Business NewsMarketWire • Net Element Announces Two Financings Totaling up to $24.5 Million

Net Element Announces Two Financings Totaling up to $24.5 Million

Net Element Announces Two Financings Totaling up to $24.5 Million

MIAMI, FL--(Marketwired - May 1, 2015) - Net Element, Inc. (NASDAQ: NETE) ("Net Element" or the "Company"), a global technology provider in mobile payments and value-added transactional services, today announced it has entered into definitive agreements with a qualified institutional buyer and certain institutional accredited investors for financing transactions that will make an initial amount of $10.5 million and potential additional amounts of up to an additional $14 million available to the Company.

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Net Element Announces Two Financings Totaling up to $24.5 Million
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