Posts made in October 24th, 2012

300 Million Rubles ($9.5 Million) Factoring Financing with Russia’s Largest Private Bank

Posted by on Oct 24, 2012 in Blog | 0 comments

300 Million Rubles ($9.5 Million) Factoring Financing with Russia’s Largest Private Bank

Factoring Agreement Will Support Technology Company’s Growth and Development of Its TOT Money Mobile Commerce and Payment Processing Platform in Russia and Other Emerging Markets MIAMI & MOSCOW–(BUSINESS WIRE)– Net Element International Inc. (NASDAQ: NETE), 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, today announced that its mobile payment processing company, TOT Money, has entered into a 300 million rubles (approximately $9.5 million) factoring...

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