Hamlins is delighted to announce that it has advised new client,
AIM quoted MoneySwap plc (AIM:SWAP) on the conditional investment by
Wraith Holding B.V. by way of a subscription for shares in the company
to raise up to £3.6m in consideration for 75% of the company’s share

MoneySwap is a Gibraltar incorporated payment solutions provider
which allows both online and point of sale transactions to be settled
using UnionPay cards with operations in Hong Kong and China.

Wraith is an investment company backed by Gilbert Amenta who has considerable experience in the payments sector.

This is an extremely significant transaction for MoneySwap as Wraith
intends to work closely with MoneySwap to assist in developing its
payment processing business.

Head of Corporate Daniel Bellau led the Hamlins team, assisted by
corporate associate Richard Pull. Wraith were advised by Squire Patton
Boggs. The nominated adviser and broker to MoneySwap is Allenby Capital

Daniel Bellau commented “We were delighted to have assisted MoneySwap
 on what was a high pressure transaction on a short timetable”.

The Hamlins Corporate team which has an enviable reputation in the
junior equity markets, regularly advises on IPOs, fundraisings and
transactions on the Official List, AIM and NEX (formerly ISDX and Plus).

For further information on the Hamlins Corporate team please contact Corporate Partner Daniel Bellau on [email protected] or 020 7355 6000.