SeeThruEquity, an independent equity research and corporate access firm focused on smallcap and microcap public companies, this morning posted an update on Net Element, Inc. (NASDAQ: NETE), a global technology and value-added solutions group. Since SeeThruEquity’s last coverage update, the company has posted numerous releases regarding its rising transaction volume, the launch of its Netevia platform, and the acquisition of a transactional services portfolio from partner Universal Payment Systems (“UPS”). Following the recent developments from the company, SeeThruEquity’s price target remains unchanged. The analyst classified NETE as a high risk, high growth company in the mobile electronics space and intends to re-evaluate the company as it continues to progress.
To view the full press release, visit http://ibn.fm/xQJog
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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