Morocco-based tech company HPS, a prominent leader in the payments solutions sphere, is rapidly advancing its growth trajectory through strategic innovation and expansion. Listed on the Casablanca Stock Exchange, HPS has firmly established itself as a major player in the global fintech landscape; its 2024 revenue reached 1.267 billion Moroccan dirhams (roughly $140 million), marking a 6.4% year-on-year increase. With its presence spanning 95 countries, HPS stands out as one of the few Moroccan high-tech exporters with truly global impact.
HPS has demonstrated that its strategy isn’t confined to organic development; the company leverages acquisitions to transform its business model and technical capabilities. In December 2023, HPS completed the acquisition of Dublin-based CR2, a key vendor of digital banking and payment solutions. This move significantly bolstered HPS’s footprint in Western Europe and enriched its technology stack by integrating CR2’s innovative mobile and cloud-based offerings.
During the Gitex Africa tech event in Marrakech, CEO Abdeslam Alaoui Smaili reaffirmed the company’s commitment to seizing new growth opportunities. HPS is actively scouting potential fintech acquisitions, with a clear focus on companies specializing in artificial intelligence and advanced automation. This aligns with HPS's broader vision to solidify its leadership in payment solutions, enhance service personalization, and accelerate product development through AI adoption.
1. Unmatched international reach, serving clients across over 90 countries
2. Consistent revenue growth amid intensifying global and regional fintech competition
3. Expanded service portfolio through synergistic integration of cloud-based digital banking solutions
4. Strategic prioritization of artificial intelligence and big data analytics technologies
5. Robust presence at global industry forums, such as Gitex Africa, fostering expertise exchange and new business partnerships
- Intensifying competition among global payments infrastructure providers
- Rapid advancements in smart automation and AI across financial services
- Growth in cross-border payments enabled by broader international cooperation
- Emergence of new digital banks and highly customizable finance platforms
- Escalating interest in mergers and acquisitions as avenues for accelerated innovation
HPS’s ongoing transformation is marked by a dynamic embrace of innovation and a proactive approach to integrating disruptive technologies into traditional financial services. With an open stance toward acquisitions and a strong investment in artificial intelligence, HPS is not only speeding up its own growth curve but is also positioning itself as an innovation hub in advanced global payment technology. In a rapidly evolving fintech environment, HPS’s strategy aims to fortify its leadership and help build a broader ecosystem of cutting-edge digital payment solutions for the world.
The effects of this could ripple out and influence the next wave of tech investments
We might soon see even more innovation as new capital continues to flow into tech-driven solutions.
