Net Element (NASDAQ: NETE), a global technology and
value-added solutions group, recently reported substantial financial growth in
2018. A recent article discussing the company reads, “The company’s revenue
over the year went up to $65.8 million, marking an increase of 10 percent on an
annual basis. Growth through the company’s North American transaction solutions
segment was the primary driver for the strong results, as the company’s
management announced in an earnings conference call on April 2, 2019 (http://ibn.fm/ZfEls). . . .
The North American transaction solutions segment experienced annual growth of
16 percent in 2018. The United States accounted for 90 percent of the overall
revenue, while international revenue contributed 10 percent.”
To view the full article, visit http://ibn.fm/ra7PG
About Net Element Inc.
Net Element (NASDAQ: NETE) operates a payments-as-a-service
transactional and value-added services platform for small to medium enterprise
(“SME”) in the United States and selected emerging markets. In the U.S., the
company 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 as one of 2016’s fastest-growing
technology companies. Further information is available at www.NetElement.com.
NOTE TO INVESTORS: The latest news and updates
relating to NETE are available in the company’s newsroom at http://ibn.fm/NETE
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