NETSOL Technologies, a provider of AI-enabled solutions and services powering OEMs, dealerships and financial institutions to sell, finance and lease assets, has signed a contract with BMO in the United States to use NETSOL’s Transcend Finance platform for its equipment finance portfolio.
In moving to NETSOL’s solution, BMO will manage equipment financing assets through the advanced capabilities of Transcend Finance. This contract marks BMO’s transition from NETSOL’s legacy LeasePak platform to Transcend Finance.
Designed for scalability and flexibility, Transcend Finance enables lenders, captives and commercial financiers to accelerate digital transformation, launch new business models and manage the complete finance lifecycle with intelligence and precision. This upgrade will position BMO at the forefront of digital asset finance solutions, driving agility and growth in a competitive marketplace.
“This upgrade with BMO is a testament to the enduring strength of our partnership and the unparalleled value NETSOL brings to one of the leading banks in North America,” Najeeb Ghauri, founder and CEO of NETSOL Technologies, said. “For over 30 years, NETSOL has been privileged to support BMO’s growth and innovation, delivering robust, reliable solutions. With the transition to our Transcend Finance platform, BMO is poised to unlock new levels of operational efficiency, risk management and customer engagement. This deal embodies our commitment to continuous innovation and client success. We are proud to support BMO as they lead the industry forward with a modern, flexible platform that empowers them to adapt quickly in an evolving market and deliver exceptional value to their customers.”
