- In
December, Net Element received several ACQ5 online magazine recognitions,
including the ‘Payment Solutions Provider of the Year’ award
- NETE
was also included in Deloitte’s ranking of the 500 fastest-growing
companies in 2018
- Through
a diversified portfolio of specialized payment solutions for different
industries, NETE anticipates to continue its growth trend in 2019
The year of 2018 has proven to be an eventful one for Net
Element, Inc. (NASDAQ: NETE), a payment-as-a-service transactional and
value-added services provider. Net Element was the recipient of numerous
important recognitions, and market trends are suggesting that 2019 will be
marked by additional growth and accomplishments.
Mid-December, international corporate magazine news site
ACQ5 announced its annual global awards, honoring those whose work has been
definitive for setting the standard in their respective niches (http://ibn.fm/HSHL0). Net
Element received multiple awards, including recognition as ‘Payment Solutions
Provider of the Year’ for the Americas. The company was also recognized as
‘Scale-up Company of the Year’ for payment solutions for the Americas.
Additionally, NETE CEO Oleg Firer was honored as ‘Gamechanger of the Year’ for
the Americas.
ACQ5 is a web-based magazine website for corporate
executives. It has 168,000 subscribers, and its awards have been recognizing
industry leaders for over 13 years.
On top of receiving the ACQ5 awards, Net Element was also
included among Deloitte’s 500 fastest-growing technology companies in the U.S.
in 2018. The Deloitte’s Technology Fast 500 ranking indicates that, during the
monitored period for inclusion in the chart, Net Element grew by 183 percent.
The growth of Net Element’s North America Transaction Solutions segment was one
of the biggest driving factors of the company’s performance throughout the year
(http://ibn.fm/fUpy8).
Interestingly enough, software accounts for two out of three
companies in the Technology Fast 500 ranking. These companies are the ones that
develop exciting technological solutions spanning robotics, artificial
intelligence and predictive analytics, Deloitte & Touche partner Mohana
Dissanayake said at the time.
The growing importance of such technological solutions will
provide additional opportunities for Net Element’s development in 2019.
Business enterprises are continuously looking for ways to carry out financial
transactions quickly, efficiently and safely. The banking and lending
communities have strict criteria and rigid expectations when it comes to making
their services available.
Companies like Net Element are helping the market evolve and
keep moving, especially since some of the most prominent NETE services are created
for the needs of small and medium-sized companies.
Net Element subsidiary PayOnline increased the company’s
ability to serve SMEs and their customers. The number of payment options is
growing, and the platform is constantly being adapted to address the specific
needs of representatives of various industries.
The company is also making more specialized payment services
available to its customers. VIP Payments is a solution created especially for
the needs of hotel and tourism industry representatives. Netevia, on the other hand,
enables transparent online payment options for brick and mortar businesses that
offer ecommerce or B2B solutions.
The NETE portfolio also includes Aptito, a solution for the
restaurant industry, and Unified Payments, which is designed to specifically
facilitate the work of kiosk and truck vendors.
For more information, visit the company’s website at www.NetElement.com
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