CUEN – Cuentas, Inc. Reaffirms Its Dominance in Telecommunications, Financial Technology and Real Estate and Garners Unwavering Shareholder Backing at the Recent Annual General Meeting

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 Directors and Management. Affirming its stature as a dominant force in the market, the company underscores its commitment to excellence through its seamlessly integrated service portfolio and unwavering dedication to long-term sustainability and exponential growth. Management celebrates this momentous occasion, propelling the company forward with a revitalized and steadfast pledge towards achieving unprecedented milestones in 2024.

The Board of Directors and Company Management extend their deepest gratitude to all shareholders for their unwavering support and steadfast commitment to the company's vision. The resounding approval of recent proxy vote proposals not only signifies a strong vote of confidence but also underscores the shared dedication to executing the meticulously planned strategies throughout 2023. The Board's confirmation and the green light on additional proposals inject renewed vigor into the Company's mission, propelling continuous enhancements to its integrated product and service portfolio.

Cuentas, Inc. proudly stands as the unequivocal market leader in telecommunications and financial technology, seamlessly offering an integrated experience under the Cuentas Mobile and Cuentas Fintech brands. The relentless pursuit of improvement has led to substantial revenue generation agreements with key national distribution organizations and the refinement of a more robust financial services application, all while achieving operational cost efficiencies. The stellar third-quarter financial results bear testimony to these transformative efforts.