Cuentas Inc., through its subsidiaries, provides mobile banking, online banking, prepaid debit, and digital content services to the unbanked, underbanked, and underserved communities in the United States and internationally. It offers prepaid voice, text, and data mobile phone services; and domestic and international long-distance voice, text, and data telephony services. The company also provides Fintech Card, a GPR integrated into a proprietary robust ecosystem that protects customers by depositing their funds in an FDIC insured bank account. The ecosystem includes a mobile wallet for digital currency, stored value card balances, prepaid telecom minutes, loyalty reward points, and purchases made in the Cuentas Virtual Marketplace. Cuentas Inc. was incorporated in 2005 and is headquartered in Miami, Florida.
IPO Year:
Exchange: NASDAQ
Website: cuentas.com
Cuentas signs mutual agreement with InComm for closure of Fintech Processing Agreement to concentrate on Digital Content, Wireless Internet Connectivity and Mobile Phone offerings. MIAMI BEACH, FL, Aug. 19, 2024 (GLOBE NEWSWIRE) -- Cuentas, Inc. (OTC:CUEN, CUENW))) ("CUEN" or "the Company"), recently filed an 8k disclosing the mutual sunsetting of its fintech processing agreement for the prepaid debit card with Interactive Communications International, Inc., ("InComm") on August 12, 2024 and InComm's issuance of a $475,000 credit to Cuentas to complete the closure. Cuentas is changing direction and is closing its fintech division while it maintains and develops its InComm relationshi
Cuentas, Inc. Announces Outstanding Q1 2024 Financial Results: Reports Astonishing 998% YOY Sales Increase, Provides Update on Sale of Tampa Real Estate and Distribution Partnership Ownership. MIAMI BEACH, FL, May 21, 2024 (GLOBE NEWSWIRE) -- Cuentas, Inc. (OTC:CUEN, CUENW))) ("CUEN" or "the Company"), a pioneer driving the seamless integration of fintech, mobile telecommunications, and real estate for the unbanked and underbanked Hispanic demographic, announced today the publication of the company's Q1 2024 financial report on SEC Form 10Q. Key highlights include the company's improved sales and financial results, expected completion of the definitive sale of its Brooksville, Florida
Cuentas, Inc. Reports Financial Results for YE 2023 Fueled by its Fintech, Mobile Telecom and Additional Real Estate Assets in South Florida. Expects Imminent Closing Sale of Tampa Real Estate Asset Unlocking Remarkable Profits and Cash. MIAMI BEACH, FL, April 16, 2024 (GLOBE NEWSWIRE) -- Cuentas, Inc. (OTC:CUEN, CUENW))) ("CUEN" or "the Company"), a pioneer driving the seamless integration of fintech, mobile telecommunications, and real estate for the unbanked and underbanked Hispanic demographic, announced today the publication of the company's FY 2023 financial report on SEC Form 10K. The report reflects the company's financial results supported by its diversified offerings servi
Cuentas, Inc.'s Strategic Move: From $5.05 Million Acquisition to $7.2 Million Sale - A Remarkable Leap in Record Time MIAMI BEACH, FL, March 14, 2024 (GLOBE NEWSWIRE) -- Cuentas, Inc. (OTC:CUEN, CUENW))) ("CUEN" or "the Company"), a pioneer driving the seamless integration of fintech, mobile telecommunications, and real estate for the unbanked and underbanked Hispanic demographic, Cuentas is pleased to announce the unveiling of the terms for the sale of its esteemed Brooksville, Florida property. Acquired in 2023, the transaction sets the stage for a transformative deal expected to close within 60 days, following due diligence by the purchaser. This transaction will furnish the Comp
Cuentas, Inc. Unleashes Shareholder Letter, Sharing Dynamic Improvements in Core Fintech Services and Exciting Feature Additions and the Current Status of its Upcoming Filing. MIAMI BEACH, FL, March 13, 2024 (GLOBE NEWSWIRE) -- Cuentas, Inc. (OTC:CUEN, CUENW))) ("CUEN" or "the Company"), a pioneer driving the seamless integration of financial services, telecommunications, and real estate for the unbanked and underbanked Hispanic demographic, is delighted to announce the release of a shareholder letter from its Chief Executive Officer, Mr. Arik Maimon. This communication offers a comprehensive update on the company's core services commercial offer and market expansion, evaluation of stra
