General Information
Company Name
Net Element
Founded Year
2004
Location (Offices)
North Miami Beach, United States +4
Founders / Decision Makers
Number of Employees
21
Industries
E-Commerce, Mobile, Payments
Funding Stage
Post Ipo Equity
Social Media

Net Element - Company Profile

Net Element (Nasdaq: NETE) is a global technology-driven group specializing in mobile payments and value-added transactional services. The company owns and operates a global mobile payments and transaction processing provider, TOT Group, Inc. (“TOT Group”). TOT Group companies include Unified Payments, recognized by Inc. Magazine as the #1 Fastest Growing Private Company in America in 2012, Aptito, a next generation cloud-based point of sale payments platform and TOT Money, a leading provider of SMS messaging and mobile billing solutions. Beeline, Russia’s second largest telecommunications operator has ranked TOT Money as the #1 SMS content provider in Russia. Together with its subsidiaries, Net Element enables payments in the online and offline commerce and adds value in the mobile commerce and alternative payments environments. Its global development centers and high-level business relationships in the United States, Russia and Commonwealth of Independent States strategically position the company for continued growth. The company has U.S. headquarters in Miami, Florida and international headquarters in Moscow, Russia. In 2018, the company received a $7.50M post-IPO equity investment.

Funding Rounds & Investors of Net Element (12)

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Funding Stage Amount No. Investors Investors Date
Post-IPO Equity $7.50M - 02 Jan 2018
Post-IPO Debt $20.00M 2 RBL Capital Group 04 May 2016
Post-IPO Equity $24.50M - 01 May 2015
Post-IPO Debt $4.20M - 24 Nov 2014
Post-IPO Debt $11.00M 1 23 Sep 2014

View All 12 Funding Rounds

Latest News of Net Element

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