Cash Plus, a leading Moroccan financial services company, has announced its financial results for the first nine months of 2026. The company reported a volume of activity of 87 billion dirhams, representing a 20% increase compared to the same period last year. This growth is attributed to the expansion of its network and the progression of its digital services. The company's product net banking consolidated revenue reached 734 million dirhams, up 14% from the previous year.
The company's revenue growth is also reflected in its revenue per user (ARPU), which reached 103 dirhams, a 13% increase from the previous year. Cash Plus has continued to expand its network, opening 380 new agencies since the beginning of the year, bringing its total number of points of sale to 5,580 as of September 2026. This represents a significant increase from 5,200 points of sale at the end of December 2025.
The company's financial services activity has also seen significant growth, driven by an increase in money transfers and the expansion of its network. Commissions generated by this activity reached 274 million dirhams in the third quarter, up 11% from the previous year. Over the first nine months of the year, these commissions totaled 780 million dirhams, representing a 13% increase.
Cash Plus's payment accounts have also seen significant growth, with commissions reaching 83 million dirhams in the third quarter, up 29% from the previous year. Over the first nine months of the year, these commissions totaled 239 million dirhams, representing a 24% increase. This growth is attributed to the payment of school allowances in September and the increasing popularity of the company's instant transfer service.
The company's consolidated commissions reached 357 million dirhams in the third quarter, up 15% from the previous year. Over the first nine months of the year, these commissions totaled 1.019 billion dirhams, representing a 15% increase. The company's proximity services also saw growth, with revenue reaching 177 million dirhams in the third quarter, up 6% from the previous year.
Cash Plus's investments totaled 37 million dirhams as of September 2026, primarily focused on strengthening its technological infrastructure and developing its digital services. The company's social net banking product reached 599 million dirhams as of September 2026. The company's performance is expected to continue its growth trajectory, driven by its expanding network and digital services.
Key factors contributing to Cash Plus's growth include its expanded network of 5,580 points of sale, increased commissions from financial services and payment accounts, and a significant increase in digital services revenue. The company's growth is a testament to its successful strategy of expanding its network and diversifying its services.
Key points
- Cash Plus's volume of activity reached 87 billion dirhams as of September 2026.
- The company's product net banking consolidated revenue reached 734 million dirhams, up 14% from the previous year.
- Cash Plus has continued to expand its network, opening 380 new agencies since the beginning of the year.
