Net Element, Inc. (NASDAQ: NETE) Positioned to Continue Organic Growth with Launch of Smart Vendor Payments Solution for B2B Sales

July 25, 2018 13:44:21
  • Received $7.55 million institutional investment to support growth
  • Setting the standard for global cross-channel payments acceptance and value-added service offerings
  • Global business-to-business sales estimated at $7.7 trillion compared to $2.3 trillion business-to-consumer market
  • Executed several complex initiatives in 2017, continued to deliver double-digit percentage organic growth year-over-year
  • Total transactions processed by NETE during first six months of 2018 at $50.2 million, up from $35.7 million during same period of 2017

Global financial services, technology and value-added solutions group Net Element, Inc. (NASDAQ: NETE) continues increasing profitability with a strong track record that includes processing transactions in over 50 countries and coming “close to the $3 billion mark” with over 154 million transactions, Net Element CEO Oleg Firer stated in an exclusive interview with NetworkNewsAudio (

Key to this growth is the company’s next-generation Netevia platform that offers a smart solution that enables secure vendor payment transactions and…

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