Net Element, Inc. (NASDAQ: NETE) Reports Increase in Revenues, Acquires $2.7M in Cash Flow Assets
NETE subsidiary United Payments acquires cash flow assets totaling $2.7 million Recent financial performance shows that NETE increased revenues in Q1 2018 by 17.85 percent One-stop omni-channel processing solution with 100-plus payment solutions Global business-to-business sales estimated at $7.7 trillion, compared to $2.3 trillion business-to-consumer market Net Element, Inc. (NASDAQ: NETE) expects a recent acquisition, purchased through subsidiary Unified Payments, to generate well over $5 million in gross profits over the next four years, with recurring profits expected to continue to enhance the company’s profit margins, the company stated in a news release (http://ibn.fm/0o3wM). As a global financial technology and value-added solutions…