Company profile: Cuentas
1.1 - Company Overview
Company description
- Provider of financial technology products including a digital wallet, prepaid debit cards, and an app (Cuentas Money and Cuentas Card) offering financial tools, discounts, transactions, and transfers; a low-cost mobile phone service with unlimited talk and text on a 4G/5G network without contracts (Cuentas Mobile); and a real estate initiative for sustainable, affordable housing in underserved communities (Cuentas Casa).
Products and services
- CUENTAS CARD: A FDIC-insured, prepaid debit card service for U.S. unbanked users that manages transactions and transfers and requires identity verification per federal law
- CUENTAS MONEY: An app-based digital wallet and debit card that delivers financial tools and discounts to various products and services
- CUENTAS MOBILE: A contract-free, low-cost mobile phone service offering unlimited talk and text on a 4G/5G network without contracts
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Cuentas
PayTrace
HQ: United States
Website
- Description: Provider of simple, scalable payment solutions for businesses, including a PCI-compliant payment gateway with API integrations for accepting payments online, in-person, and on the go; merchant services with next-day funding and virtual terminals; B2B AR automation; ACH payment processing; a virtual terminal with recurring payments and customer data storage; and payment links for secure email/text invoice payments.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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Recharge
HQ: The Netherlands
Website
- Description: Provider of unified prepaid platform solutions that connect brands with customers, enabling stored value products to be obtained anywhere, anytime via multi-country digital storefronts, including Recharge.com and Startselect.com.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Dynamics
HQ: United States
Website
- Description: Provider of interactive payment cards featuring programmable magnetic stripes that communicate dynamic information. Offers customizable computer-in-a-card technology delivering enhanced choice, control, convenience, and security.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Dynamics company profile →
Simility
HQ: United States
Website
- Description: Provider of real-time fraud prevention solutions using machine learning, big data analytics, and data visualization, enabling analysts to create and configure detection mechanisms without writing code.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Soldo
HQ: United Kingdom
Website
- Description: Provider of a multi-user spend management platform for businesses, offering prepaid physical and virtual Mastercard cards for companies and employees with customizable limits and rules, real-time reporting, and integration with accounting systems. Includes an expenses app to request funds and capture receipts and VAT, plus cloud-based services for expense tracking and reconciliation in the UK and EEA.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Soldo company profile →
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for Cuentas
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Buyer group 2: ████████ ████████
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Key Products: ████████, ████████, ████████, ████████
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Buyer group 3: ████████ ████████
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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Cuentas
2.2 - Growth funds investing in similar companies to Cuentas
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4 - Top valuation comps for Cuentas
4.2 - Public trading comparable groups for Cuentas
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