Cuentas

Cuentas, Inc. is a financial technology company, which focuses on the business of using proprietary technology to provide e-banking and e-commerce services delivering mobile banking, online banking, prepaid debit and digital content services to the unbanked, underbanked and underserved communities. It operates through the Telecommunications and General Purpose Reloadable Cards segments. The company was founded by Arik Maimon and Michael A. de Prado in September 2005 and is headquartered in Miami, FL.

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Cuentas, Inc. is a financial technology company, which focuses on the business of using proprietary technology to provide e-banking and e-commerce services delivering mobile banking, online banking, prepaid debit and digital content services to the unbanked, underbanked and underserved communities. It operates through the Telecommunications and General Purpose Reloadable Cards segments. The company was founded by Arik Maimon and Michael A. de Prado on September 21, 2005 and is headquartered in Miami, FL.

MIAMI BEACH, FL / ACCESSWIRE / November 15, 2022 / Cuentas, Inc. (Nasdaq:CUEN & CUENW) ("Cuentas"), a leading fintech provider of mobile payment solutions filed its 10Q with the SEC for the period ended September 30, 2022, reporting revenue growth, significant increase of over 1,000% from $109,000 in Q3 of 2021 to over $1.1 million in Q3 of 2022. Cuentas' Gross Profit related to revenue increased from $18,000 in Q3 of 2021 to $116,000 in Q3 of 2022, which is an increase of over 630% when comparing quarter by quarter and the total operating loss decreased from $2.4 million in Q3 of 2021 to $2.26 million in Q3 of 2022.

Cuentas Reports Over 1,000% Revenue Growth from $109k in Q3-2021 to Over $1.1 Million in Q3-2022

The sponsorship will enable Cuentas to tap into a substantial fan base of Latin Americans for the promotion of its Cuentas App and GPR card. MIAMI BEACH, Fla.

Cuentas Scores Major Win as It Becomes Exclusive Fintech Sponsor of the Major Arena Soccer League (MASL) for 2022-2023 Season

Jay Adams has guided several prepaid companies to be industry leaders and looks to bring success to Cuentas Mobile. MIAMI BEACH, FL / ACCESSWIRE / September 20, 2022 / Cuentas, Inc. (NASDAQ:CUEN)(NASDAQ:CUENW) ("Cuentas"), a leading fintech provider of financial app and payment solutions, announced today that it has hired Jay Adams as the new Chief Executive Officer of Cuentas Mobile, a wireless prepaid service provider on one of the fastest 5G networks in the US.

Cuentas Inc. Announces Hire of Industry Veteran, Jay Adams, as CEO of Cuentas Mobile

Cuentas will pay monthly wireless services with a minimum monthly $50 cash load to Cuentas App account. MIAMI BEACH, FL / ACCESSWIRE / September 8, 2022 / Cuentas, Inc. (Nasdaq:CUEN & CUENW) ("Cuentas"), a leading financial services App, announced today that it will offer 100,000 GSM SIM cards with free wireless services (voice, text, & data) for life, as long as users load at least $50 cash per month on their Cuentas account.

Cuentas, Inc. Announces FREE Wireless Services for Life to First 100,000 Customers Who Sign Up for Cuentas App

Cuentas App financial services will pay customers monthly wireless services, as long as they keep their account open with a minimum of $50 cash load per month at any VanillaDirect Load location. MIAMI BEACH, FL / ACCESSWIRE / September 8, 2022 / Cuentas, Inc. (NASDAQ:CUEN & CUENW) ("Cuentas"), a leading financial services App, announced today that its wholly owned division, Cuentas Mobile, will offer 100,000 GSM SIM cards with free wireless services (voice, text, & data) for life, as long as users load at least $50 cash per month on their Cuentas account.

RETRANSMISSION: Cuentas, Inc. Announces Its "Cuentas Mobile" Division Will Give FREE Wireless Services for Life to First 100,000 Customers Who Sign Up for Cuentas App for Financial Services

Cuentas App financial services will pay customers monthly wireless services, as long as they keep their account open with a minimum of $50 cash load per month at any VanillaDirect Load location. MIAMI BEACH, FL / ACCESSWIRE / September 8, 2022 / Cuentas, Inc. (Nasdaq: CUEN & CUENW) ("Cuentas"), a leading financial services App, announced today that its wholly owned division, Cuentas Mobile, will offer 100,000 GSM SIM cards with free wireless services (voice, text, & data) for life, as long as users load at least $50 cash per month on their Cuentas account.

