Net Element, Inc. operates as a financial technology and value-added solutions company worldwide. It operates in three segments: North America Transaction Solutions, Mobile Solutions, and Online Solutions. The North America Transaction Solutions segment provides technology and services that businesses require to accept cashless transaction for retail card-present, e-commerce, or card-not-present mail order/telephone order transactions; and Aptito, a cloud-based point of sale (POS) platform, which includes hospitality, mobile POS, and small to medium sized business retail POS applications, as well as offers mobile payment and merchant back office reporting services, and merchant performance analytical tools. The Mobile Solutions segment provides an integrated mobile billing and mobile commerce solution for digital merchants, such as social networks, game developers, online magazines, mobile applications, and digital media operators to monetize their content in a mobile environment. It also offers various mobile payment solutions for Web services and mobile applications. This segment enables mobile users to pay for purchases through mobile devices, interactive devices, or Web without a credit card or a bank account. The Online Solutions segment operates PayOnline, a software-as-a-service suite of solutions for electronic and mobile commerce gateway and payment processing platform that facilitate payment acceptance and processing through point-to-point encryption and tokenization solutions. It operates in North America, the Russian Federation, and the Commonwealth of Independent States. The company was formerly known as Net Element International, Inc. and changed its name to Net Element, Inc. in December 2013. Net Element, Inc. was founded in 2004 and is headquartered in North Miami Beach, Florida.
Tiny Mobile Payment Company Soars 300% After Announcing Crypto Deal By Arie Shapira December 20, 2017, 9:32 AM EST Updated on December 20, 2017, 9:51 AM EST Shares of mobile payments company Net Element Inc. soared more than 300 percent after the company announced a new blockchain-focused subsidiary. The Miami-based company said in a press release that it has partnered with Bunker Capital for the new business unit, which is "expected to become a decentralized crypto-based ecosystem that will act as a framework for an unlimited number of value-added services."
Are we getting frothy yet? 300% pop on mentioning crypto, anybody getting flashbacks to the .com days? Add the words .com to your company name and BOOM!
Wasn't around yesterday & just now seeing this one on the way down & believe @anotherdevilsadvocate posted this in daily thread awhile back & wonder if she caught this move - crazy!
no position but on watch list & saw thread up here >> Net Element Launches Future-Ready Multi-channel Payments Platform, Netevia - https://finance.yahoo.com/news/net-element-launches-future-ready-134500093.html
The stock has a peculiar pattern; every three months it pops. The last surge was in June, 34%. Before that, the stock more than doubled its value in March this year.
