Net Element, Inc. (NASDAQ: NETE) is an American company in the mobile payments sector in emerging markets and in the United States.
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 mobile payments, SMS messaging and mobile billing solutions.
The company has U.S. headquarters in Miami, Florida and international headquarters in Moscow, Russia.