At a glance
HPS (Hightech Payment Systems) designs software that runs bank cards, mobile payments and payment terminals. Its PowerCARD suite is used by more than 500 clients, banks and payment institutions, in about 100 countries. The group also offers transaction processing and testing services.
History
The company was founded in Casablanca in 1995. It developed the PowerCARD suite, sold first to Moroccan banks and then internationally. In 2021 it acquired the Mauritian operator ICPS to strengthen its payment processing business in Africa.
Latest published results
In the first half of 2026, consolidated operating revenue rose 13.1% to MAD 761 million. EBITDA increased 74.7% to MAD 122 million. Net income attributable to the group turned positive at MAD 35 million, versus a loss of MAD 47 million a year earlier. Recurring revenue made up 69% of the total.
What to watch
The company’s confirmed target of 12% to 17% organic growth in 2026, and margin improvement.
Key dates
- 1995
HPS is founded in Casablanca.
- 2021
Acquisition of Mauritius-based ICPS, a payment processor in Africa.
- 2026
Back to profit in the first half, with net income attributable to the group of MAD 35 million.
Sources: Boursenews, HPS : résultats du premier semestre 2026, September 26, 2026; HPS, à propos; Financial Afrik, HPS finalise l'acquisition du mauricien ICPS, April 8, 2021.
Profile updated on October 29, 2026.