Net Element Launches Merchant Acquiring Enablement Services for Small and Regional Banks Catering to Fintech Startups
Net Element, Inc. (NETE)
Last net element, inc. earnings: 11/14 08:30 am
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Source: GlobeNewswire
Netevia HQ empowers small and regional banks to provide merchant acquiring and innovative payment services to attract Fintech startups MIAMI, FL, Dec. 19, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Net Element, Inc. (NASDAQ: NETE) (“Net Element” or the “Company”), a global technology and value-added solutions group that supports electronic payments acceptance in a multi-channel environment including point-of-sale (“POS”), e-commerce and mobile devices, announces the launch of its merchant acquiring enablement services for small and regional banks in the US. Financial technology startups are capitalizing on consumers’ increased appetite for digital banking solutions. Global financing for the fintech industry hit a new record high in 2018, doubling the investments made in 2017 with over $40 billion invested in 1,700 deals according to a report from CB Insights. Small and regional banks are actively looking to attract fintech startups to increase deposits, loans and fees. Mer
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