WAMEJA LIMITED Wameja Limited ("Wameja" or the "Company")
HomeSend KPI Update
3 February 2021
Wameja (LSE: WJA.L & ASX: WJA.AX), a joint venture partner with Mastercard in the HomeSend global payment hub, is pleased to provide the following update on the performance of HomeSend for the quarter to 31 December 2020.
KPI | Q4 2020 | Previous Quarter |
Q3 2020 | ||
Average Transaction Value | 6% increase over | 4% decline over |
prior quarter | prior quarter | |
Gross Value Flows across HomeSend platform | 7.1% increase over | 23.0% increase over |
prior quarter | prior quarter | |
Payments terminating to a bank account on the | ||
HomeSend network as a percentage of Gross | 62% | 59% |
Value Flows | ||
Key Destination Markets* Covered | 82 | 74 |
*Key Destination Markets are markets in which HomeSend has a ubiquitous reach through banking partners.
The fourth quarter saw a recovery in Average Transaction Value consistent with the increase in bank transfers as a percentage of Gross Value Flows over the period. The quarter also saw continued improvement in Gross Value Flows across the HomeSend platform.
The period saw Key Destination Markets increase by approximately 10% as HomeSend completed integrations to reach a number of new markets during the quarter, principally through the Mastercard network.
Authorised by: Tom Rowe Company Secretary trowe@capitalcorporatelaw.com.au
The information contained within this announcement is deemed by the Company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014.
For further information, please contact:
Wameja Limited | www.wameja.com |
John Conoley, Non-Executive Chairman | investors@wameja.com |
Tom Rowe, Company Secretary | |
finnCap Limited (Nomad and Broker) | www.finnCap.com |
Corporate Finance: Jonny Franklin-Adams / Charlie Beeson | T: +44 (0) 20 7220 0500 |
Corporate Broking: Tim Redfern / Richard Chambers |
About Wameja
Wameja and Mastercard are joint venture partners of the HomeSend global payment hub. HomeSend enables cross- border transfer between bank accounts, cards, mobile wallets, or cash outlets from anywhere in the world. As a founding partner in the HomeSend hub, Wameja helped conceive and bring the opportunity to market.
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Wameja Limited published this content on 03 February 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 February 2021 23:39:07 UTC.