January 10, 2022

Family travel 5: Carving out time to be with loved ones

Published by
FamilyTravel.com

Making solid plans to spend time with family and friends has been a challenge. Here are five ways it may work for you and members of your family to gather in the months ahead. 1. SKIP-GEN OR GRAMPING Many grandparents have been missing time with their grandkids. A future remedy: a skip-gen or gramping vacation. Parents get a break and grandparents and grandkids get to know each other without the filter of mom or dad on the scene. Grandparents: Plan now to share your experiences and knowledge with your grandkids. Are you a veteran? Did you grow up inspired by the big band era or classical music… Continue reading “Family travel 5: Carving out time to be with loved ones”

January 10, 2022

Africa’s top 20 Best Places to Work revealed

LONDON, Jan. 10, 2022 /PRNewswire/ — The Best Places to Work organization announced today the top 20 Best Places to Work in Africa for 2022. The program recently compiled its annual list based on the assessment of over 500 organizations operating across the continent. Findings from this year indicated that the top performing organizations in Africa continued to invest in creating a highly-engaged workforce, with an average engagement score of 81%, compared with a market average of 69%. Additionally, 92% of top ranked organizations invested in having the right HR technology to improve productivity that could drive future success.

Topping this year’s ranking was Lundbeck, a global pharmaceutical company engaged in the research, development, manufacturing, marketing and sale of pharmaceuticals followed by Teleperformance, a leading global service provider in Customer Interaction and Process Management. Zoetis, a global animal health company secured the third position. To be considered, companies must be identified as outstanding employers at least in one of the countries across the continent.

The ranking was determined based on feedback from employees gathered through anonymous surveys and an HR assessment evaluating the people management practices against the best workplace standards.

The top 20 list includes:

Lundbeck
Teleperformance
Zoetis
Groupe Vipp
Comdata Group
Novo Nordisk
BSH
Chaabi LLD
Ekuity Capital
STKE
SG ATS
iNova Pharmaceuticals
Somezzo
Schindler
Coface
Meridiam
Roche
Paps
Ipsen Pharma
IHS Towers

“This year’s Best employers in Africa demonstrated open communication and top team alignment, with clear differentiators of having a continuous approach across employee experience initiatives,” commented Hamza Idrissi, Program Manager for the Best Places to Work in Africa.

ABOUT BEST PLACES TO WORK PROGRAM

Best Places to Work is the most definitive ‘Employer of Choice’ certification that organizations aspire to achieve. Every year, the program certifies and recognizes leading workplaces in many countries around the world with a rigorous assessment methodology and a framework which reflects the very latest in workplace trends focusing on 8 Workplace factors including leadership, HR & people policies, compensation, benefits, teamwork & relationships, employee engagement, workplace & procedures and corporate social responsibility.

For more information, please visit www.bestplacestoworkfor.org

January 10, 2022

Cuentas Signs Binding Letter of Intent to Purchase SDI Black 011 LLC and Mango Tel LLC for $3.2M

Acquisition Will Expand Cuentas’ Retail and Mobile Reach and Drive Growth in Key Target Markets

MIAMI, FL / ACCESSWIRE / January 10, 2022 / Cuentas, Inc. (NASDAQ:CUEN)(NASDAQ:CUENW) (“Cuentas”), a leading fintech provider of mobile banking and payment solutions, has signed a binding letter of intent to acquire the operations and distribution network of prepaid wireless and digital provider SDI Black 011 (SDI), as well as Mango Mobile and Black Wireless. The deal is expected to close by or before May of this year.

Cuentas previously invested in the expansion of the SDI network, and will leverage these assets to accelerate reach of the Cuentas prepaid debit card and digital wallet via retail, mobile and other channels. SDI generated more than $9 million in retail revenue in 2021.

“This acquisition will drive more recurring revenue and create new operational efficiencies for Cuentas.” said Jeff Johnson, CEO of Cuentas. “We expect SDI’s profitable assets to contribute to economies of scale across our business, and enable more solutions within the Cuentas mobile app, driving higher profits and accelerating market growth in our core fintech business.”

The SDI B2B portal serves over 30,000 US bodegas, wireless retailers and convenience stores, and will enable retailers to sell from a portfolio of hundreds of virtual products without carrying inventory, generating incremental profits in real-time.

Black011 and its brands already have hundreds of thousands of subscribers who purchase services via the SDI website and digital portal, both of which connect via API to the largest wireless companies in the world. This technology allows SDI to be one of the largest distribution channels for wireless services in the New York City metro tri-state area and nationwide.

Through this acquisition, both retailers and Black011 subscribers will benefit from access to Cuentas solutions including the Cuentas Prepaid Debit card, OMNY Transit, Amazon cash, prepaid gift cards, rebates, new offers and more.

About Cuentas

Cuentas, Inc. (Nasdaq: CUEN & CUENW) is a fintech e-banking and e-commerce service provider with proprietary technology that delivers digital financial services to the underbanked and un-banked Hispanic, Latino and immigrant population including mobile and online banking, prepaid debit, ACH and mobile deposits, cash remittance, peer to peer money transferring, and other services. The Cuentas General Purpose Reloadable (GPR) Card includes a digital wallet, discounts for purchases at major

physical and online retailers, rewards, and the ability to purchase digital content. For more information, visit https://cuentas.com

Forward-Looking Statements

This news release contains “forward-looking statements,” as that term is defined in section 27a of the United States Securities Act of 1933, as amended, and section 21e of the United States Securities Exchange Act of 1934, as amended. Statements in this press release, which are not purely historical, are forward-looking statements and include any statements regarding beliefs, plans, expectations, or intentions regarding the future. Except for the historical information presented herein, matters discussed in this news release contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Statements that are not historical facts, including statements that are preceded by, followed by, or that include such words as “believe,” “plan,” or “expect” or similar statements are forward-looking statements.

Investor Relations

Cuentas, Inc.
800-611-3622
info@cuentas.com

SOURCE: Cuentas, Inc.