Cuentas, Inc. discloses the overarching terms of its mortgage and loan agreement conditions, including a $500,000 Line of Credit. Cuentas Casa is poised to embark on the commencement of the Tampa real estate project development, further reinforcing its commitment to growth and innovation. MIAMI BEACH, FL, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Cuentas, Inc. (OTC:CUEN, CUENW))) ("CUEN" or "the Company"), the trailblazing force behind fully integrated real estate, telecommunications, and financial applications for the unbanked and underbanked Hispanic market, has unveiled key developments related to its Tampa project and associated line of credit, signaling the imminent launch of the trans
Cuentas, Inc. Unveils Empowering Shareholder Letter: Triumph in Proxy Votes, Surging Revenue, and Elevated Gross Margins Steal the Spotlight, Reinforcing Dominance in Integrated Mobile, Fintech, and Real Estate Ventures. MIAMI BEACH, FL, Jan. 08, 2024 (GLOBE NEWSWIRE) -- Cuentas, Inc. (OTC:CUEN, CUENW))) ("CUEN" or "the Company"), the trailblazing force behind fully integrated real estate, telecommunications, and financial applications for the unbanked and underbanked Hispanic market, proudly releases a letter to its shareholders, from the Company CEO, Mr. Arik Maimon, sharing the monumental accomplishments of fiscal year 2023, the triumphant outcomes of our shareholder meeting, and hi
Cuentas, Inc. Reaffirms its leadership in Telecommunications, Financial Technology and Real Estate. Releases the results of the Annual Meeting of Shareholders, confirming the company's guidance, governance and support for its integrated services businesses. MIAMI BEACH, FL, Dec. 21, 2023 (GLOBE NEWSWIRE) -- Cuentas, Inc. (OTC:CUEN, CUENW))) ("CUEN" or "the Company"), the foremost developer of fully integrated real estate, telecommunications, and financial applications for the unbanked and underbanked Hispanic market, proudly reveals the outcomes of its Annual Meeting of Shareholders, solidifying unequivocal backing from its stakeholders for the advanced vision set forth by the Board of
Cuentas, Inc. Plans exponential growth in the thriving South Florida real estate landscape in 2024, anticipating lower interest rates, and harnessing the power of cost-efficient and weather-resistant composite building technology from Renco USA. This visionary approach propels Cuentas, Inc., to the forefront of the region's real estate boom, setting the stage for exponential success in the dynamic landscape of multifamily development. MIAMI BEACH, FL, Dec. 20, 2023 (GLOBE NEWSWIRE) -- Cuentas, Inc. (OTC:CUEN, CUENW))) ("CUEN" or "the Company"), the foremost developer of fully integrated real estate, telecommunications, and financial applications for the unbanked and underbanked Hispani
Cuentas, Inc.'s announced shareholders are now able to cast their proxy votes in advance of the Annual Meeting of Shareholders scheduled for December 20, 2023, at 10 am (EDT). Launches electronic voting site and printed material distribution. MIAMI BEACH, FL, Dec. 11, 2023 (GLOBE NEWSWIRE) -- Cuentas, Inc. (NASDAQ:CUEN, CUENW))) ("CUEN" or "the Company"), the foremost developer of fully integrated cybersecurity, telecommunications, and financial applications for the unbanked and underbanked Hispanic market, announced the has filed a Definitive Proxy Statement for shareholders to elect directors and ratify the company's independent registered public accounting firm. The Proxy also facili
Cuentas appoints a new Chief Financial Officer and makes additional management changes in anticipation of future acquisition and impending product launch. MIAMI BEACH, Fla., Oct. 19, 2023 (GLOBE NEWSWIRE) -- Cuentas, Inc. (NASDAQ:CUEN, CUENW))), the developer of an alternative financial ecosystem for the underbanked, proudly announces significant management changes to fortify its foundation for future growth. The company's latest move involves the appointment of Mr. Shlomo Zakai as Chief Financial Officer and Mr. Adiv Baruch as Strategic Business Officer. Mr. Zakai's appointment follows closely on the heels of Cuentas' recent announcement regarding its planned acquis
