Cuentas Announces Final Stage Of Fintech And Mobile Product Development Targeting $18B North American Market
Portfolio Pulse from Benzinga Newsdesk
Cuentas, Inc. (NASDAQ:CUEN) has announced the final stage of its fintech and mobile product development, targeting the $18B North American market. The company is updating its 'Cuentas 360' and 'Cuentas' Mobile Apps with first-to-market features, including a gaming library and token rewards. Cuentas also disclosed a premium price per share of $10 for the majority acquisition of World Health Energy Holdings, Inc. (OTC:WHEN). The company expects to launch its application in a selected end-user test group in the next ninety days.
November 09, 2023 | 2:21 pm
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Cuentas is in the final stage of its fintech and mobile product development, which includes first-to-market features. The company is also acquiring a majority stake in World Health Energy Holdings at a premium price per share of $10.
The final stage of product development and the acquisition of World Health Energy Holdings could potentially increase Cuentas' market share and revenue, which could positively impact its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Cuentas is acquiring a majority stake in World Health Energy Holdings at a premium price per share of $10.
The acquisition by Cuentas at a premium price per share could potentially increase the stock price of World Health Energy Holdings.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80