The Q1 2020 update reveals a very impressive quarter for HomeSend, on track with our expectations for a landmark year in 2020. This was expected on the back of the growth in implementations in Q3 and Q4 of 2019; with many new customers going live, we suspected that this year would see a significant uplift in transactional volumes across the platform, and the Q1 KPIs clearly demonstrate that is happening. To fund the early-stage losses, Wameja is investing a further €3.6m in HomeSend, in
20 Apr 2020
Wameja - KPIs confirm strong growth as Wameja invests €3.6m
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Wameja - KPIs confirm strong growth as Wameja invests €3.6m
- Published:
20 Apr 2020 -
Author:
Andrew Darley | Cavendish Research -
Pages:
7
The Q1 2020 update reveals a very impressive quarter for HomeSend, on track with our expectations for a landmark year in 2020. This was expected on the back of the growth in implementations in Q3 and Q4 of 2019; with many new customers going live, we suspected that this year would see a significant uplift in transactional volumes across the platform, and the Q1 KPIs clearly demonstrate that is happening. To fund the early-stage losses, Wameja is investing a further €3.6m in HomeSend, in