Lexi Terrero to Join Cuentas BoardMIAMI BEACH, FL / ACCESSWIRE / January 12, 2023 / Cuentas, Inc. (NASDAQ CUEN)(NASDAQ:CUENW) ("Cuentas"), a leading fintech provider of mobile financial app and payment solutions today announced the appointment of Lexi Terrero as a new independent director to its Board.Ms. Terrero is a Managing Partner of The Flo Lab, a Full-Service Marketing Agency with offices in New York, Miami & Dallas. Her responsibilities include leading all marketing and communications activities including campaign strategy and creative development, brand strategy, Media & Public Relations, brand partnerships, content strategy and Influencer Campaigns on behalf of the agency's clients
MIAMI, FL / ACCESSWIRE / June 15, 2022 / Cuentas, Inc. (NASDAQ:CUEN) (NASDAQ:CUENW) ("Cuentas"), a leading fintech provider of mobile financial app and payment solutions, announced today that it has regained compliance with Nasdaq listing rules 5605(b)(1) and 5605(c)(2) following the recent appointments of two independent board members to the board of directors - Sandra Orihuela and Sara Sooy. As previously disclosed, Ms. Sooy was appointed to the audit committee and Ms. Orihuela was appointed to the compensation committee.About CuentasCuentas, Inc. (NASDAQ:CUEN) (NASDAQ:CUENW) is a fintech e-finance and e-commerce service provider with proprietary technology that delivers digital financial
Sara Sooy and Sandra Orihuela to Join Cuentas BoardMIAMI, FL / ACCESSWIRE / May 23, 2022 / Cuentas, Inc. (NASDAQ:CUEN, CUENW))) ("Cuentas"), a leading fintech provider of mobile financial app and payment solutions today announced the appointment of two new independent directors, Sandra Orihuela and Sara Sooy to its Board.Ms. Orihuela has been appointed to the compensation committee and Ms. Sooy has been appointed to the audit committee."We are pleased to welcome Sara and Sandra to the Cuentas Board," said Jeff Johnson, Cuentas CEO. "Each of these accomplished professionals bring valuable perspectives and expertise that will support our strategic goals in 2022 and beyond.""Adding these two hi
Cuentas, Inc. Reports Financial Results for YE 2023 Fueled by its Fintech, Mobile Telecom and Additional Real Estate Assets in South Florida. Expects Imminent Closing Sale of Tampa Real Estate Asset Unlocking Remarkable Profits and Cash. MIAMI BEACH, FL, April 16, 2024 (GLOBE NEWSWIRE) -- Cuentas, Inc. (OTC:CUEN, CUENW))) ("CUEN" or "the Company"), a pioneer driving the seamless integration of fintech, mobile telecommunications, and real estate for the unbanked and underbanked Hispanic demographic, announced today the publication of the company's FY 2023 financial report on SEC Form 10K. The report reflects the company's financial results supported by its diversified offerings servi
Cuentas Casa is growing its portfolio of real estate developments, with the intention of building a national and eventually international presence for the Company's proprietary development technologies, that combine sustainability, accessibility, and affordability, making quality living a real opportunity for everyone . MIAMI BEACH, Fla., June 6, 2023 /PRNewswire/ -- Cuentas, Inc. (NASDAQ:CUEN) (NASDAQ:CUENW) ("Cuentas"), the Company that is creating an alternative financial ecosystem for a hard working population who do not have access to traditional financial alternatives, today announced that it is adding to its Cuentas Casa Portfolio with the acquisition of 28.5 acres of mixed-use land
MIAMI BEACH, FL / ACCESSWIRE / February 3, 2023 / Cuentas, Inc. (NASDAQ:CUEN)(NASDAQ:CUENW) ("Cuentas"), a leading fintech provider of mobile financial app and payment solutions has signed a definitive agreement to acquire an equity position in the first sustainable rental housing project developed in the US using a patented MCFR Mineral Composite Fiber Reinforced Construction Technology that has been approved for hurricane-prone areas as such in Florida.The $1.195M acquisition cost for the 6% equity stake will be satisfied by the issuance of approx 3.8M common shares, which is equivalent to 19.9% of the outstanding and issued shares of CUEN. The Lakewood Village project is an affordable mul
