Home Top Movers Could This Be The Reason For The Cuentas (CUEN) Stock Uptrend Today?

Could This Be The Reason For The Cuentas (CUEN) Stock Uptrend Today?

Shares of leading FinTech provider of mobile banking and payment solutions focused on Hispanic and Latino communities Cuentas Inc. (CUEN) were increasing 17.75% in pre-market session to trade at $3.45.

Get the hottest stocks to trade every day before the market opens 100% ‎free. Click here now. 

Cuentas stock remained stable to close Thursday’s session at $2.93. There were 62574.0 shares of CUEN stock were traded, which was less than the average daily volume of 273.30K shares the last 50 days. A recent development may also give us more insight into CUEN stock rise in absence of directly relevant news.


3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

Sponsored


   Read More

What was the development?

A FinTech company specializing in electronic banking and eCommerce, Cuentas offers proprietary e-commerce and online banking solutions to the unbanked Hispanic and Latino populations. In addition to mobile and online banking, CUEN’s services include prepaid debit cards, ACH and mobile deposits, cash remittance, peer-to-peer money transfers, and providing access to bank accounts for customers who previously could not open a bank account.

Cuentas has recently signed a Marketing Agreement with SDI Black 011, the leading mobile devices and Internet provider for prepaid cards, to incorporate SDI mobile solutions, its SaaS platform and digital wallet into its online store.

Currently, the SDI network has over 31,600 locations in the USA. For Cuentas to begin a major expansion of the SDI network in New York, New Jersey, and Connecticut in the tri-state area of the US, they will deposit $200,000 in escrow.

Currently, Cuentas is only affiliated with the CT GO_Transit Reload system but plans to be connected to the NY MTA for digital sales to the public in September when the Cuentas App is expected to be implemented.

Get the hottest stocks to trade every day before the market opens 100% ‎free. Click here now. 

How and what?

Cuentas (CUEN) will provide free WiFi hotspots at 250 restaurants, which will generate marketing interest and revenue from their ad platform. A Cuentas Starter Prepaid Mastercard and the Cuentas Mobile App will also be promoted to its 1 million subscribers by SDI Black 011.

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Must Read

Oragenics Inc. (OGEN) stock gained during current market. What’s driving it high?

Oragenics Inc. (OGEN) stock gains by 54.33% during the current market trading session. Oragenics, is a research and development firm focused on combating infectious...

Flora Growth Corp. (FLGC) stock declines during premarket. Here’s what you should know?

Flora Growth Corp. (NASDAQ: FLGC) stock gained by 49.67% at last close whereas the FLGC stock price plunged by 18.36% in the pre-market trading...

Palatin Technologies Inc. (PTN) stock rises during pre-market trading. What has been happening lately?

Palatin Technologies Inc. (NASDAQ: PTN) stock declined by 1.16% the last close whereas the PTN stock price gains by 3.91% in the pre-market trading...

Smith Micro Develops Inc. (SMSI) stock soars during current market trading. Here’s to know why?

Smith Micro Develops Inc. (NASDAQ: SMSI) stock surged by 2.39% during the current market trading session. Smith Micro creates software that simplifies and improves...

Drive Shack Inc. (DS) stock soars during after-hour trading, followed by no recent update

Drive Shack Inc. (NASDAQ: DS) stock declined by 3.94% at last close while the DS stock-price surged by 7.38% in the after-hour session. Drive...

Oragenics Inc. (OGEN) stock gained during current market. What’s driving it high?

Oragenics Inc. (OGEN) stock gains by 54.33% during the current market trading session. Oragenics, is a research and development firm focused on combating infectious...

Tonix Pharmaceutics Holdings Inc. (TNXP) stock gains during current market. What’s driving it high?

Tonix Pharmaceuticals Holdings Inc. (TNXP) stock gains by 2.81% in the current market trading session. Tonix is a clinical-stage biopharmaceutical business dedicated on finding,...

Intec Pharma Inc. (NTEC) stock declines during current market after a massive upraise. What’s happening?

Intec Pharma Inc. (NASDAQ: NTEC) stock drops by 7.88% during the current market trading session. Intec Pharma is a clinical-stage biopharmaceutical firm specializing in...

Related News

Intec Pharma Inc. (NTEC) stock declines during current market after a massive upraise. What’s happening?

Intec Pharma Inc. (NASDAQ: NTEC) stock drops by 7.88% during the current market trading session. Intec Pharma is a clinical-stage biopharmaceutical firm specializing in...

F5 Networks Inc. (FFIV) stock soars during pre-market trading. Here’s to know why?

F5 Networks Inc. (FFIV) stock gained by 0.23% at the last close while the FFIV stock surged by 6.05% in the pre-market trading session....

Here is why Cerecor Inc. (CERC) stock turnaround in the after-hours on Monday?

Cerecor Inc. (CERC) shares gained 12.23% in after-hours on Monday, July 26, 2021, and closed the trading at $3.12. in the regular trading session,...

Here is why Bit Digital Inc. (BTBT) stock skyrocketed on Monday?

Bit Digital Inc. (BTBT) shares declined 10.94% in after-hours on Monday, July 26, 2021, and closed the day at $7.90. Earlier in the regular...

Why did Protagenic Therapeutics Inc. (PTIX) stock commence the new week with a negative trend?

Protagenic Therapeutics Inc. (PTIX) shares declined 13.82% in the pre-market on Monday, July 26, 2021, as of this writing. In after-hours on Friday, Protagenic...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

Download Free eBook For

7 GROWTH STOCKS FOR 2021

100% free. stop anytime no spam