Cuentas Inc. (CUEN) Bundle
A Brief History of Cuentas Inc. (CUEN)
Company Overview
Cuentas Inc. (NASDAQ: CUEN) is a financial technology company headquartered in Miami, Florida. The company focuses on providing digital financial services and mobile banking solutions.
| Ticker Symbol | Exchange | Headquarters | Founded |
|---|---|---|---|
| CUEN | NASDAQ | Miami, Florida | 2014 |
Financial Performance
As of Q4 2023, Cuentas Inc. reported the following financial metrics:
| Financial Metric | Amount |
|---|---|
| Total Revenue | $3.2 million |
| Net Income | -$1.5 million |
| Total Assets | $12.6 million |
Key Services
- Mobile banking platform
- Digital payment solutions
- Prepaid debit cards
- International money transfer services
Market Position
As of 2024, Cuentas Inc. serves approximately 50,000 active users, with a primary focus on Hispanic and underbanked markets.
| User Metrics | Number |
|---|---|
| Active Users | 50,000 |
| Geographic Reach | United States |
Stock Performance
CUEN stock price as of January 2024: $0.45 per share
| Stock Metric | Value |
|---|---|
| Share Price | $0.45 |
| Market Capitalization | $15.3 million |
A Who Owns Cuentas Inc. (CUEN)
Major Shareholders
| Shareholder | Ownership Percentage | Number of Shares |
|---|---|---|
| Institutional Investors | 42.5% | 3,750,000 shares |
| Retail Investors | 32.3% | 2,850,000 shares |
| Company Insiders | 25.2% | 2,225,000 shares |
Top Institutional Shareholders
| Institution | Shares Owned | Percentage |
|---|---|---|
| Vanguard Group Inc | 1,250,000 | 14.2% |
| BlackRock Inc | 875,000 | 9.9% |
| Renaissance Technologies | 625,000 | 7.1% |
Insider Ownership
- CEO Oscar A. Romero owns 12.5% of total shares
- CFO Sergio Rios owns 5.7% of total shares
- Board members collectively own 7% of total shares
Ownership Structure
Cuentas Inc. is a publicly traded company listed on NASDAQ under ticker CUEN with 8,825,000 total outstanding shares as of Q4 2023.
Cuentas Inc. (CUEN) Mission Statement
Company Overview
Cuentas Inc. (NASDAQ: CUEN) is a financial technology company focused on mobile banking and digital payment solutions.
Financial Performance
| Financial Metric | 2023 Value |
|---|---|
| Total Revenue | $4.2 million |
| Net Income | -$3.1 million |
| Cash on Hand | $2.5 million |
| Total Assets | $12.6 million |
Core Business Segments
- Mobile Banking Platform
- Digital Payment Solutions
- International Money Transfer Services
Market Position
Target Markets: United States, Latin America
Technology Infrastructure
| Technology Metric | Current Status |
|---|---|
| Mobile App Users | 45,000 |
| Transaction Volume | $22.3 million annually |
| Digital Wallet Platforms | 2 active platforms |
Strategic Focus
- Expand digital banking services
- Enhance cross-border payment capabilities
- Develop blockchain-enabled financial solutions
Compliance and Regulation
Registered with FinCEN, compliant with BSA/AML regulations.
How Cuentas Inc. (CUEN) Works
Company Overview
Cuentas Inc. is a financial technology company focused on providing digital banking services. As of February 2024, the company is traded on the NASDAQ under the ticker symbol CUEN.
Financial Performance
| Financial Metric | 2023 Value |
|---|---|
| Total Revenue | $3.42 million |
| Net Loss | $4.1 million |
| Total Assets | $7.8 million |
| Stock Price (February 2024) | $0.25 |
Core Business Services
- Digital banking platform
- Mobile banking application
- Prepaid debit card services
- International money transfer solutions
Market Segments
Cuentas primarily serves unbanked and underbanked populations in the United States and Latin American markets.
Technology Infrastructure
The company utilizes cloud-based banking technology and mobile application platforms to deliver financial services.
Operational Metrics
| Metric | 2023 Data |
|---|---|
| Active User Accounts | Approximately 45,000 |
| Transaction Volume | $12.6 million annually |
Regulatory Compliance
Operates under financial regulations for digital banking and money transfer services.
How Cuentas Inc. (CUEN) Makes Money
Business Segments
Cuentas Inc. generates revenue through multiple business channels:
- Mobile Virtual Network Operator (MVNO) services
- Financial technology solutions
- Prepaid mobile services
- Digital banking platforms
Financial Performance
| Financial Metric | 2023 Value |
|---|---|
| Total Revenue | $4.2 million |
| Gross Profit | $1.1 million |
| Net Loss | ($3.6 million) |
Revenue Streams
Mobile Services Revenue: Derived from prepaid wireless plans and mobile network services targeting Hispanic and underbanked markets.
| Service Category | Annual Revenue |
|---|---|
| Prepaid Mobile Plans | $2.7 million |
| Digital Banking Services | $1.5 million |
Technology Platform
Cuentas operates a proprietary digital banking and mobile services platform generating transactional and service fees.
- Mobile application transaction fees
- Interchange revenue from prepaid debit cards
- Mobile virtual network operator service fees
Cuentas Inc. (CUEN) DCF Excel Template
5-Year Financial Model
40+ Charts & Metrics
DCF & Multiple Valuation
Free Email Support
Disclaimer
All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.
We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.
All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.