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PublicNASDAQ:NETE
Date10/2012
Raised
Post IPO Valuation

General Information

Offices

Show All Offices

People

Chief Executive Officer and Director
Chief Financial Officer
President
President of Mobile Commerce and Payment Processing
Director
Director
Director
Director
Show All People

Acquisitions

QUICKPAY USA, 7/2013
Aptito, 5/2013

Investments

LegalGuru 3/2011

Funding

TOTAL $60.5M
FUNDING TOTAL $34M
Venture Round, 4/2012
Igor Krutoy
$2M
Venture Round, 5/2012
Kenges Rakishev
$32M
POST IPO FUNDING TOTAL $26.5M
Post IPO Equity, 10/2012
Cazador Acquisition Corporation Ltd
$26.5M
DEBT TOTAL $9.5M
Debt, 9/2012
$9.5M

Tags

Net Element International

Net Element International Inc. (NASDAQ:NETE) is a technology driven group in mobile commerce and payment processing, as well as in entertainment and culture Internet destinations in Russia and other emerging markets. Its international technology development centers, extensive global network and high-level business relationships in Russia and the Commonwealth of Independent States strategically position the company for growth in these markets and beyond.

Net Element International owns and operates a mobile-commerce company, TOT Money, as well as several Internet properties that create social and business communities in the entertainment, music, motorsports and film industries. Net Element International’s global headquarters are located in Miami, Florida. The company has an in-house engineering team of more than 60 professionals and a support staff located in two facilities as well as in a university in Russia.

Recent Milestones

  • Check
    Net Element International — Aptito, LLC Announces Visa Ready Status for Their mPOS Solution (1/15/14)
    Posted 1/15/14 at 11:39am via nytimes.com
  • Check
    Net Element International — Net Element Receives Finance Monthly’s 2013 Deal Maker of the Year Award. Net Element’s Acquisition of Aptito, a Cloud-Based Point of Sale Payments Platform Wins Among Finance Monthly’s Global Awardees (1/8/14)
    Posted 1/12/14 at 10:31pm via wsj.com
  • Check
    Net Element International — Net Element CEO Honored With Best in Biz Award - Oleg Firer Recognized in the Executive of the Year Category for His Leadership and Innovation (11/27/13)
    Posted 11/28/13 at 1:03pm via wsj.com
  • Check
    Net Element International — Net Element Announces Third Quarter 2013 Financial Results and Operational Update (11/15/13)
    Posted 11/17/13 at 10:32am via wsj.com
  • Check
    Net Element International — TOT Group Ukraine Partners with PrivatBank to Introduce Value-Added Transactional Products in Ukraine (11/12/13)
    Posted 11/17/13 at 10:29am via marketwatch.com
  • Check
    Net Element International — Net Element's TOT Group Expands to Ukraine - Launch of TOT Group Ukraine Will Focus on Value-Added Transaction Services in This Growing Region (10/30/13)
    Posted 10/31/13 at 1:47am via yahoo.com
  • Check
    Net Element International — Net Element and PAY.ON Launch Transactional Services Platform in Russia. Value-Added Transactional Services Platform Will Allow Innovative Transactional Solutions to Be Launched in The Growing Region. (10/8/13)
    Posted 10/14/13 at 1:25am via marketwatch.com
  • Check
    Net Element International — Net Element Announces Divestiture of Its Non-Core Entertainment Assets. Resources Focused on Mobile Payments and Value-Added Transactional Technologies. (9/26/13)
    Posted 10/14/13 at 1:21am via yahoo.com
  • Check
    Net Element International — Net Element International Announces Second Quarter 2013 Financial Results and Operations Update (8/20/13)
    Posted 8/21/13 at 1:13am via nytimes.com
  • Check
    Net Element International — Aptito, LLC Announces Integration with USAePay. The New Integration Expands Aptito’s Connectivity to this Popular Payment Gateway for Easy and Secure Mobile Payment Processing. (8/8/13)
    Posted 8/9/13 at 4:51am via wsj.com
  • Check
    Net Element International — Aptito, LLC Announces Integration with TSYS. The New Integration Expands Aptito’s Connectivity and Aligns it with One of the World’s Largest Payment Processing Networks. (8/2/13)
    Posted 8/2/13 at 2:51pm via heraldonline.com
  • Check
    Net Element International — TOT Group Announces High Speed Entry into Latin American Market by Sponsoring Pietro Fittipaldi Promoting their Speed of Payments with Grandson of the Legendary Emerson Fittipaldi (7/23/13)
    Posted 7/23/13 at 8:24am via dailyfinance.com
  • Check
    Net Element International — Net Element Added to Russell 3000 Index (7/10/13)
    Posted 7/10/13 at 8:35am via miamiherald.com
  • Check
    Net Element International — MUSIC1.RU RECORDING ARTISTS INCLUDING T-KILLAH, ALEXANDER PANAYOTOV, VITAS AND BRAVO NOW AVAILABLE ON THE iTUNES STORE® (7/8/13)
    Posted 7/9/13 at 3:57pm via dailyfinance.com
  • Handshake
    Posted 7/3/13 at 8:05pm via freshnews.com
  • Check
    Net Element International — Net Element to Acquire Quickpay, a Proprietary Payment Terminal Network That Provides Consumers with a Convenient Way to Pay for Goods or Services (7/3/13)
    Posted 7/3/13 at 12:28pm via yahoo.com