Cuentas, Inc. Announces Its “Cuentas Mobile” Division Will Give FREE Wireless Services for Life to First 100,000 Customers Who Sign Up for Cuentas App for Financial Services

Upon meeting the goal, contract exclusivity will be awarded for 2 additional years for a total of 3 years. MIAMI BEACH, FL / ACCESSWIRE / August 31, 2022 / Cuentas, Inc. (Nasdaq:CUEN & CUENW) ("Cuentas"), a leading fintech provider of mobile financial app and payment solutions, announced today it entered a marketing agreement with LSI Group, a fintech and energy solutions provider with headquarters and operations in Guatemala to market the US based Cuentas Mobile App and promote it in Central America countries including El Salvador and Honduras with plans to expand to South America, starting with Colombia, with the goal to sign 200,000 US-based Cuentas cardholders within 1 year for international cross-border remittances.

Cuentas Signs Agreement with LSI Group With Goal of 200,000 US-based Cuentas Mobile App Cardholders within 1 Year

OLB Group

Enters into Strategic Collaboration with OLB to Expand Placement of Cuentas' Payment Solutions on Point-of-Sales Devices MIAMI BEACH, FL / ACCESSWIRE / August 29, 2022 / Cuentas, Inc. (Nasdaq:CUEN & CUENW) ("Cuentas"), a leading fintech provider of mobile financial app and payment solutions, announced today it entered an exclusive licensing and transaction sharing agreement and strategic collaboration with The OLB Group, Inc., (NASDAQ: OLB), a diversified Fintech eCommerce merchant services and mobile payment provider. The collaboration and integration with OLB's platform will allow Cuentas to upgrade its Bodega network and help them evolve into financial centers.

Cuentas Announces Exclusive Software Licensing and Transaction Sharing Agreement with The OLB Group to Serve 32,000 Nationwide Bodega and Convenience Store Network

The Company Board of Directors Approved Establishment of a Search Committee For a Permanent Qualified Veteran CEO With Proven Track Record. MIAMI BEACH, FL / ACCESSWIRE / August 23, 2022 / Cuentas, Inc. (Nasdaq:CUEN & CUENW) ("Cuentas"),a leading fintech provider of mobile financial app and payment solutions, announced today that its co-founder and Executive Chairman, Mr.

Cuentas Announces Co-Founders Arik Maimon & Michael De Prado to Serve as Company's Interim CEO and Interim President Respectively at No Additional Cost to the Company

First Six Months Year Over Year E-commerce Revenue Increased 280% 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, today announced its Q2 earnings report filed Aug 15, 2022. The report marks the largest growth in e-commerce digital revenue for Q1 & Q2 combined, compared to the same 6 month period in FY2021.

Cuentas Inc. Announced Record Digital E-commerce Sales in Q2 Earnings Report

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.

Cuentas to Conduct Q2 Earnings and Shareholder Update Conference Call on August 18, 2022, at 4:30PM Eastern Time

MIAMI BEACH, FL / ACCESSWIRE / August 8, 2022 / Cuentas, Inc. (Nasdaq:CUEN & CUENW) ("Cuentas"), a leading fintech provider of mobile financial app and payment solutions, announced today the closing of its previously announced private placement with a single institutional investor to purchase 4,224,044 shares of common stock (or common stock equivalents) and warrants to purchase up to an aggregate of 4,224,044 shares of common stock priced at-the-market under Nasdaq rules. The purchase price for one share of common stock (or common stock equivalent) and one warrant to purchase one share of common stock is $0.71022.

Cuentas Announces Closing of $3 Million Private Placement Priced At-the-Market Under Nasdaq Rules

MIAMI BEACH, FL / ACCESSWIRE / August 4, 2022 / Cuentas, Inc. (NASDAQ:CUEN & CUENW) ("Cuentas"), a leading fintech provider of mobile financial app and payment solutions, announced today that it has entered into a securities purchase agreement with a single institutional investor to purchase 4,224,044 shares of common stock (or common stock equivalents) and warrants to purchase up to an aggregate of 4,224,044 shares of common stock in a private placement priced at-the-market under Nasdaq rules. The purchase price for one share of common stock (or common stock equivalent) and one warrant to purchase one share of common stock is $0.71022.

Cuentas Announces $3 Million Private Placement Priced At-the-Market Under NASDAQ Rules

MIAMI BEACH, FL / ACCESSWIRE / July 20, 2022 / Cuentas, Inc. (NASDAQ:CUEN)(NASDAQ:CUENW) ("Cuentas"), a leading fintech provider of mobile financial app and payment solutions, has issued a shareholder report with three major company updates: Cuentas, Inc. generated the largest revenue growth for e-commerce and digital content in company history (Q2) following its purchase of 20% of the assets of SDI Black 011, a leader in the digital product and service distribution industry, in order to reach more bodegas and retailers. Cuentas has up to 90 days from contract to acquire the remaining 80% of SDI Black 011 assets.

