Notes: February 1, 2021 / Cuentas, Inc. (OTCQB:CUEN), ("Cuentas", "CUEN" or "the Company"), a leading FinTech provider of mobile banking and payment solutions focusing on Latino and Hispanic consumers, today announced the pricing of its upsized public offering of 2,790,697 units at a price to the public of $4.30 per unit. The Company concurrently made effective a reverse stock split of its common stock at a ratio of 1-for-2.5. Each unit issued in the offering consists of one share of common stock, one warrant to purchase one share of common stock (each on a post-reverse stock split basis). The common stock and the warrants comprising the units will separate upon closing of the offering and will be issued separately. The common stock and warrants are expected to begin trading on the Nasdaq Capital Market on February 2, 2021, under the symbols "CUEN" and "CUENW," respectively. Cuentas expects to receive gross proceeds of approximately $12.0 million, before deducting underwriting discounts and commissions and other estimated offering expenses.