Hello Everyone,
I see your questions and comments. Please keep them coming.
It’s been a busy few months for me here in Europe and NetCents overall. As we announced in July, we’re in the process of setting up our German subsidiary and banking for our European expansion. Now that I have laid the groundwork, the entire executive team have joined me here in Munich for the next week to finalize the expansion and fully integrate it into our North American operations.
We continue to hit and exceed our monthly growth numbers, and as announced in September, we have exceeded five million dollars in monthly transactions. To put this in perspective, this represents over 1,500% year over year growth.
We have defined success in North America and built the operational team to service that market. Now, our focus on replicating this success internationally. Our global reach continues to grow with merchants in just about every continent. Throughout Europe, the work we are doing here will allow us to turbocharge this growth and focus on our global expansion.
With all of these pieces in place, the long-term vision that we’ve discussed previously about NetCents being the underlying technology that powers cryptocurrency transactions is now becoming a reality.