
Stocks Market
Cash Plus Soars 61% in First Week on Casablanca Stock Exchange
Cash Plus burst onto the Casablanca Stock Exchange on December 8, rallying more than 61 % in its opening week. Backed by an IPO that drew close to 80 000 investors, the fintech’s market cap is now hovering near 8 billion dirhams. The surge is not just speculative – the company’s commission‑driven model, capital‑light balance sheet and a policy of paying out all earnings as dividends give it strong fundamentals and an attractive yield for investors seeking both growth and income. Looking ahead, Cash Plus projects FY 2025 commission revenue of about 1.8 billion MAD (up 18‑19 % YoY) and net profit of roughly 240 million MAD (up 20‑25 %). With Morocco’s digital‑finance transformation accelerating, the firm’s leadership in payments and transfers positions it for continued expansion.