Q4 2019 saw a jump in volume of traffic across the platform on the back of a raft of recent (mostly bank) implementations. The Gross Value Flow over the platform jumped almost 2% QoQ, while the Average Transaction Value rose an impressive 6% QoQ. This is now mainly banking business, highlighting the switch from the early remittance business. With more than a dozen further implementations ongoing, this update reinforces our previously stated opinion that H1 2020 will show a significant uplift
28 Feb 2020
Wameja - Good Q4 update reinforces positive H1 outlook
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Wameja - Good Q4 update reinforces positive H1 outlook
- Published:
28 Feb 2020 -
Author:
Andrew Darley | Cavendish Research -
Pages:
8
Q4 2019 saw a jump in volume of traffic across the platform on the back of a raft of recent (mostly bank) implementations. The Gross Value Flow over the platform jumped almost 2% QoQ, while the Average Transaction Value rose an impressive 6% QoQ. This is now mainly banking business, highlighting the switch from the early remittance business. With more than a dozen further implementations ongoing, this update reinforces our previously stated opinion that H1 2020 will show a significant uplift