NowVertical Group has signed a three-year Google Cloud and AI solutions agreement worth approximately US$4 million with a major Latin American FinTech operating across Argentina, Colombia and Mexico.
The agreement expands the company’s role from an initial services engagement into a broader recurring licence and professional services relationship focused on AI deployment and cloud modernisation.
NowVertical said the contract combines Google Cloud licensing with strategic AI and data services designed to improve operational efficiency and strengthen AI-ready data environments.
Under the deal, NowVertical will support deployment of Google Gemini, AI agent capabilities and AI-enabled workflow automation. The company will also act as the fintech’s Google Cloud licence partner of record through a multi-year cloud consumption commitment.
NowVertical said the project is intended to help integrate customer, operational and financial datasets while creating stronger foundations for enterprise AI adoption across selected workflows.
The Google Cloud licensing component is expected to generate net revenue equivalent to roughly 10% of licensing value after third-party costs and related expenses. Revenue recognition will be recorded in accordance with IFRS, while associated AI professional services are expected to align with the company’s targeted gross margin profile.
Sandeep Mendiratta, CEO, NowVertical, said the agreement reflects growing customer demand for measurable business outcomes from AI initiatives and integrated cloud transformation strategies.
The announcement follows the company receiving Google Cloud’s 2026 Data & Analytics Partner of the Year award for Latin America for the second consecutive year.
