Wameja Limited HomeSend KPI Update (0887E)
05 Juli 2021 - 8:00AM
UK Regulatory
TIDMWJA
RNS Number : 0887E
Wameja Limited
05 July 2021
Wameja Limited ("Wameja" or the "Company")
HomeSend KPI Update
5 July 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 30 June 2021.
KPI Q2 2021 Previous Quarter
Q1 2021
Average Transaction Value 11% increase 9% increase over
over prior quarter prior quarter
------------------- -------------------
Gross Value Flows across HomeSend 4.9% increase 12.2% increase
platform over prior quarter over prior quarter
------------------- -------------------
Payments terminating to a bank account
on the HomeSend network as a percentage
of Gross Value Flows 72% 66%
------------------- -------------------
Key Destination Markets* Covered 83 83
------------------- -------------------
*Key Destination Markets are markets in which HomeSend has a
ubiquitous reach through banking partners.
The second quarter of 2021 saw further improvement in the
Average Transaction Value as reduced traffic across several lower
average transaction value corridors was replaced with increased
volume through a higher average transaction value corridor. Gross
Value Flows across the HomeSend platform improved during the
quarter largely due to growth in one key Mastercard bank customer
which helped to compensate for the reduced traffic across several
corridors in May due to the impact of Eid.
HomeSend's continuing focus on bank customers saw the percentage
of payments terminating to a bank account improve over the previous
quarter.
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 / T: +44 (0) 20 7220
Charlie Beeson 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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END
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