Exhibit 21.1
LIST OF SUBSIDIARIES
| Name | Jurisdiction of Incorporation or Organization | |
| Aptito, LLC | Florida | |
| Net Element Services, LLC | Florida | |
| NetLab Systems IP LLC | Florida | |
| Netlab Systems, LLC | Florida | |
| OOO Net Element Russia | Russia | |
| OOO TOT Group | Russia | |
| OOO TOT Group Russia | Russia | |
| OOO Digital Provider | Russia | |
| Tech Solutions LTD | Cayman Islands | |
| TOT Group, Inc. | Delaware | |
| TOT Group Europe LTD | U.K. | |
| TOT Group Cyprus | Cyprus | |
| TOT Group Kazakhstan LLC | Kazakhstan | |
| TOT Group Ukraine LLC | Ukraine | |
| TOT Payments, LLC | Florida | |
| Process Pink, LLC | Florida | |
| TOT HPS, LLC | Florida | |
| TOT FBS, LLC | Florida | |
| TOT New Edge, LLC | Florida | |
| TOT BPS, LLC | Florida | |
| Unified Portfolios, LLC | Florida | |
| Polimore Capital Limited | Cyprus | |
| Brosword Holding Limited | Cyprus | |
| Pay Online Systems LLC | Russia | |
| Innovative Payment Technologies LLC | Russia |
