NetworkNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Sees Promising Growth in North American Market

Net Element (NASDAQ: NETE), a global technology and value-added solutions group, serves businesses and consumers through its support of electronic payments in an omni-channel environment. An article discussing the company reads, “Net Element, which develops multi-channel electronic payment solutions, has seen a significant increase in its North American business as well, according to a company news release. Ranked by Deloitte’s Technology Fast 500 as one of North America’s 500 fastest-growing companies in 2018, Net Element grew by 183 percent during the time period of recognition (http://nnw.fm/rUki5). Unified Payments, a brand of leading bankcard payment processing services under the NETE umbrella, is a particularly noteworthy contributor to the company’s overall growth. Unified Payments provides solutions for small and medium-sized enterprises throughout North America. … ‘We are excited to be recognized by Deloitte for our growth over the past three years. This is further affirmation that our approach to the reseller community levels the playing field and increases recurring sales for Unified Payments,’ Net Element president of integrated payments Vlad Sadovskiy stated in a news release.”

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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. and selected emerging markets. In the U.S., it aims to grow transactional revenue by innovating SME productivity services using blockchain technology solutions and Aptito, the company’s cloud based, restaurant and retail point-of-sale solution. Internationally, Net Element’s strategy is to leverage its omni-channel platform to deliver flexible offerings to emerging markets with diverse banking, regulatory and demographic conditions. Net Element was ranked as one of the fastest growing companies in North America on Deloitte’s 2017 Technology Fast 500. In 2017, Net Element was recognized by South Florida Business Journal’s as one of 2016’s fastest growing technology companies. Further information is available at www.NetElement.com.

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