WJA.L

Wameja Limited
Wameja Limited - HomeSend KPI Update
23rd April 2021, 06:00
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Wameja Limited
23 April 2021
 

 

 

Wameja Limited ("Wameja" or the "Company")

 

HomeSend KPI Update

23 April 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 March 2021.

 

KPI

Q1 2021

Previous Quarter Q4 2020

Average Transaction Value

9% increase over prior quarter

6% increase over prior quarter

Gross Value Flows across HomeSend platform

12.2% increase over prior quarter

7.1% increase over prior quarter

Payments terminating to a bank account on the HomeSend network as a percentage of Gross Value Flows

66%

62%

Key Destination Markets* Covered

83

82

*Key Destination Markets are markets in which HomeSend has a ubiquitous reach through banking partners.

 

The first quarter of 2021 saw continued improvement in the Average Transaction Value consistent with the increase in bank transfers as a percentage of Gross Value Flows over the period. Gross Value Flows across the HomeSend platform saw a corresponding increase during the quarter with the growth coming primarily from Mastercard originated institutions.

 

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

Tom Rowe, Company Secretary

 

investors@wameja.com

finnCap Limited (Nomad and Broker)
Corporate Finance: Jonny Franklin-Adams / Charlie Beeson

Corporate Broking: Tim Redfern / Richard Chambers

 

www.finnCap.com
T: +44 (0) 20 7220 0500

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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