CUEN – CEO Unveils Shareholder Letter Highlighting Advances in Acquisitions, Real Estate, and Cutting-Edge Construction Technology, Alongside an Anticipated Shareholder Meeting

Cuentas, Inc.'s CEO Delivers a Thorough Update, Shedding Light on the Latest Developments and the Company Dynamic Pivoting to Multibillion Real Estate, Fintech and Cybersecurity Global Markets. Discusses the Upcoming Shareholder Meeting and Future Target Acquisitions.

MIAMI BEACH, FL, Nov. 30, 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, Cuentas, Inc.'s CEO, Mr. Arik Maimon,  delivers a thorough update in a shareholder letter, shedding light on the latest developments surrounding CUEN's imminent acquisition of WHEN, showcasing the revolutionary application of modular construction technology, outlining ongoing and prospective real estate ventures, and unveiling plans for an upcoming shareholder meeting.

Dear Valued Shareholders,

I am thrilled to personally connect with you and provide a comprehensive update on the exceptional progress and milestones achieved by Cuentas, Inc. throughout this transformative year. The dedication and tireless efforts of our team have propelled Cuentas toward a trajectory of growth, profitability, and increased shareholder value.

While navigating global challenges, our organization embraced adversity as an opportunity to thrive. Our commitment translated into innovative strides across diverse sectors, including Telecommunications, Fintech, Real Estate Investments, and Construction Technology. Noteworthy achievements were made in each sector, and we boldly ventured into new technologies such as Cybersecurity, strategically applied in the consumer, financial, and telecommunications sectors.

I am delighted to share the exciting news that Cuentas, Inc. has strategically positioned itself in the rapidly growing cybersecurity market. Through a letter of intent, we are poised to embark on one of the top ten M&A deals of 2023 with the imminent acquisition of WHEN Group. This strategic move solidifies CUEN's active participation in a $215 billion global security market. The management teams of both companies are committed to a seamless integration, reflecting our shared vision for success.