghauri, a Pakistani-born American executive with a background in the corporate sector and Salim Ghauri who worked as an IT consultant in Australia and Naeem Ghauri. ^{[6] [7] [8] [9]}

The company was listed on the Nasdaq in December 1999, under the ticker Nasdaq :  NTWK. ^{[10] [11]} As of 2025, NETSOL reports implementations in over 30 countries across four continents. ^{[12] [13] [7]}

In 2015, NETSOL signed a $100 million contract with a German captive auto finance client, covering multiple Asia-Pacific markets as well as South Africa. ^[14]

On January 21, 2020, NETSOL marked its 20th anniversary as a public company by ringing the NASDAQ closing bell at Times Square, New York. ^[15]

In 2024, NETSOL expanded its partnership with Chinese automaker, increasing its contract value to over US$30 million. ^[16]

In 2024, NETSOL Technologies introduced Otoz 2.0, which was used for MINI USA’s “MINI Anywhere” digital retail program and AutoNation Mobility’s micro-lease marketplace in California and Florida. ^[17]

In 2025, NETSOL Announced a partnership with Sonic Automotive to create a digital retail solution. ^[18]

Products and services

NETSOL develops and markets the Transcend Platform, a Information security, data engineering, and cloud computing services for the BFSI industry. The platform includes: ^{[19] [20] [21]}

• Transcend Retail – a digital retail system for vehicle and equipment sales.
• Transcend Finance – software for loan origination, servicing, and wholesale finance.
• Transcend Marketplace – modular, API-based finance and leasing tools.
• Transcend Consultancy – services in areas such as information security, data engineering, and cloud computing.
• Transcend AI Labs – integration of artificial intelligence tools for financial services, equipment leasing, and automotive companies.

References

1. "Uncommon success". The News International .
2. "NETSOL Technologies". Leasing Life. Retrieved 2025-09-04.
3. "This Pakistani bootstrapped his company all the way to IPO". The Express Tribune . January 19, 2016.
4. Report, Profit (December 20, 2020). "Netsol signs 'mystery' multi-million dollar agreement". Profit by Pakistan Today.
5. Hassan, Taimoor (December 3, 2018). "NETSOL stock riding high after key wins in signing new clients". Profit by Pakistan Today.
6. "How I Made It: Najeeb Ghauri, founder and CEO of NetSol Technologies". Los Angeles Times. October 13, 2013.
7. Moreau, Ron (March 26, 2006). "Promise in Pakistan". Newsweek.
8. "CNN.com - Pakistan's IT industry hurt and helped by attacks - October 9, 2001". CNN.
9. "Najeeb Ghauri". Los Angeles Times. Retrieved 2025-09-04.
10. "Pakistan-based software firm to go public in US". DAWN.COM. July 25, 2002.
11. "Netsol SEC". www.sec.gov. Retrieved 2025-09-04.
12. Research, B. R. (2025-08-05). "NetSol Technologies Limited". Brecorder. Retrieved 2025-09-04.
13. "NETSOL Technologies Inc". MonitorDaily. 2025-02-23. Retrieved 2025-09-04.
14. "NetSol signs new contract worth over $100 million". Brecorder. 2015-12-29. Retrieved 2025-09-04.
15. "Discover What's Possible with Our Unique Experience". cdn.pla3.com. Retrieved 2025-09-04.
16. Laverick, Lisa (2024-09-10). "NETSOL signs expansion agreement with major automaker". Asset Finance Connect. Retrieved 2025-09-04.
17. Zulovich, Nick (2024-02-12). "Fueled by Otoz 2.0, NETSOL highlights technology progress with AutoNation & MINI". Auto Remarketing. Retrieved 2025-09-04.
18. Zulovich, Nick (2025-08-26). "Sonic chooses NETSOL for 'discovery engagement' to enhance technology at EchoPark". Auto Remarketing. Retrieved 2025-09-04.
19. Laverick, Lisa (2024-10-08). "NETSOL unveils AI-powered Transcend platform". Asset Finance Connect. Retrieved 2025-09-04.
20. Gonzalez, Alejandro (2024-10-09). "NETSOL unveils AI-powered platform". Leasing Life. Retrieved 2025-09-04.
21. Zulovich, Nick (2025-03-17). "NETSOL rolls out Transcend AI Labs to build solutions for retail and finance industries". Auto Remarketing. Retrieved 2025-09-04.