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From: NetworkNewsWire (Rep: 0)Date: 02/15/2018 17:07
Forum: Net Element - Msg #1035Thread #673991814 (Rec: 0)
NetworkNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Achieves Notable Growth, Investments in 2017

Global technology and value-added solutions group Net Element (NASDAQ: NETE) demonstrated impressive gains in 2017, such as reaching the company’s strongest balance sheet and securing a $7.55 million investment. An article discussing the company reads: “In 2017, the company received a $7.55 million institutional investment, supporting continued organic growth and ensuring full scalability of its platform, as well as blockchain-focused developments. Deloitte’s 2017 Technology Fast 500™ ranked Net Element as one of the fastest-growing companies in North America. The year before, 2016, South Florida Business Journal ranked Net Element as one of the fastest-growing technology companies. When Hurricane Irma hit, the company was ready and able to support affected Florida SMB merchants with free mobile point-of-sale credit card readers. Net Element works to provide virtually seamless payment solutions and powerful problem-solving expertise to the small to medium enterprises it serves. The $7.55 million investment has put the company in position to continue achieving organic growth as it moves forward with innovative blockchain developments.”

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