Videos

Screenshots

Net Element International screenshot
Above: Net Element
Uploaded: 9/18/12

Stock Price

Sources

  1. Net Element to Acquire Quickpay, a Proprietary Payment Terminal Network That Provides Consumers with a Convenient Way to Pay for Goods or Services (freshnews.com) [edit]
  2. Net Element, Inc., will acquire Aptito, Inc. (finance.yahoo.com) [edit]
  3. AMENDED AND RESTATED GURU JOINT VENTURE AGREEMENT (sec.gov) [edit]
  4. Net Element Receives $2M from Igor Krutoy to Launch Music1.com (finsmes.com) [edit]
  5. Net Element Receives $32M from Kenges Rakishev (bloomberg.com) [edit]
  6. Net Element Receives 300 Million Rubles ($9.5 Million) Credit Facility and Expects Another 300 Million Rubles ($9.5 Million) under Factoring Agreement from Alfa-Bank (freshnews.com) [edit]
  7. Net Element International Inc. Rings The NASDAQ Stock Market Opening Bell (nasdaq.com) [edit]
  8. Michael Waltrip Joins Motorsport.com (bleacherreport.com) [edit]
    Sergey Khabarov Named General Director of Net Element in Russia (markets.on.nytimes.com) [edit]
    NETE receives $9.5 million from Alfa-Bank (miamiherald.com) [edit]
    Kenges Rakishev Acquires $32 Million in Net Element Stock (bloomberg.com) [edit]
    Igor Krutoy Invests in Net Element (finance.yahoo.com) [edit]
    Newly appointed CEO of Net Element International is Recognized as a Top Entrepreneur by Business Leader Magazine and Ernst & Young (finance.yahoo.com) [edit]
    Yahoo Finance (finance.yahoo.com) [edit]
    Yahoo Finance (finance.yahoo.com) [edit]
    Daily Fianance (dailyfinance.com) [edit]
    Yahoo Finance (finance.yahoo.com) [edit]
    Smartphone Biz News (smartphone.biz-news.com) [edit]
    Yahoo Finance (finance.yahoo.com) [edit]
    Daily Fianance (dailyfinance.com) [edit]
    The Miami Herald (miamiherald.com) [edit]
    Daily Finance (dailyfinance.com) [edit]
    HeraldOnline (heraldonline.com) [edit]
    The Wall Street Journal (online.wsj.com) [edit]
    The New York Times (markets.on.nytimes.com) [edit]
    Yahoo Finance (finance.yahoo.com) [edit]
    The Wall Street Journal (marketwatch.com) [edit]
    Yahoo Finance (finance.yahoo.com) [edit]
    WSJ MarketWatch (marketwatch.com) [edit]
    Wall Street Journal (online.wsj.com) [edit]
    Wall Street Journal (online.wsj.com) [edit]
    Wall Street Journal (online.wsj.com) [edit]
    New York Times (markets.on.nytimes.com) [edit]
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Last Edited 4/1/14

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