- Strong financial results reported for Q2 2018, with $32.45 million in revenue, up nine percent over same quarter of previous year
- Net Element subsidiary Unified Payments and Payment Club, Inc. raise $7 million to expand subscription-based payment processing service
- Company delivers flexible offerings to emerging global markets with diverse banking, regulatory and demographic conditions
- Ranked as one of North America’s fastest growing companies on Deloitte’s 2017 Technology Fast 500
Net Element, Inc. (NASDAQ: NETE), a global technology-driven group that specializes in mobile payments and value-added transactional services, continues to add flexible, convenient options to its array of electronic payment solutions. The company’s growth in revenue supports its strategic approach in providing yet another avenue for small and mid-sized businesses to accept cashless payments. News that Net Element subsidiary Unified Payments is launching a subscription-based payment processing service through a partnership with Payment Club, Inc. is a value-added case in point, with $7 million raised to finance related expansion plans (http://nnw.fm/eLiP8).
“Utilizing a transparent subscription-based pricing model combined with the latest technology solutions, Payment Club can provide positive options to frustrated merchants and streamline their payment processes,” Anthony Kutscher, president and co-founder of…
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