Net Element Inc. NETE Archives - Page 14 of 20

FridayAug 24, 2018 11:18 am

QualityStocksNewsBreaks – Payment Club Announces $7M Financing Through Partnership with Net Element, Inc. (NASDAQ: NETE) Subsidiary

Payment Club, Inc. this morning announced the completion of a $7 million financing led by its co-founders in partnership with Unified Payments, a subsidiary of Net Element (NASDAQ: NETE) and its institutional investor. Payment Club’s co-founders lead the financing with $2 million in equity. Unified Payments, through its partnership with its institutional investor, arranged a $5 million credit facility for Payment Club to drive its growth initiatives, bringing total debt and equity financing to $7 million. Payment Club intends to utilize the funding by expanding nationwide, hiring up to 100 membership advisors, and creating show rooms where business owners can gain information on the different…

ThursdayAug 16, 2018 11:27 am

Independent Researchers at SeeThruEquity Take Note of Advances at Payment Solutions Company Net Element, Inc. (NASDAQ: NETE)

Rise in transaction volume, product enhancements and asset acquisition show Net Element’s ongoing growth strategy SeeThruEquity labels Net Element an ‘intriguing’ high-risk, high-reward growth company with stable share price target Since 2014, Net Element’s revenues from payment processing services have nearly tripled A series of optimistic developments for payment tech processor Net Element, Inc. (NASDAQ: NETE) has led independent equity research firm SeeThruEquity to issue an update of its coverage on the company (http://ibn.fm/7NBjg). The research firm is taking note of Net Element’s forecast for an increase in gross profits based on its acquisition of services assets from partner Universal Payment…

WednesdayAug 08, 2018 12:21 pm

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…

WednesdayAug 01, 2018 12:32 pm

Net Element, Inc. (NASDAQ: NETE) Fights Fraud with Disposable Credit Card Numbers on its Netevia Platform

Card fraud and data breaches cause billions of dollars in losses every year Netevia technology generates virtual single-use card numbers Targeted at $7.7 trillion global B2B payments business Just like the single-use plastic shavers applied to remove a five o’clock shadow, credit card numbers have entered the realm of disposable goods. In response to the rising incidence of payment fraud and data breaches that expose millions of card numbers, innovative companies like Net Element, Inc. (NASDAQ: NETE) are devising solutions to stay ahead of the criminals. The global financial tech company has extended its Netevia platform to include a smart…

TuesdayJul 31, 2018 12:47 pm

QualityStocksNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Subsidiary Acquires $2.7M Cash Flow Assets

Global technology and value-added solutions group Net Element, Inc. (NASDAQ: NETE) this morning announced that through its Unified Payments subsidiary, it has acquired cash flow assets totaling $2.7 million via certain transactional services portfolio from Universal Payment Systems (“UPS”). The acquired assets are anticipated to produce more than $5 million in gross profits over the next four years, with continued profits generated subsequently. “The transactional services portfolio acquisition deepens our relationship with UPS, which has been very positive for both organizations. By providing UPS with the capital to grow we are building real value for the future of both our…

WednesdayJul 25, 2018 2:31 pm

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

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…

WednesdayJul 18, 2018 2:01 pm

QualityStocksNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Highlighted in Updated Research Note by JGR Capital

Global technology and value-added solutions group Net Element, Inc. (NASDAQ: NETE) is the subject of an updated research note from independent equity research firm JGR Capital. The note focuses on a number of key highlights and milestones achieved by Net Element in recent months. Notably, the company reported significant developments through both its Netevia and Unified Payments subsidiaries, including the launch of an intelligent payment solution for the events industry. Per the update, Net Element intends to improve its revenue generation moving forward by extending its Netevia platform to include a smart solution for secure vendor payments. The full report…

WednesdayJul 18, 2018 11:37 am

Net Element, Inc. (NASDAQ: NETE) Targets $7.7 Trillion B2B Market with Netevia Platform Vendor Payment Solution

Global B2B ecommerce sales at $7.7 trillion and still growing as more businesses move online Netevia accepts over 100 cashless payment methods in multiple currencies Netevia users can transact business with suppliers in countries around the world Businesses are increasingly using the Internet to buy services and products from other businesses. It is now estimated that global ecommerce between businesses (B2B) now amounts to $7.7 trillion (http://ibn.fm/fv3EP), far outstripping the $2.3 trillion in sales made from businesses to consumers (B2C). Targeting this massive and growing market, Net Element, Inc. (NASDAQ: NETE) has extended its Netevia payment platform to include solutions aimed…

FridayJul 13, 2018 11:15 am

Net Element, Inc. (NASDAQ: NETE) Announces Significant YOY Transaction Processing Volume Growth, Publication of Research Note from JGR Capital

Net Element experiencing organic year-over-year growth in all segments Total dollars processed for the first six months of 2018 have increased 37 percent over the same period of 2017 Total transactions processed in the first six months of 2018 have increased to 50.2 million, compared to 35.7 million during the same period of 2017 Global technology and value-added solutions group Net Element, Inc. (NASDAQ: NETE) recently announced significant year-over-year growth in its transaction processing volume (http://ibn.fm/m2sXR). Net Element’s transaction processing volumes have increased substantially during the first six months of 2018, as compared with the same period of 2017. The total…

ThursdayJul 12, 2018 11:55 am

QualityStocksNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Reports Significant Increase in Transaction Processing Volume

Global technology and value-added solutions group Net Element (NASDAQ: NETE) recently announced that its transaction processing volumes for the first six months of 2018 demonstrated a substantial increase of 37% as compared to the same period in 2017. Total dollars processed from January 2018 through June 2018 totaled $1.62 billion versus $1.18 billion during the previous year. The company attributes the growth primarily to its subsidiary Unified Payments. The North America Transaction Solutions segment realized the largest increase of 40% to $1.4 billion from $1 billion while International Transactions Solutions achieved $211 million, an increase of 20% from $176 million.…

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