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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Wameja Limited | LSE:WJA | London | Ordinary Share | AU0000053472 | ORD NPV (DI) |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 7.90 | 7.80 | 8.00 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
TIDMWJA
RNS Number : 4532U
Wameja Limited
25 November 2019
Wameja Limited ("Wameja" or the "Company")
HomeSend KPI Update
25 November 2019
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 to 30 September 2019.
Hot Features
Premium
KPI Q3 2019 Previous Quarter
Q2 2019
Average Transaction Value 3% increase over 2% decline over
prior quarter prior quarter
---------------------- --------------------
Gross Value Flows across HomeSend 0.2% increase 28% increase over
platform over prior quarter prior quarter
---------------------- --------------------
Payments terminating to a bank
account on the HomeSend network
as a percentage of Gross Value
Flows 47% 44%
---------------------- --------------------
Key Destination Markets* Covered 67 64
---------------------- --------------------
Q3 2019 results overall were stable for HomeSend, seeing Gross Value Flows and Average Transaction Value remaining consistent quarter over quarter. HomeSend added 3 new Key Destination Markets in the quarter and the percentage of payments terminating to a bank account increased slightly.
The quarter saw HomeSend managing multiple bank implementations through its collaboration with Mastercard. HomeSend also commenced several new projects with money transfer operators as part of its traditional business line during the quarter. At the end of the quarter, the total number of live sending customers and Mastercard customers on the HomeSend platform was 28. There were 26 implementations underway at the end of the quarter, with the majority of the implementations being within the banking sector.
*Key Destination Markets are markets in which HomeSend has a ubiquitous reach through banking partners.
For further information, please contact:
Wameja Limited www.wameja.com John Conoley, Executive Chairman investors@wameja.com Tom Rowe, Company Secretary Alison Cheek, VP Corporate Communications finnCap Limited (Nomad and Broker) www.finnCap.com Corporate Finance: Jonny Franklin-Adams / T: +44 (0) 20 7220 Anthony Adams / Hannah Boros 0500 Corporate Broking: Tim Redfern / Richard Chambers
About Wameja
Wameja and Mastercard are joint venture partners of the HomeSend global payment hub, together with Mastercard. 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.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
UPDLIFEILSLEFIA
(END) Dow Jones Newswires
November 25, 2019 02:00 ET (07:00 GMT)
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