CUEN – Cuentas, Inc. Unveils Fintech Offering Advancements, Spotlighting Rapid Expansion in Core Services and Products Tailored to Captivate the Thriving Hispanic Diaspora Market - Seite 2

Our service portfolio, carefully tailored for the United States Hispanic demographic, encompasses a comprehensive suite of cellular services and both virtual and traditional fintech solutions. We take immense pride in being the primary provider of such indispensable services to these communities, offering affordable and efficient solutions.

Preparations are currently underway for our upcoming financial 10K filing, underscoring our diligent financial stewardship and foresight. Expected to be filed by the end of March, these results will reaffirm our unwavering commitment to profitability and growth in 2024 and beyond.

The ongoing development in Tampa marks a pivotal moment for Cuentas. We are currently considering several options to divest for an attractive ROI. Recent refinancing and extensions of our line of credit have fortified our financial position, empowering us to explore these opportunities judiciously. As we evaluate various offers for this project, situated in one of the nation's fastest-growing real estate markets, we remain dedicated to maximizing returns for our shareholders.

Our management team is diligently reviewing offers and will make a prompt decision to divest our real estate property if the terms of the offer are deemed adequate. The sale of this property will inject a substantial cash infusion into Cuentas, strengthening our marketing efforts and amplifying our Cuentas Fintech and Cuentas Mobile offerings through both online and offline distribution channels.

I am committed to providing you with regular updates on our progress and accomplishments. Additionally, a comprehensive management report, in conjunction with our 10K filing, will provide detailed insights into our strategic trajectory and performance.

Thank you for your ongoing trust and support as we navigate the path to sustained success and the enhancement of shareholder value.

Warm regards,

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 Mobile 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. LINK: https://cuentas.com AND https://cuentasmobile.com