NETSOL Announces New Strategic Partner Hiltermann as Part of Ongoing European Expansion
NETSOL Technologies, Inc. (Nasdaq: NTWK) has announced a strategic partnership with Hiltermann, a Netherlands-based specialist lender in the leasing and financing industry. Hiltermann has implemented NETSOL's Wholesale Finance System (WFS), a white label lending platform that enhances their competitive offerings in the asset finance and leasing market.
This partnership marks NETSOL's first strategic move in the Netherlands, supporting their broader European expansion strategy. NETSOL's API-enabled technology allows Hiltermann to improve dealership collaboration, enhance customer relationships, and gain competitive advantages. The stock financing solution integrates with local market infrastructure, facilitating automation and scalability.
The implementation was completed in just 5 months, showcasing NETSOL's expertise in the asset finance and leasing market. The cloud-based technology ensures future scalability and flexibility for Hiltermann's operations.
NETSOL Technologies, Inc. (Nasdaq: NTWK) ha annunciato una partnership strategica con Hiltermann, un prestatore specializzato con sede nei Paesi Bassi nel settore del leasing e del finanziamento. Hiltermann ha implementato il Wholesale Finance System (WFS) di NETSOL, una piattaforma di prestito white label che migliora le loro offerte competitive nel mercato del finanziamento degli attivi e del leasing.
Questa partnership segna il primo passo strategico di NETSOL nei Paesi Bassi, sostenendo la loro più ampia strategia di espansione europea. La tecnologia abilitata API di NETSOL consente a Hiltermann di migliorare la collaborazione con i concessionari, potenziare le relazioni con i clienti e ottenere vantaggi competitivi. La soluzione di finanziamento azionario si integra con l'infrastruttura di mercato locale, facilitando l'automazione e la scalabilità.
L'implementazione è stata completata in soli 5 mesi, dimostrando l'expertise di NETSOL nel mercato del finanziamento degli attivi e del leasing. La tecnologia basata sul cloud garantisce futura scalabilità e flessibilità per le operazioni di Hiltermann.
NETSOL Technologies, Inc. (Nasdaq: NTWK) ha anunciado una asociación estratégica con Hiltermann, un prestamista especializado con sede en los Países Bajos en la industria de arrendamiento y financiamiento. Hiltermann ha implementado el Wholesale Finance System (WFS) de NETSOL, una plataforma de préstamos de etiqueta blanca que mejora sus ofertas competitivas en el mercado de financiamiento de activos y arrendamiento.
Esta asociación marca el primer movimiento estratégico de NETSOL en los Países Bajos, apoyando su estrategia de expansión más amplia en Europa. La tecnología habilitada por API de NETSOL permite a Hiltermann mejorar la colaboración con los concesionarios, mejorar las relaciones con los clientes y obtener ventajas competitivas. La solución de financiamiento de acciones se integra con la infraestructura del mercado local, facilitando la automatización y escalabilidad.
La implementación se completó en solo 5 meses, mostrando la experiencia de NETSOL en el mercado de financiamiento de activos y arrendamiento. La tecnología basada en la nube asegura escalabilidad y flexibilidad futuras para las operaciones de Hiltermann.
NETSOL Technologies, Inc. (Nasdaq: NTWK)는 네덜란드에 본사를 둔 금융 및 리스 산업의 전문 대출업체인 Hiltermann과 전략적 파트너십을 발표했습니다. Hiltermann은 NETSOL의 Wholesale Finance System (WFS)를 구현하였으며, 이는 그들의 자산 금융 및 리스 시장에서 경쟁력을 강화하는 화이트 라벨 대출 플랫폼입니다.
이번 파트너십은 NETSOL의 네덜란드에서의 첫 번째 전략적 움직임으로, 더 넓은 유럽 확장 전략을 지원합니다. NETSOL의 API 지원 기술은 Hiltermann이 대리점 협력을 개선하고, 고객 관계를 향상하며, 경쟁 우위를 확보할 수 있도록 합니다. 주식 금융 솔루션은 현지 시장 인프라와 통합되어 자동화 및 확장성을 촉진합니다.
구현은 단 5개월 만에 완료되어, 자산 금융 및 리스 시장에서 NETSOL의 전문성을 보여주었습니다. 클라우드 기반 기술은 Hiltermann의 운영에 대한 미래의 확장성과 유연성을 보장합니다.
NETSOL Technologies, Inc. (Nasdaq: NTWK) a annoncé un partenariat stratégique avec Hiltermann, un prêteur spécialisé basé aux Pays-Bas dans l'industrie du leasing et du financement. Hiltermann a mis en œuvre le Wholesale Finance System (WFS) de NETSOL, une plateforme de prêt en marque blanche qui améliore ses offres concurrentielles sur le marché du financement d'actifs et du leasing.
Ce partenariat marque le premier mouvement stratégique de NETSOL aux Pays-Bas, soutenant sa stratégie d'expansion européenne plus large. La technologie API de NETSOL permet à Hiltermann d'améliorer la collaboration avec les concessionnaires, d'optimiser les relations avec les clients et d'acquérir des avantages concurrentiels. La solution de financement par actions s'intègre à l'infrastructure du marché local, facilitant l'automatisation et la scalabilité.
