Net Element Inc. NETE Archives - Page 13 of 20

TuesdayOct 02, 2018 2:01 pm

QualityStocksNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Enters MOU with Bank Sputnik to Launch New Payment Processing Center

Net Element (NASDAQ: NETE), a global technology and value-added solutions group, today announced its entrance into a memorandum of understanding (“MOU”) with Bank Sputnik to launch a technology platform. The platform is anticipated to offer a suite of payment acceptance services for financial institutions and value-added providers. Per the MOU, NETE will complete the deployment, launch and servicing of the payment processing center in exchange for 25% of issued and outstanding shares of Bank Sputnik. The bank will provide the capacity for the data center for deployment and use of software required for the execution of the program, as well…

FridaySep 28, 2018 12:53 pm

QualityStocksNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Subsidiary Proves Fruitful with Over $1.6B in Transactions in First Half of 2018

During the first half of 2018, Net Element (NASDAQ: NETE) subsidiary Netevia reportedly processed $1.62 billion in transactions, with $1.4 billion occurring in North America. A recent article discussing Netevia reads, “A solid sign of the success of Net Element’s Netevia processing platform is that the value of the financial transactions that the company processed grew from $1.18 billion in the first half of 2017 to $1.62 billion in the comparable period of 2018, with $1.4 billion of that amount occurring in North America. The number of transactions processed by the company grew from 35.7 million to 50.2 million.” To…

FridaySep 28, 2018 12:44 pm

Net Element, Inc. (NASDAQ: NETE) Enabling Global Commerce with Flexible, Multi-Channel Electronic Payment Solutions

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.…

MondaySep 24, 2018 12:21 pm

Net Element, Inc. (NASDAQ: NETE) Payments Platform Supports Omni-Channel Marketing

The spread of digital devices is promoting omni-channel marketing Customers want the convenience of paying any which way NETE platforms handle over 100 different payment options in over 40 currencies Company intends to launch subscription-based payment processing with Payment Club, Inc. The days when retailers waited hopefully for customers to visit their High Street locations are long gone. In this digital age, consumers are pursued and wooed wherever they congregate, which could be a news site, an online forum or a social media platform. They may be using a desktop, a tablet, or, very likely, a smartphone – different devices…

FridaySep 21, 2018 12:14 pm

QualityStocksNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Subsidiary and Payment Club Plan to Expand Operations

Net Element (NASDAQ: NETE) subsidiary Unified Payments, through a partnership with Payment Club, Inc., is launching subscription-based payment processing services (http://ibn.fm/X6PF9). A recent article discussing this reads: “Net Element develops multi-channel electronic payment solutions, among which is Unified Payments, a flexible mobile point-of-sale system that enables small and mid-sized businesses to accept cashless payments. … Payment Club provides payment processing services on a subscription-based model. Its co-founders recently announced completion of a $7 million financing deal. With the financial boost, Payment Club intends to expand its operations across the United States, hire key staff and open up facilities in which…

FridaySep 14, 2018 11:12 am

Net Element, Inc. (NASDAQ: NETE) Rides Momentum of Strong Q2 Results, Eyes Multimillion-Dollar Profit Growth

Net Element’s net revenues for Q2 2018 increased nine percent over the previous year Total processed transactions increased by 41 percent Company’s strategic initiatives anticipated to add more than $6.5 million in gross profits in the next four years It’s been a fruitful year for Net Element, Inc. (NASDAQ: NETE), a global technology-driven group that specializes in mobile payments and value-added transactional services. As discussed in an earnings call (http://ibn.fm/RLmQF), Net Element recently reported strong financial results for the second quarter of 2018, with a nine percent increase in net revenues. Total revenues for Q2 2018 were $32.45 million, up from…

FridaySep 14, 2018 10:26 am

QualityStocksNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Driving Revenue Through North American Transaction Solutions Segment

Net Element’s (NASDAQ: NETE) focus on the North American market is driving solid revenue growth. A recent article discussing this indicates that NETE, “has reported strong second quarter financial results, with net revenues of $32.45 million by June 2018, up nine percent from $29.7 million last year. The financial services technology company, which develops multi-channel electronic payment solutions, has seen a significant increase in its North American business.” To view the full article, visit http://ibn.fm/8oE4S 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 U.S.…

TuesdaySep 04, 2018 11:13 am

Net Element, Inc. (NASDAQ: NETE) Subsidiary and Payment Club Raise $7M to Expand Subscription-Based Payment Processing Service

Payment Club operates cashless processing services on subscription-based model Payment Club co-founders raise $7 million for expansion plans Net Element, Inc. (NASDAQ: NETE) subsidiary Unified Payments is launching subscription-based payment processing services through a partnership with Payment Club, Inc. that raised $7 million to finance the latter’s expansion plans (http://ibn.fm/X6PF9). Net Element develops multi-channel electronic payment solutions, among which is Unified Payments, a flexible mobile point-of-sale system that enables small and mid-sized businesses to accept cashless payments. Payment Club provides payment processing services on a subscription-based model. Its co-founders recently announced completion of a $7 million financing deal. With the financial…

TuesdayAug 28, 2018 9:45 am

Net Element, Inc. (NASDAQ: NETE) Revenues Up Nine Percent to $32 Million

Growth in North American market driving revenue increase Total dollars processed via North American Transaction Solutions segment up 37 percent to $1.62 billion Total dollars processed via International Transaction Solutions segment up 20 percent to $211 million Net Element, Inc. (NASDAQ: NETE) has reported strong second quarter financial results, with net revenues of $32.45 million by June 2018, up nine percent from $29.7 million last year (http://ibn.fm/rj4yd). The financial services technology company, which develops multi-channel electronic payment solutions, has seen a significant increase in its North American business. At a conference call to discuss the results, CEO Oleg Firer said, “The…

MondayAug 27, 2018 11:49 am

QualityStocksNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Adds Value to Emerging Markets Through Flexible Offerings

Net Element, Inc. (NASDAQ: NETE), a global technology and value-added solutions group, announced in a news release on July 31, 2018 that its United Payments subsidiary acquired cash flow assets totaling $2.7 million. A recent article further discussing the newly acquired assets reads: “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 group…

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