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HomeSend KPI Update

23rd Apr 2021 07:00

RNS Number : 4170W

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

[email protected]

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

[email protected]

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

Corporate Broking: Tim Redfern / Richard Chambers

www.finnCap.comT: +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.

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 [email protected] or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

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