Cuentas Inc.

Cuentas Inc. (NASDAQ: CUEN) is a financial technology company focused on providing mobile banking, payment, and financial services to Hispanic and underbanked communities in the United States, offering accessible digital financial services through a mobile-first platform designed to meet the financial needs of consumers who are underserved by traditional banking institutions. According to its website at cuentas.com, the company provides a mobile banking account, debit card, and digital wallet platform that enables customers to receive direct deposits, pay bills, send money to family members in Latin America, access ATMs, and manage their finances entirely through a smartphone — without requiring a credit history, minimum balance, or prior banking relationship that can exclude many Hispanic and immigrant consumers from the traditional banking system. Cuentas' platform is specifically designed for the estimated 25 million Hispanic adults in the United States who lack traditional bank accounts or are significantly underserved by conventional financial services.

Cuentas' financial services platform, described at cuentas.com, combines the convenience and accessibility of digital banking with services particularly relevant to the Hispanic community, including international remittance services that enable customers to send money to family members in Mexico and other Latin American countries at competitive rates and low fees. The company's mobile app provides Spanish-language support and customer service, addressing a significant barrier that prevents many Hispanic consumers from fully engaging with English-language financial services providers. Cuentas has also developed a loyalty and rewards program that provides customers with cashback and rewards on purchases at Hispanic-oriented merchants, creating additional value for a community that has historically been overlooked by mainstream financial services loyalty programs.

Cuentas operates in the large and growing market for financial services to Hispanic and underbanked U.S. consumers — a market that represents significant commercial opportunity given the combination of the Hispanic community's rapid population growth, increasing economic and purchasing power, and historical underservice by mainstream financial institutions. According to cuentas.com, the company's mission-driven approach to financial inclusion aligns commercial opportunity with social impact, providing underserved consumers with the tools and services they need to participate fully in the digital economy while building a scalable, technology-driven financial services business. Cuentas' combination of Hispanic community focus, mobile-first platform, remittance capabilities, and financial inclusion mission positions it as a distinctive participant in the growing fintech market for underserved and underbanked consumer financial services.