Cuentas Releases Latest Shareholder Report, Boasts Record Growth, Upcoming Secured Credit Card, and More

Cuentas Founder Shows Faith in Potential Market Value of Cuentas MIAMI, FL / ACCESSWIRE / June 16, 2022 / Cuentas, Inc. (NASDAQ:CUEN)(NASDAQ:CUENW) ("Cuentas"), a leading fintech provider of mobile financial app and payment solutions announces today that its co-founder and Executive Chairman of the Board of Directors, Mr. Shalom Arik Maimon today purchased 32,850 shares of CUEN on the open market.

Cuentas Co-Founder / Executive Chairman Buys CUEN Shares on Open Market

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.

Cuentas Regains Compliance with NASDAQ Rules Following Recent Appointment of Two Independent Board Members

Targeted Marketing and Popular Features Like Exclusive Cardholder Discounts Driving the Trend MIAMI, 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%.

Cuentas Acquires Record Number of New Card, App and Mobile Wallet Users in May 2022

Cuentas paid $750k and was granted an option to purchase the remaining 80.01% for $2.46 million MIAMI, 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.

Cuentas Acquires 19.99% of Cuentas SDI LLC (SDI Black 011)

Sara Sooy and Sandra Orihuela to Join Cuentas Board MIAMI, 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.

Cuentas Appoints Two New Independent Directors to Board

Mobile Payments App and Fintech Files First Quarter 2022 10Q Report MIAMI, FL / ACCESSWIRE / May 16, 2022 / Cuentas, Inc. (Nasdaq:CUEN & CUENW) ("Cuentas"), a leading fintech provider of a mobile financial app and payment solutions reported 40% year-over-year revenue growth in its quarterly report for the period ended March 31, 2022. Total revenue for Q1 ending 3/31/2022 was $394,000 vs $225,000 for the same period of 2021.

Cuentas Reports 40% Year-Over-Year Revenue Growth

MIAMI, FL / ACCESSWIRE / April 28, 2022 / Cuentas, Inc. (NASDAQ:CUEN & CUENW) ("Cuentas"), a leading fintech provider of mobile financial and payment solutions, and prepaid wireless and digital provider SDI Black 011, have finalized a second amendment to the binding letter of intent to acquire the operations of Black011.com which includes the distribution network of 31,600 bodegas & convenience stores and the proprietary platform which produced revenue over $8.2 million in 2021. In the amendment, the two companies have committed to a closing date of May 20, 2022 with conditional penalties if either party fails to close.

Cuentas Executes Second Amendment to Binding Letter of Intent Toward Acquisition of Black011.com

Cuentas Cardholders Will Soon be Able to Use Mobile App to Pay Bills with More Than 30 Service Providers in Mexico MIAMI, FL / ACCESSWIRE / April 7, 2022 / US-based consumers will soon be able to use Cuentas to pay bills in Mexico. As a leading fintech provider of mobile banking, digital wallet and payment solutions, Cuentas already fills a critical gap for Hispanic and Latino communities with affordable digital banking and payment services.

Cuentas to Add Bill Payments to Mexico

Adoption of Digital Payments App on the Rise Among Hispanics and Other Immigrant Populations As Physical Bank Branches Decline MIAMI, FL / ACCESSWIRE / March 30, 2022 / As immigrants make up an increasingly large share of the U.S. population over the next two decades, Cuentas , a leading fintech provider of mobile banking, digital wallet and payment solutions serving Hispanic and Latino communities is filling a critical gap for these consumers. Early this year, Cuentas started a major Latino and Hispanic outreach campaign in southern California, where Census data shows that more than 30 percent of the population is Hispanic, and in Los Angeles County, the proportion increases to 48 percent.

Cuentas Fills Banking Gap for Growing Immigrant Population

MIAMI, FL / ACCESSWIRE / March 23, 2022 / Cuentas, Inc. (NASDAQ:CUEN)(NASDAQ:CUENW) ("Cuentas"), a leading fintech provider of mobile banking and payment solutions has sponsored a "Market Trends and Analysis" March 2022 report to analyze the US fintech market and how it has been affected since the COVID pandemic disrupted the way of life in the US and worldwide. The analysis was performed and published by Perch Perspectives, a self described "human-centric political and business consulting firm".

Perch Perspectives Releases Sponsored "Market Trends and Analysis" Research Report on Cuentas, Inc. and other Fintech Organizations

Riders can now purchase tap and go transit cards at local bodegas and neighborhood retailers MIAMI, FL / ACCESSWIRE / March 21, 2022 / Cuentas, Inc. (NASDAQ:CUEN & CUENW) ("Cuentas"), a leading fintech provider of mobile banking and payment solutions focused on Hispanic and Latino communities, today announced that it has partnered with InComm Payments, a leading payments technology company to distribute transit cards (tap and go) at participating retail locations in New York City. Cuentas, in partnership with InComm Payments and prepaid telecom and digital provider SDI Black 011 (SDI), has integrated with New York City's new fare payment system to enable retail sales and reloads of transit cards.

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