Wameja : HomeSend KPI Update Q3 2020

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

HomeSend KPI Update

15 October 2020

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 September 2020.

KPI	Q3 2020	Previous Quarter
Q2 2020
Average Transaction Value	4% decline over	9% increase over
prior quarter	prior quarter
Gross Value Flows across HomeSend platform	23.0% increase over	93.2% increase over
prior quarter	prior quarter
Payments terminating to a bank account on the
HomeSend network as a percentage of Gross	59%	64%
Value Flows
Key Destination Markets* Covered	74	71

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

The third quarter saw an increase in growth in Gross Value Flows, however the trend from Q2 2020 continued with the growth in the MTO network transactions exceeding the growth in bank transfers. This increase in the value of MTO transactions across the network explains the decline in Average Transaction Value and the Payments terminating to a bank account on the HomeSend network as a percentage of Gross Value Flows, compared to the continuing increase in Gross Value Flows during the period.

Authorised by: Tom Rowe Company Secretary [e-mail]

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	[e-mail]
Tom Rowe, Company Secretary
finnCap Limited (Nomad and Broker)	www.finnCap.com
Corporate Finance: Jonny Franklin-Adams / Hannah Boros	T: [phone]
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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