CUEN · Categories · M&A
CUEN - Mergers and acquisitions
Cuentas Inc. (CUEN) mergers and acquisitions - real-time wire coverage filtered to M&A only.
Recent M&A for CUEN
- Cuentas Announces The Acquisition of a 28.5 Acre Property In Ocala, Florida, Targeted for the Next Phase of Its Cuentas Casa Sustainable Community Initiative,While Releasing Exclusive Renderings of Its Latest Property, Arden by Cuentas Casa, Now in Development Near TampaCuentas Casa is growing its portfolio of real estate developments, with the intention of building a national and eventually international presence for the Company's proprietary development technologies, that combine sustainability, accessibility, and affordability, making quality living a real opportunity for everyone . MIAMI BEACH, Fla., June 6, 2023 /PRNewswire/ -- Cuentas, Inc. (NASDAQ:CUEN) (NASDAQ:CUENW) ("Cuentas"), the Company that is creating an alternative financial ecosystem for a hard working population who do not have access to traditional financial alternatives, today announced that it is adding to its Cuentas Casa Portfolio with the acquisition of 28.5 acres of mixed-use land
- Cuentas Acquires Equity in Affordable Housing ProjectMIAMI BEACH, FL / ACCESSWIRE / February 3, 2023 / Cuentas, Inc. (NASDAQ:CUEN)(NASDAQ:CUENW) ("Cuentas"), a leading fintech provider of mobile financial app and payment solutions has signed a definitive agreement to acquire an equity position in the first sustainable rental housing project developed in the US using a patented MCFR Mineral Composite Fiber Reinforced Construction Technology that has been approved for hurricane-prone areas as such in Florida.The $1.195M acquisition cost for the 6% equity stake will be satisfied by the issuance of approx 3.8M common shares, which is equivalent to 19.9% of the outstanding and issued shares of CUEN. The Lakewood Village project is an affordable mul
- Cuentas Inc Acquires Majority Control of CuentasMAX With Exclusive Rights to WaveMax's SharedFi (R) WiFi6-5G Patented TechnologyMIAMI BEACH, FL / ACCESSWIRE / December 15, 2022 / Cuentas Inc. (NASDAQ:CUEN, CUENW))) ("Cuentas") announced today that it has signed an agreement to acquire controlling interest of its CuentasMAX LLC ("CuentasMAX") Joint Venture with WaveMAX Corporation ("WaveMAX") and Execon Smart Solutions LLC (Execon) in a cash transaction, pending board approval.WaveMAX, the pioneer of the world's first shared WiFi network, has successfully implemented and demonstrated its WiFi6-5G shared network in Bodegas and small stores in New York, Los Angeles and Puerto Rico.CuentasMAX was incorporated as a joint venture between WaveMAX, Cuentas, a leading FinTech provider (Top 4 Fintech) of mobile payments, digit
- Cuentas Acquires Record Number of New Card, App and Mobile Wallet Users in May 2022Targeted Marketing and Popular Features Like Exclusive Cardholder Discounts Driving the TrendMIAMI, 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%. The uptick is driven by several strategic marketing initiatives that have increased overall brand awareness and affinity among key target audiences and users in priority markets."New Cuentas user
- Cuentas Acquires 19.99% of Cuentas SDI LLC (SDI Black 011)Cuentas paid $750k and was granted an option to purchase the remaining 80.01% for $2.46 millionMIAMI, 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.SDI is a leading prepaid portal and digital provider with a nationwide retail distribution network which produced revenue over $8.2 million in 2021. The purchase agreement gives Cuentas a 40% share of