Net Element, Inc. (NASDAQ: NETE), a global technology and
value-added solutions group, announced in a news release on July 31, 2018 that
its United Payments subsidiary
acquired cash flow assets totaling $2.7 million. A recent article further
discussing the newly acquired assets reads: “Net Element, Inc. (NASDAQ: NETE)
expects a recent acquisition, purchased through subsidiary Unified Payments, to
generate well over $5 million in gross profits over the next four years, with
recurring profits expected to continue to enhance the company’s profit margins,
the company stated in a news release (http://ibn.fm/0o3wM). As a global financial technology and
value-added solutions group that supports electronic payments acceptance in an
omni-channel environment spanning across point-of-sale, e-commerce and mobile
devices, Net Element continues to challenge the status quo by delivering
flexible offerings to emerging markets with diverse banking, regulatory and
demographic conditions.”
To view the full article, visit http://ibn.fm/TdzWW
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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