Benzinga | Apr 12, 2021 11:04AM EDT

Cuentas Redesigned Mobile App Approved By Apple Store, Google Play

Cuentas, Inc. (NASDAQ:CUEN, CUENW))))) ("Cuentas"), a leading FinTech provider of mobile banking and payment solutions focused on Hispanic and Latino communities announced today that its redesigned Cuentas App has been approved by the Apple App Store and the Google Play Store with a new User Interface (UI) and User Interface Experience (UIX).

The Cuentas Mobile App and Mobile Wallet provide a comprehensive financial solution, providing access to the US financial system to those unable to open a traditional bank account or who prefer not to bank at a traditional financial institution. Account holders' funds are FDIC insured and they have access to banking features such as ATMs, direct deposit, cash reload, free Cuentas App to Cuentas App "send" or "request" money transfers and other mobile banking capabilities. The Cuentas App allows cardholders to purchase discounted gift cards, digital content and even Mass Transit Cards (available in Los Angeles, Connecticut, Michigan, and expected shortly, New York City).

"This new UI and UIX should bring the Cuentas App to the forefront of the prepaid marketplace. We have integrated several highly desirable features in one, easy to use Mobile App, and I have great faith that this will help to propel Cuentas to the next level. I am asking all Cuentas Shareholders to install the updated version of the app as I promise you will be very proud of being Cuentas shareholders," stated Shalom Arik Maimon, Founder and Interim CEO of Cuentas. The Cuentas Mobile App and portfolio of solutions should help to bridge the digital divide for the unbanked, underbanked and underserviced population," added Maimon.

Cuentas is preparing to expand its digital product offering to include additional mainstream gift cards and services as well as International Bill Pay services and Remittances.