Neon Bloom Inc., a diversified enterprise group, has announced a new partnership with Elevated International, a U.S.-based company specializing in third-party business development. This collaboration is expected to boost Neon Bloom’s transactional and bottom-line yearly revenue.
Elevated International, led by President and CEO Alex Wasyl, brings over a decade of experience in connecting businesses with
transactional and software solutions across e-Commerce, Enterprise, and Retail sectors. Wasyl expressed enthusiasm about working with Neon Bloom and its subsidiaries, stating, “We look forward to assisting Neon Bloom and its subsidiary, Advanced Executive Sales, in their effort to expand revenues in line with their projections.”
Greg Bauer, CEO of Neon Bloom, shared his optimism about the partnership, saying, “We’re very pleased with this opportunity, and we feel that this relationship with Elevated International will help make a significant contribution to our market space and revenue
generation.”
Neon Bloom Inc. is currently focusing on developing new life-science technologies, technologically improved financial services, and other emerging businesses with high growth potential. The company has recently shifted its primary focus to the financial services industry, particularly the financial transaction processing sector, excluding central bank-related transactions.
Through its wholly-owned subsidiary, Advanced Executive Sales (AES), Neon Bloom has established itself as a rapidly growing provider of secure transaction software solutions for various industries. AES is a certified partner with YNLO Ultratech and Payshield, offering software-based support to over 100 internet-based businesses currently under contract.
In the second quarter of 2024, AES reported gross revenue of $15,966,742 and anticipates generating gross revenues exceeding $30,000,000 for the year ending December 31, 2024. The company plans to expand by acquiring other financial service firms with payment processing technology that complements AES’s current offerings.
Neon Bloom aims to grow its revenue and net asset value through organic growth and additional acquisitions. The company intends to utilize shares of its common stock, non-convertible promissory performance-based notes, and cash as available for these expansions.
As with any forward-looking statements, the company cautions that actual events or results may differ materially from projections. Neon Bloom’s expectations are based on certain assumptions and analyses, considering their experience and perception of historical trends, current conditions, and expected future developments. However, the company acknowledges that several risks, uncertainties, and other factors, many of which are beyond their control, could affect the actual outcomes.
The partnership with Elevated International represents a strategic move for Neon Bloom as it seeks to strengthen its position in the financial services sector and expand its revenue streams. By leveraging Elevated International’s expertise in connecting businesses with innovative solutions, Neon Bloom hopes to capitalize on new opportunities and accelerate its growth trajectory.
As the financial technology landscape continues to evolve,
collaborations like this one between Neon Bloom and Elevated International may become increasingly common. Such partnerships allow companies to combine their strengths, access new markets, and stay competitive in a rapidly changing industry.
Investors and industry observers will likely be watching closely to see how this partnership unfolds and whether it delivers the anticipated benefits for Neon Bloom and its subsidiaries. The success of this collaboration could potentially serve as a model for other companies looking to expand their reach and capabilities in the financial services sector.