Global technology and value-added solutions group Net Element, Inc. (NASDAQ: NETE) is the focus of an updated research note issued yesterday by JGR Capital, an independent equity research firm. The revised report, which can be viewed at http://ibn.fm/SYFnu, makes note of a number of highlights related to Net Element’s recently announced first quarter results. JGR Capital acknowledges that Net Element has recorded strong organic growth in its North American Transaction Solutions segment as management has continued to pursue international market expansion. As a result of this sustained performance, the company’s first quarter revenues were up 17.8 percent year-over-year to $15.98 million. The research note also puts the spotlight on Net Element’s efforts to develop blockchain-based technology and its partnerships focused on SMB merchants.
To view the full press release, visit http://ibn.fm/mg75D
About Net Element
Net Element, Inc. (NASDAQ: NETE) operates a payments-as-a-service transactional and value-added services platform for small to medium enterprise (“SME”) in the U.S. and selected emerging markets. In the U.S., it aims to grow transactional revenue by innovating SME productivity services using blockchain technology solutions and Aptito, the company’s cloud based, restaurant and retail point-of-sale solution. Internationally, Net Element’s strategy is to leverage its omni-channel platform to deliver flexible offerings to emerging markets with diverse banking, regulatory and demographic conditions. Net Element was ranked as one of the fastest growing companies in North America on Deloitte’s 2017 Technology Fast 500™. In 2017, Net Element was recognized by South Florida Business Journal’s as one of 2016’s fastest growing technology companies. Further information is available at www.NetElement.com
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