NowVertical Signs $4M Three-Year AI and Google Cloud Agreement with Leading Latin American Fintech

NowVertical Group, a data and AI solutions and services provider, announced the signing of a three-year Google Cloud and AI solutions agreement with a leading regional fintech operating across Argentina, Colombia and Mexico. The agreement has a total contract value of approximately USD $4 million over the three-year term. The Google Cloud licensing component is expected to generate net revenue to the Company at approximately 10% of the licensing value, net of anticipated third-party licensing costs and related expenses, with revenue recognition to be recorded in accordance with IFRS. The associated AI solutions and professional services will be delivered in line with the Company’s targeted gross margin profile.

Under the agreement, NowVertical will deliver strategic AI and data modernisation services focused on Google Gemini deployment, AI agent capabilities and AI-enabled workflow automation, supported by a multi-year Google Cloud consumption commitment for which NowVertical will act as the client’s licence partner of record. The engagement is expected to help the client connect customer, operational and financial data environments, strengthen AI-ready data foundations and apply AI across selected business workflows, expanding NowVertical’s relationship from an initial services-led engagement into a broader, recurring licence-plus-services model.

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“Clients are requesting that their AI initiatives generate meaningful business value. With this engagement, our client is putting Gemini and our NowUnlock AI delivery framework to work on Google Cloud, and NowVertical is accountable for both the AI outcomes and the cloud foundation behind them. It is exactly the kind of integrated, multi-year Strategic Account relationship we are scaling.” said Sandeep Mendiratta, Chief Executive Officer of NowVertical.

NowVertical is a global data and analytics company which helps clients transform data into tangible business value with AI, fast. Offering a comprehensive suite of solutions and services, the Company enables clients to quickly harness the full potential of their data, driving measurable outcomes and accelerating potential return on investment. Enterprises optimize decision-making, improve operational efficiency, and unlock long-term value from their data using the Company’s AI-Infused first party and third-party technologies. NowVertical is growing organically and through strategic acquisitions.

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