Net Element, Inc. (NASDAQ: NETE), operator of a payments-as-a-service transactional and value-added services platform for small to medium enterprise in the US and selected emerging markets, today announced that it has launched a new blockchain-focused business unit focused on providing the framework for an unlimited number of value-added services. The new business unit will also intend to identify and invest into unique projects which decentralize and disrupt the payment processing industry by combining blockchain technology and real-world applications. Bunker Capital has been partnered with for the development and deployment of blockchain technology-based solutions.
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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 US and selected emerging markets. In the US it aims to grow transactional revenue by innovating SME productivity services such as its cloud based, restaurant and retail point-of-sale solution Aptito. 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 such as UAE, Kazakhstan, Kyrgyzstan and Azerbaijan where initiatives have been recently launched. Net Element was named in 2016 by South Florida Business Journal as one of the fastest growing technology companies. Further information is available at www.NetElement.com
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