Casablanca Stock Exchange, Financial services

Cash Plus

Moroccan money transfer network and payment institution, the first fintech listed in Casablanca.

At a glance

Cash Plus lets customers send and receive money within Morocco and from abroad, and offers payment accounts, bill payment and mobile payment. Its network has 5,530 outlets.

History

Cash Plus was founded in 2004 as a money transfer company. Bank Al-Maghrib has recognised it as a payment institution since 2019, allowing it to offer payment accounts. Its network, with a strong rural presence, exceeds 5,000 service points. It listed on the stock exchange in December 2025.

Latest published results

In the first half of 2026, consolidated fees rose 15% to MAD 662 million, including MAD 506 million from money transfers (+14%) and MAD 156 million from payment accounts (+20%). Operating income increased 20% to MAD 274 million and net income attributable to the group 18% to MAD 151 million. Volume processed reached MAD 62 billion (+21%).

What to watch

Growth in payment accounts and QR-code mobile payment, already accepted by more than 60,000 merchants.

Key dates

  1. 2004

    Company founded.

  2. 2019

    Recognised as a payment institution by Bank Al-Maghrib.

  3. 2025

    Listing on the Casablanca Stock Exchange in December, with 80,759 subscribers.

  4. 2026

    Partnership with Orange Maroc in June and 5,530 outlets at end-June.

Sources: Le Matin, Cash Plus : bénéfices en croissance de 18 % au premier semestre 2026, July 29, 2026; TelQuel, l'introduction en bourse de Cash Plus, December 8, 2025; African Markets, fiche société Cash Plus, October 29, 2026.

Profile updated on October 29, 2026.

General information only. Nothing on this site constitutes investment advice or a recommendation to buy or sell.