NETSOL Technologies, Inc. has announced the go-live of its next-generation solution NFS Ascent for Ikano Bank – a Swedish bank operating across the Nordic and European regions.

NETSOL’s NFS Ascent and suite of digital solutions are being implemented on the Cloud to support Ikano Bank’s lending to businesses.

“The partnership with Ikano Bank is a significant project for NETSOL Europe representing the largest multi-country roll-out of our premier platform NFS Ascent. This engagement contributes to a multi-million-euro partnership for the Nordic region and beyond,” said Asad Ghauri (pictured), President Asia-Pacific and Group MD Europe, NETSOL Technologies, Inc.

“This has been a very exciting journey with more milestones to achieve as Ikano Bank expands into the wider European Economic Area (EEA).”

“This is a pure SaaS service model with subscription-based pricing on Agile Scrum,” Mr. Ghauri continued. “I would like to thank the entire team at Ikano Bank and those at NETSOL involved in this project. I am very confident that this implementation will result in further opportunities for both parties across the European region.”

“We are pleased to be working with NETSOL as our strategic platform partner,” said Henrik Staulund, Chief Commercial Officer at Ikano Bank.

“NETSOL’s smart technology solutions are well-recognized in the finance and leasing space and deploying their premier platform NFS Ascent enables us to maintain a competitive edge in today’s highly dynamic marketplace. With its powerful configuration engines, Ascent will streamline our processes, enabling faster on-boarding of new partners and speed up new product introductions across markets. By opting for Ascent on the Cloud, we further benefit from a swift deployment process and flexible, subscription-based pricing. Alongside Ascent, we also deployed NETSOL’s digital touchpoints to further enhance our digital transformation journey and optimize productivity and decision-making.”