Cash Plus stock expands its agency network through Damanesign

Published on 10/08/2026 at 04:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Cash Plus stock adds qualified e-signature access through 13 agencies in 11 cities, extending its payments network. First-half income rose 15 percent to MAD 476 million.

CAP, MA0000012767, Illustration mit AI erstellt.

Cash Plus (ISIN MA0000012767) stock was last at MAD 216.00 on the Casablanca Stock Exchange on October 7, 2026. The company is expanding its agency-based financial services through a qualified electronic-signature partnership announced on October 1, 2026.

Damanesign adds 13 agency points

Under the agreement, Cash Plus acts as a delegated registration authority while Damanesign issues the certificates and handles their compliance. As Morocco World News reported on October 1, 2026, the first phase covers 13 agencies across 11 cities, including Casablanca, Rabat, Marrakech and Tangier.

The service lets companies, public institutions and regulated professionals submit applications, complete identity checks and collect secure USB keys through participating branches. The arrangement adds a business-oriented service to Cash Plus's existing payments, money-transfer and bill-payment network.

First-half income rose 15 percent

Cash Plus operates more than 5,500 agencies and serves over 12 million customers, according to Morocco World News. In the first half of 2026, consolidated net banking income rose 15 percent to MAD 476 million, giving the digital expansion a quantified operating backdrop.

The company became Morocco's first listed fintech in December 2025 through an AMMC-approved operation worth MAD 750 million, the same report said. Its model combines physical access with mobile wallets, instant transfers, QR payments, cards and international digital-payment partnerships.

Consensus target stands at MAD 392

Investing.com lists one analyst rating Cash Plus Strong Buy and a 12-month price target of MAD 392.00. That target lies 81.48 percent above the MAD 216.00 share price, while the quoted 52-week range extends from MAD 214.30 to MAD 334.00.

Stock stays near yearly low

Cash Plus was last at MAD 216.00 on October 7, 2026, with 870 shares traded and a market capitalization of MAD 5.3 billion. The session range was MAD 214.30 to MAD 219.00, leaving the stock close to its 52-week low as the agency network broadens its role beyond cash transfers.