| Name | Cash Plus |
|---|---|
| Sector | Financial services, money transfer and payments |
| Listed | Casablanca Stock Exchange, since 2025 |
Who is Cash Plus?
Cash Plus is a Moroccan payment company with a large network of local agencies, its own and franchised, across the country. It offers national and international money transfers, bill payments, services linked to public support payments and, more and more, digital financial services through its app. Its strength is being close to people, including those with no bank account and families receiving money from Moroccans abroad.
The 2025 IPO
Cash Plus listed in 2025 in a closely followed offer that attracted many individuals. Details are in the prospectus approved by the AMMC. See our guide IPOs in Morocco.
Growth drivers
- Financial inclusion: many Moroccans still have no bank account.
- Money sent by Moroccans abroad, a large and regular flow.
- Digital payments.
- New services sold through the existing network.
Risks to watch
- Competition from other payment networks, banks and fintechs.
- Pressure on fees as payments go digital.
- Strict regulation of payment institutions and anti-money laundering rules.
- A short stock market history.
Frequently asked questions
Can I buy Cash Plus shares in a Cash Plus agency?
No. Cash Plus agencies are not stock brokers. You must buy listed shares through a brokerage firm, directly or through your bank.
Does Cash Plus pay a dividend?
The dividend policy is described in the prospectus and annual reports; amounts are voted each year by the general meeting.
This article is for information and educational purposes only. It is not investment advice or a recommendation to buy or sell any security. Investing in shares involves a risk of capital loss. Check figures against official sources (Casablanca Stock Exchange, AMMC) and consult a licensed professional. Read the full disclaimer.
