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Corporation
FINANCE | Payments (non-internet/mobile)
eservglobal.com

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Partners & Customers

8

About eServGlobal

eServGlobal (LSE: ESG & ASX: ESV) solutions enables Service Providers to maximize today's proven revenue streams whilst ensuring service continuity and new revenue opportunities when evolving to next generation networks. Over 75 of the world's leading telco's are taking advantage of eServGlobal's advanced solutions and expertise to successfully address their business challenges and to manage over 120 million mobile subscribers.

eServGlobal Headquarter Location

244, avenue Pierre Brossolette

Malakoff, 92245,

France

+33 1 46 12 58 85

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Latest eServGlobal News

eServGlobal prepares to sell core business, change name

Jun 5, 2019

eServGlobal prepares to sell core business, change name By Matt Johnston on Jun 5, 2019 12:06PM Seeks shareholder approval. Digital transactions play eServGlobal has signed a conditional sale and purchase agreement for its core business with Stockholm-based Seamless Distribution Systems, subject to shareholder approval. The sale represents another carve off from what had been Australia's telco billing heavyweight which was famously offloaded to Oracle in 2010 for  $US93 million as a 40 percent stake, well above the parent company’s ASX market capitalisation of $84 million at the time. Now the divestment wheel has tuned again, leaving it to focus on the HomeSend remittance business that is part owned by global payments scheme Mastercard. The unadjusted €2 million purchase price will net Seamless eServGlobal’s core business, leaving only the company’s 35 percent stake in HomeSend SCRL. However, that price is less than the target amount of €3.6 million. As a result, eServGlobal has also proposed changing its name to ‘Wameja’ to reflect the significant change. The company’s CFO Andrew Hayward is expected to end his role and board membership upon completion of the sale, and chairperson John Conoley will also cease in his executive role within six months of the sale’s completion. In a release to the ASX, Conoley said the board is pleased to have found “a good home” for eServGlobal’s core business. “We have worked hard to reshape the core business into an asset that now has greater value as part of a complementary entity within the Seamless organisation. This is good for our customers, and importantly should provide better opportunity for many of our people who have worked hard to get the company to this point,” he said. “Looking forward, the focus of the eServGobal board will solely be on its relationships with HomeSend and Mastercard as the board continues to seek to maximise the value of the asset for eServGlobal shareholders.”

eServGlobal Acquisitions

1 Acquisition

eServGlobal acquired 1 company. Their latest acquisition was Empower Interactive Group on February 23, 2007.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

2/23/2007

$99M

Acquired

1

Date

2/23/2007

Investment Stage

Companies

Valuation

$99M

Total Funding

Note

Acquired

Sources

1

eServGlobal Partners & Customers

8 Partners and customers

eServGlobal has 8 strategic partners and customers. eServGlobal recently partnered with Mastercard, and BICS on July 7, 2017.

Date

Type

Business Partner

Country

News Snippet

Sources

7/11/2017

Partner

United States, and Belgium

MasterCard, eServGlobal and BICS create remittance Joint Venture

MasterCard , eServGlobal and BICS create remittance Joint Venture .

1

3/5/2014

Client

Nepal

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10

12/18/2013

Partner

Belgium

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10

2/27/2013

Vendor

United Kingdom

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10

2/26/2013

Partner

United States

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10

Date

7/11/2017

3/5/2014

12/18/2013

2/27/2013

2/26/2013

Type

Partner

Client

Partner

Vendor

Partner

Business Partner

Country

United States, and Belgium

Nepal

Belgium

United Kingdom

United States

News Snippet

MasterCard, eServGlobal and BICS create remittance Joint Venture

MasterCard , eServGlobal and BICS create remittance Joint Venture .

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Sources

1

10

10

10

10

eServGlobal Team

11 Team Members

eServGlobal has 11 team members, including current Chief Executive Officer, Tommy Eriksson.

Name

Work History

Title

Status

Francois Barrault

Founder

Current

Ian Buddery

Founder

Current

Tommy Eriksson

Chief Executive Officer

Current

Martin Schedin

Chief Financial Officer

Current

Sandipan Mukherjee

Qliro, and IBM

Chief Operating Officer

Current

Name

Francois Barrault

Ian Buddery

Tommy Eriksson

Martin Schedin

Sandipan Mukherjee

Work History

Qliro, and IBM

Title

Founder

Founder

Chief Executive Officer

Chief Financial Officer

Chief Operating Officer

Status

Current

Current

Current

Current

Current

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