Net Element, Inc. (NASDAQ: NETE) Strengthens Balance Sheet, Product Offerings and Governance
Advanced Netevia platform gets payments to merchants’ bank accounts faster Equity capital injection of cash bolsters balance sheet New board members to sit on audit and compensation committees According to Statista, total payment revenues worldwide climbed to $1.6 trillion in 2016, and the market is projected to reach $2.2 trillion by 2021. Therefore, it’s no surprise that payment processors like Net Element, Inc. (NASDAQ: NETE) are doing so well. The company recently reported 2017 full year revenues of $60.1 million, which represents an increase of approximately 11 percent over its 2016 revenues of $54.3 million. That top line seems set…