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SpotLight of The week

Net Element, Inc. (NASDAQ: NETE)

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Net Element, Inc. (NASDAQ: NETE) is a global financial technology and value-added solutions group that supports electronic payments acceptance in an omni-channel environment spanning across point-of-sale, e-commerce, and mobile devices. Net Element operates a payments-as-a-service transactional model and value-added services platform for small to medium enterprises in the U.S. and selected emerging markets. 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 ™ and South Florida Business Journal’s 2016 fastest growing technology companies.

Top Highlights

  • One-stop omni-channel processing solution with 100-plus payment solutions
  • North American transaction revenues rose by 17.3% YoY
  • Organic growth includes increase in global merchants and uptake of value-added services
  • Ranked as one of North America’s fastest growing companies on Deloitte’s 2017 Technology Fast 500™

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