SeeThruEquity, an independent equity research and corporate
access firm focused on smallcap and microcap public companies, this morning
posted an update on Net Element, Inc. (NASDAQ: NETE), a global technology and
value-added solutions group. Since SeeThruEquity’s last coverage update, the
company has posted numerous releases regarding its rising transaction volume,
the launch of its Netevia platform,
and the acquisition of a transactional services portfolio from partner
Universal Payment Systems (“UPS”). Following the recent developments from the
company, SeeThruEquity’s price target remains unchanged. The analyst classified
NETE as a high risk, high growth company in the mobile electronics space and
intends to re-evaluate the company as it continues to progress.
To view the full press release, visit http://ibn.fm/xQJog
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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