During the first half of 2018, Net Element (NASDAQ: NETE)
subsidiary Netevia reportedly
processed $1.62 billion in transactions, with $1.4 billion occurring in North
America. A recent article discussing Netevia reads, “A solid sign of the
success of Net Element’s Netevia processing platform is that the value of the
financial transactions that the company processed grew from $1.18 billion in
the first half of 2017 to $1.62 billion in the comparable period of 2018, with
$1.4 billion of that amount occurring in North America. The number of
transactions processed by the company grew from 35.7 million to 50.2 million.”
To view the full article, visit http://ibn.fm/Sp69X
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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