Net Element, Inc.

Net ElementNet Element (NASDAQ: NETE) is a global technology-driven group specializing in mobile payments and value-added transactional services. The company owns and operates a global mobile payments and transactional processing provider, TOT Group, Inc. ("TOT Group"). TOT Group companies include Unified Payments, recognized by Inc. Magazine as the #1 Fastest Growing Company in America in 2012, Aptito, a next generation cloud-based point of sale payments platform, Restoactive, a seamless digital add-ons for legacy POS systems, Digital Provider, a leading provider of SMS messaging and mobile billing solutions, and Payonline, fully-integrated, processor agnostic electronic commerce platform.



Net Element (NASDAQ:NETE) Seeks To Grow Revenue by Digitally Processing Payments in an Increasingly Cashless World

🕔7/27/2017 3:02:00 AM 377

(NetworkNewsWire) Net Element, Inc. (NASDAQ:NETE) stands to benefit from a near cashless society as its North American Unified Payments group processes digital payments and drives sales for the company. A 2017 IPSOS survey for ING found that 54% of 12,585 respondents surveyed do not use cash in a restaurant. Instead, they pay by non-cash methods.<br /><br />Net Element is a high technology financial group which digitally processes transactions in what is becoming a cashless society. It processes payments from both mobile devices and point-of-sale terminals. Leading the company is the North American Transaction Group. A Zack's Research Report ( projects that the company's revenues will reach $63 million in 2017 and $74.6 million in 2018, respectively. Net Element's North American Transaction Group generated 78% of total Net Element sales in 2016 and jumped 40% in 1Q2017.<br /><br />The fifth annual ING International Survey of Mobile Banking, published in April 2017 o ...

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Impressive Growth Trajectory Continues for Net Element (NASDAQ:NETE)

🕔7/25/2017 3:00:00 AM 502

(NetworkNewsWire) Exciting developments continue for Net Element, Inc. (NASDAQ:NETE), which has become a proven entity within the thriving payments-as-a-service market.

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Net Element, Inc. (NASDAQ:NETE) Electronic Payment Solutions Set to Depose Cash

🕔7/12/2017 5:16:00 AM 568

(NetworkNewsWire) Cash may be king, but Miami, Florida-based fintech Net Element, Inc. (NASDAQ:NETE) seems set on deposing it. The innovative global technology company provides a range of non-cash payment solutions that are increasingly taking the place of cash as consumers expand their use of electronic means of payment.

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Net Element (NASDAQ:NETE) Successfully Converts $2 Million Term Loan into $2.5 Million Revolving Loan

🕔7/7/2017 12:09:00 AM 852

(NetworkNewsWire) Net Element, Inc. (NASDAQ:NETE) has successfully converted its $2 million term loan into a $2.5 million revolving loan, which enables NETE and its subsidiaries to take advances of up to $1 million every calendar month. The loan date was also extended to May 20, 2021, from the original date of May 20, 2019.

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Net Element's (NASDAQ:NETE) North American Business Up 40 Percent in First Quarter

🕔6/30/2017 5:16:00 AM 858

(NetworkNewsWire) Currently trading at 65 cents a share, Zach's Small Cap Research just pegged Net Element (NASDAQ:NETE) at $3.12, five times current market value, once it reaches profitability. The highly respected research firm noted that Net Element's U.S. business growth was up a phenomenal 40 percent in the first quarter.

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Net Element, Inc. (NASDAQ:NETE) on Pace to Record Revenues of $75 Million by 2018, per Zacks Research Report

🕔6/21/2017 5:28:00 AM 835

(NetworkNewsWire) Net Element, Inc. (NASDAQ:NETE) is seen reaching revenues of $75 million in 2018 by a Zacks Research Report issued in May 2017. In the Zacks Small-Cap Research Report, it is estimated that the company's sales will reach $63 million in 2017 and $74.6 million in 2018. Net Element reported actual revenues of $54.3 million in 2016.

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Net Element, Inc. (NASDAQ:NETE) Subsidiary to Handle Payments for International Mobile Network Operator

🕔6/16/2017 5:08:00 AM 1428

(NetworkNewsWire) Now that the internet girdles the entire globe, Net Element, Inc. (NASDAQ:NETE), with its innovative range of electronic payment solutions, has made the world its oyster. The global mobile payments and transactional processing provider is based in North Miami Beach, Florida, but its customers are halfway around the world.

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Net Element, Inc. (NASDAQ:NETE) Offers Enhancements and a Nationwide Sales Campaign for Aptito

🕔6/15/2017 3:23:00 AM 739

(NetworkNewsWire) Net Element, Inc. (NASDAQ:NETE) is focusing on the growth potential of its Aptito processing and management system by offering it, along with its new features, in a nationwide sales campaign, which culminates in a new lucrative dealer plan to earn commissions of up to $1,200 on each placement.

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Net Element, Inc. (NASDAQ:NETE) Subsidiary Announces Launch of Loyalty Program for Merchants

🕔6/8/2017 12:17:00 AM 1131

(NetworkNewsWire) Net Element, Inc. (NASDAQ:NETE), operator of a payments-as-a-service transactional and value-added services platform for small and medium-sized enterprises ("SME") in the U.S. and selected emerging markets, announced recently that its PayOnline subsidiary is now offering a loyalty program to its merchants.

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Net Element (NASDAQ:NETE) in the Midst of the Mobile Point-of-Sale Revolution

🕔6/6/2017 10:43:00 PM 1039

(NetworkNewsWire) The process of paying for goods and services is rapidly and radically changing. Virtually unheard of a decade ago, nearly $40 billion in mobile transactions occurred during 2015. Amazingly, that total is expected to explode 20 times to over $800 billion within the next couple of years.

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Company Data

  • 3363 NE 163rd Street, Suite 705
    North Miami Beach, FL 33160-4423
  • Telephone
  • +1 305-507-8808 
  • Fax
  • +1 786-272-0696 
  • Principal Sector
  • E-Commerce and Mobile 
  • Principal Industry
  • Financial Services 
  • Homepage
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