CUEN – Cuentas, Inc. CEO Unveils Triumph in 2023

Unprecedented Shareholder Support in Proxy Vote and Shares Visionary Fiscal Year 2024 Plans - Seite 2

The year 2023 stands adorned with key milestones, achieved through the unwavering dedication of our formidable team. Cuentas charts a course of unprecedented growth, profitability, and augmented shareholder value. Year-over-year revenue escalation and a stellar last quarter, surpassing our own growth expectations, underscore our ascent.

In the realm of real estate, our Cuentas Casa ventures in South Florida was crowned with the triumph of the inaugural Lakewood Village project in Palm Springs, Florida. These apartment buildings stand as a testament to our mission, reinforced by the deployment of Renco’s composite material—a revolutionary building material capable of withstanding Category 5 hurricanes, ensuring durability while trimming construction costs. The journey continues as we harness this remarkable building technology and its myriad benefits.

Cuentas wields a majority stake in our upcoming Tampa project, poised to break ground in 2024. Tampa was recognized as the fastest-growing real estate market in 2022 by Zillow, as it bears witness to a significant surge in housing prices. The potential for reduced mortgage rates is anticipated to stir prospective buyers. Our core team diligently explores additional opportunities to enrich our future portfolio.

In closing, I reiterate my immense pride in our achievements, firmly believing that we stand alone globally in incorporating such a diverse array of offerings. The prospect of perpetuating my experience and energy to serve the Company and its shareholders fuels my enthusiasm. My team and I are resolute in our dedication, spurred by the remarkable results of fiscal year 2023.

Cuentas stands unwavering in its commitment to deliver strategic telecommunications, fintech, and housing solutions—revolutionizing essential service sectors.

Expect periodic updates on our development and success as we actively disseminate our vision and story through all communication channels.

Sincerely,

Arik Maimon
Chairman and CEO

About Cuentas

Cuentas, Inc. (OTC: CUEN & CUENW) is creating an alternative financial ecosystem for the growing global population who do not have access to traditional financial alternatives. The Company’s proprietary technologies help to integrate FinTech (Financial Technology), e-finance and e-commerce services into solutions that deliver next generation digital financial services to the unbanked, under-banked and underserved populations nationally in the USA. The Cuentas Platform integrates Cuentas Mobile, the Company’s Telecommunications solution, with its core financial services offerings to help entire communities enter the modern financial marketplace. Cuentas has launched its General Purpose Reloadable (GPR) Card, which includes a digital wallet, discounts for purchases at major physical and online retailers, rewards, and the ability to purchase digital content. In Q1 of 2023 Cuentas launched Cuentas Casa, an alternative housing development initiative that secured a 10-year supply agreement for a patented, sustainable building system that will provide the bridge between its technology solutions and the affordable housing market. Cuentas has made investments to date in affordable housing projects for over 450 apartments. LINK: https://cuentas.com AND https://cuentasmobile.com