Stocks Market
Cash Plus Secures IPO Approval on Casablanca Stock Exchange – 750 Million Dirhams
The Moroccan Capital Markets Authority (AMMC) has officially cleared Cash Plus for a debut on the Casablanca Stock Exchange. The 750‑million‑dirham IPO will involve issuing 2 million new shares and selling 1.8 million existing ones at a fixed price of 200 dirhams each. Subscriptions run from November 19–25, 2025, with listing slated for December 8 in the Principal F segment. The funds will fuel the company’s expansion and tech investment plans. Founded in 2004, Cash Plus has become a pillar of Morocco’s local‑financial ecosystem, offering money transfers, bill payments, foreign‑exchange and digital banking services across a dense network of agencies.
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The Moroccan Capital Markets Authority (AMMC) has officially authorized Cash Plus to go public on October 31, 2025, under reference VI/EM/036/2025. This marks the formal start of the company’s IPO journey on the Casablanca Stock Exchange, specifically within the financial services sector that covers payments and transfers.
Key IPO Details
- New shares issued: 2 million
- Existing shares sold: 1.8 million
- Fixed price per share: 200 dirhams
- Total value: 750 million dirhams
- Subscription period: 19‑25 November 2025
- Listing date: 8 December 2025 on Principal F segment
The offer follows an extraordinary general meeting on October 17, 2025, where shareholders approved opening the capital to the public. Cash Plus plans to deploy the proceeds to strengthen its nationwide network and accelerate tech‑driven investments.
About Cash Plus
Since its inception in 2004, Cash Plus has become a key player in Morocco’s local‑financial landscape. Leveraging a dense network of agencies across the country, the company delivers services such as money transfers, bill payment, foreign‑exchange and payment accounts. Additionally, it is building digital solutions that broaden everyday financial access and promote inclusive inclusion.