Casablanca Stock Exchange, Technology

S2M

Moroccan payment technology company: payment cards, software and services for banks.

At a glance

Société Maghrébine de Monétique (S2M) makes payment cards, publishes payment software and provides processing services to banks and financial institutions in Morocco and abroad.

History

Société Maghrébine de Monétique (S2M) was founded in 1983. It supplies banks with payment solutions and smart cards. It has been listed on the Casablanca Stock Exchange since 2011.

Latest published results

In the first half of 2026, consolidated revenue rose 21.7% to MAD 181.5 million, driven by cards (+29.7%) and trading. Consolidated net income increased 15% to MAD 12.7 million. Order intake rose 60%.

What to watch

International growth and the Solutions business, delayed by the Middle East conflict.

Key dates

  1. 1983

    Company founded.

  2. 2011

    First listing on the Casablanca Stock Exchange.

  3. 2026

    Stake taken in US fintech CUP3PAY and CGEM CSR label obtained.

Sources: Boursenews, S2M : résultats du premier semestre 2026, October 1, 2026; African Markets, fiche société Société Maghrébine de Monétique, 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.