NETSOL Announces Launch of Hubex API Library

Latest product offering as part of AppexNow marketplace

ENCINO, Calif., May 09, 2023 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), a global business services and enterprise application solutions provider, today announced the launch of Hubex, an API library that enables companies to standardize all their API integration procedures across multiple API services through a single integration. Hubex is NETSOL’s second product offering from the AppexNow marketplace following Flex, an API-based, ready-to-use calculation engine.

In addition to traditional lending companies, Hubex can also streamline the operations of dealerships, vendors, and consultants through an API library. Our comprehensive ecosystem of suppliers is constantly growing, offering new services to expand coverage. With a ready-to-use service, Hubex makes it easy for businesses to seamlessly connect with multiple APIs and achieve their desired outcomes. Pre-integrated services in the Hubex library include but are not limited to payment processing, bank account authentication, finance and insurance products, fraud check, KYC service, driver license verification, address validation, vehicle valuation and notification service.

“AppexNow is the first marketplace offering solutions developed specifically for the global credit, finance and leasing industry built on API-first strategy,” said Najeeb Ghauri, Founder and CEO of NETSOL Technologies, Inc. “Hubex, our second product launched as a part of the AppexNow marketplace, offers an efficient and streamlined approach to integrating various APIs through a single integration. With a developer-friendly, plug-and-play system, users can easily connect their applications to multiple third-party providers through a standardized integration process and without the need for extensive development resources. We are excited to be launching another product under the AppexNow umbrella and look froward to further expanding this platform.”

“With the launch of Hubex, we are addressing the market's greatest need for integration and relationships with third-party service providers,” said Peter Minshall, Executive Vice President, NETSOL Technologies Americas. “Our API-first approach minimizes the financial and human resources required for integration, resulting in reduced person-hours and costs. Additionally, users can be rest assured that their integrations will remain up-to-date, as Hubex automatically manages updates from third-party providers. Overall, the cloud-based API library offers a professional and reliable solution for simplifying the integration process and optimizing workflow efficiency. Once deployed, we also offer a dedicated team of consultants to support customers with more customized or complex integration needs.”