MIAMI BEACH, FL / ACCESSWIRE / December 15, 2022 / Cuentas Inc. (NASDAQ:CUEN, CUENW))) ("Cuentas") announced today that it has signed an agreement to acquire controlling interest of its CuentasMAX LLC ("CuentasMAX") Joint Venture with WaveMAX Corporation ("WaveMAX") and Execon Smart Solutions LLC (Execon) in a cash transaction, pending board approval.WaveMAX, the pioneer of the world's first shared WiFi network, has successfully implemented and demonstrated its WiFi6-5G shared network in Bodegas and small stores in New York, Los Angeles and Puerto Rico.CuentasMAX was incorporated as a joint venture between WaveMAX, Cuentas, a leading FinTech provider (Top 4 Fintech) of mobile payments, digit
MIAMI BEACH, FL / ACCESSWIRE / August 17, 2022 / Cuentas, Inc. (NASDAQ:CUEN)(NASDAQ:CUENW) ("Cuentas"), a leading fintech provider of mobile financial app and payment solutions, will hold an Earnings and Shareholder Update Conference Call on Thursday, August 18, 2022, at 4:30 PM Eastern Time. The company invites shareholders and interested investors to participate in the call. Discussions will primarily concern the Q2 Earnings results filed Aug 15, 2022 and three major company updates previously teased by Cuentas's July 20th Shareholder Report, including management updates of the company's current position and recent developments.Questions can be submitted after registering and during the ca
Targeted Marketing and Popular Features Like Exclusive Cardholder Discounts Driving the TrendMIAMI, FL / ACCESSWIRE / June 8, 2022 / Cuentas, Inc. (NASDAQ:CUEN)(NASDAQ:CUENW) ("Cuentas"), a leading fintech provider of mobile financial app and payment solutions had the largest increase in account registrations in May 2022, and the company is on pace to have a record Q2.In the first two months of the second quarter, new users have already outpaced acquisition rates for the full first quarter by 172%. The uptick is driven by several strategic marketing initiatives that have increased overall brand awareness and affinity among key target audiences and users in priority markets."New Cuentas user
Cuentas paid $750k and was granted an option to purchase the remaining 80.01% for $2.46 millionMIAMI, FL / ACCESSWIRE / June 2, 2022 / Cuentas, Inc. (NASDAQ:CUEN, CUENW))) ("Cuentas"), a leading fintech provider of mobile financial app and payment solutions has completed the acquisition of 19.99% of Cuentas SDI LLC, owner of SDI Black011 assets. Cuentas paid $750,000 for the minority stake in the company with the ability to acquire the remaining 80.01% within the next 90 days for $2.46 million.SDI is a leading prepaid portal and digital provider with a nationwide retail distribution network which produced revenue over $8.2 million in 2021. The purchase agreement gives Cuentas a 40% share of
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Cuentas, Inc. Unveils Empowering Shareholder Letter: Triumph in Proxy Votes, Surging Revenue, and Elevated Gross Margins Steal the Spotlight, Reinforcing Dominance in Integrated Mobile, Fintech, and Real Estate Ventures.MIAMI BEACH, FL, Jan. 08, 2024 (GLOBE NEWSWIRE) -- Cuentas, Inc. (OTC:CUEN, CUENW))))) ("CUEN" or "the Company"), the trailblazing force behind fully integrated real estate, telecommunications, and financial applications for the unbanked and underbanked Hispanic market, proudly releases a letter to its shareholders, from the Company CEO, Mr. Arik Maimon, sharing the monumental accomplishments of fiscal year 2023, the triumphant outcomes of our shareholder meeting, and his vis
- SEC Filing
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Cuentas, Inc.'s announced shareholders are now able to cast their proxy votes in advance of the Annual Meeting of Shareholders scheduled for December 20, 2023, at 10 am (EDT). Launches electronic voting site and printed material distribution.MIAMI BEACH, FL, Dec. 11, 2023 (GLOBE NEWSWIRE) -- Cuentas, Inc. (NASDAQ:CUEN, CUENW))))) ("CUEN" or "the Company"), the foremost developer of fully integrated cybersecurity, telecommunications, and financial applications for the unbanked and underbanked Hispanic market, announced the has filed a Definitive Proxy Statement for shareholders to elect directors and ratify the company's independent registered public accounting firm. The Proxy also facilitate
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