L'implémentation a été achevée en seulement 5 mois, mettant en valeur l'expertise de NETSOL sur le marché du financement d'actifs et du leasing. La technologie basée sur le cloud assure une scalabilité et une flexibilité futures pour les opérations de Hiltermann.
NETSOL Technologies, Inc. (Nasdaq: NTWK) hat eine strategische Partnerschaft mit Hiltermann angekündigt, einem in den Niederlanden ansässigen spezialisierten Kreditgeber in der Leasing- und Finanzierungsbranche. Hiltermann hat das Wholesale Finance System (WFS) von NETSOL implementiert, eine White-Label-Darlehensplattform, die ihre Wettbewerbsangebote im Bereich Asset-Finance und Leasing verbessert.
Diese Partnerschaft markiert NETSOLs ersten strategischen Schritt in den Niederlanden und unterstützt deren umfassendere europäische Expansionsstrategie. Die API-fähige Technologie von NETSOL ermöglicht es Hiltermann, die Zusammenarbeit mit Händlern zu verbessern, die Kundenbeziehungen zu stärken und Wettbewerbsvorteile zu erlangen. Die Aktienfinanzierungslösung integriert sich in die lokale Marktinfrastruktur und erleichtert Automatisierung und Skalierbarkeit.
Die Implementierung wurde in nur 5 Monaten abgeschlossen und demonstriert die Expertise von NETSOL im Bereich Asset-Finance und Leasing. Die cloudbasierte Technologie sorgt für zukünftige Skalierbarkeit und Flexibilität in den Abläufen von Hiltermann.
- Strategic partnership with Hiltermann expands NETSOL's presence in the Netherlands
- Successful implementation of Wholesale Finance System (WFS) in just 5 months
- API-enabled technology improves dealership collaboration and customer relationships
- Cloud-based solution offers scalability and flexibility for future growth
- None.
Insights
NETSOL Technologies' new strategic partnership with Hiltermann marks a significant step in their European expansion strategy, particularly in the Netherlands. This move demonstrates NETSOL's ability to penetrate new markets and diversify its client base. The implementation of their Wholesale Finance System (WFS) for Hiltermann in just five months showcases NETSOL's operational efficiency and the market readiness of their product.
The partnership has several potential benefits for NETSOL:
- Increased revenue streams from the Dutch market
- Enhanced reputation in Europe, potentially leading to more clients
- Validation of their cloud-based technology's scalability and flexibility
However, investors should note that while this partnership is strategically important, its immediate financial impact may be given NETSOL's current market cap of
NETSOL's Wholesale Finance System (WFS) implementation for Hiltermann showcases several technological advantages:
- API-enabled technology: Allows for seamless integration with dealerships, enhancing collaboration and customer relationships
- Cloud-based infrastructure: Provides scalability and flexibility for future growth
- Automation capabilities: Improves efficiency for both the funder and dealer
- Local market integration: Demonstrates adaptability to different market infrastructures
The rapid 5-month implementation highlights the system's modularity and NETSOL's expertise in deployment. The hybrid implementation approach, combining offshore and on-site teams, suggests a cost-effective and efficient delivery model. This could be particularly attractive to other potential clients in the European market, potentially accelerating NETSOL's expansion efforts.
Netherlands-based lender enhances NETSOL’s presence in key geographic market
ENCINO, Calif., Oct. 02, 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 a new strategic partnership with Hiltermann, a Netherlands-based specialist lender in the leasing and financing industry. Hiltermann has gone live with NETSOL’s Wholesale Finance System (WFS) and will leverage the company’s innovative white label lending platform that expands their competitive offerings to the asset finance and leasing market. This partnership is a strategic first for NETSOL in the Netherlands and supports the Company’s broader European growth strategy.
NETSOL’s innovative API-enabled technology allows Hiltermann to develop closer collaboration with their dealerships, improve customer relationships and secure broader competitive advantages. The proven stock financing solution integrates easily with the local market infrastructure and facilitates automation and scalability, making the process more efficient for both funder and dealer.
Darryll Lewis, Managing Director, NETSOL Technologies Europe stated:
“I am extremely proud of our team who delivered the Hiltermann implementation at pace, which is testament to our extensive expertise and experience in the asset finance and leasing market. Our hybrid approach to implementation – leveraging cost and time zone benefits with the team offshore combined with our expert team being on site in the Netherlands at key project phases – was key in delivering a competitive but timely solution to Hiltermann. Our cloud technology paves the way for future scalability and flexibility, ensuring we can continue to deliver exceptional service and innovation to Hiltermann for years to come.”
Roy Busschers, Head of Dealer Finance, Hiltermann commented:
“We were delighted to partner with NETSOL as part of our strategic move into wholesale finance. It is an exciting time of change for our company and we are confident that NETSOL’s innovative technology will help us to deliver strong business growth founded on customer centricity. The software gives us improved funding flexibility with dealers and enhances our reporting of dealer loan portfolio performance. The speed of implementation, just 5 months from start to finish, was impressive and the whole implementation was very smooth!”
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 and equipment OEMs 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 flagship NETSOL Financial Suite (NFS) 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 Hiltermann
Hiltermann is the bank-and-brand independent leasing partner, focusing on both operational and financial leasing of cars and commercial vehicles, as well as financing of business assets. It is among the top 10 car leasing companies in the Netherlands.
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:
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FAQ
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