eServGlobal, the provider of innovative mobile financial technology, announces that HomeSend has secured a partnership for cross-border remittance services with KEB Hana Bank, one of the largest banks in South Korea.
eServGlobal says this significant partnership was developed by Homesend and the local Mastercard Business units working together.
KEB Hana Bank aims to create a brand new cross border digital remittance service for its customer base.
The first phase of this partnership will be an implementation period and the ramp up to full volume expectations will be across the first year of the contract.
The directors of eServGlobal are satisfied that this partnership has significant potential, and alongside other recent progress at HomeSend, is a significant underpinning of the expectation that HomeSend will reach its anticipated breakeven point during 2017.
(LON:ESG) eServGlobal Ltd share price was 0p at 6.13p