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Net Element logo — company profile

Net Element

Founded 2004 United States North Miami Beach, United States 21 employees Post Ipo Equity Total: $174.40M E-Commerce, Mobile +1

General Information

Company Name Net Element
Founded Year 2004
Location United States North Miami Beach, United States +4
Employees 21
Industries E-Commerce, Mobile, Payments
Funding Stage Post Ipo Equity
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About Net Element

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 (12)

View All
Funding Stage Amount Investors Lead Investors Date
Post-IPO Equity •••••• - 02 Jan 2018
Post-IPO Debt •••••• 2
Investor
•••• •••• 		04 May 2016
Post-IPO Equity •••••• - 01 May 2015
Post-IPO Debt •••••• - 24 Nov 2014
Post-IPO Debt •••••• 1
Investor
23 Sep 2014

View All 12 Funding Rounds

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FAQ About Net Element

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 Paymen...
Net Element was founded in 2004.
Net Element is headquartered in North Miami Beach, United States.
Net Element operates in the following industries: E-Commerce, Mobile, Payments.
Net Element has approximately 21 employees.
Net Element has completed 12 funding rounds, raising a total of $174.40M. The latest funding stage is Post Ipo Equity.
Top alternatives and competitors to Net Element include Golden Telecom, First Global Data, epay Australia Pty Ltd (Euronet Worldwide), Clearent by Xplor, Ria Money Transfer. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Net Element and Golden Telecom are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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