• BMCE Capital Investments is acquiring a stake in Moroccan startup PTS, investing USD 500,000 to boost its growth.
• PTS offers digital payment solutions and partners with major banks like Bank of Africa.
• Morocco’s digital payments market is expected to grow from USD 6.53 billion in 2024 to USD 8.47 billion by 2028.

BMCE Capital Investments, the private equity arm of BMCE Capital Group, has signed a conditional agreement to acquire a stake in Premium Technology & Services (PTS), a Moroccan startup specializing in digital payment solutions.

The investment, through the group’s Capital Venture Fund, is contingent on approval from Morocco’s Competition Council. The deal involves an injection of USD 497,900 (5 million dirhams) to fuel the company’s local and international expansion.

Rising Demand in Morocco’s Digital Payments Market 

Founded in 2020 by three experienced entrepreneurs, PTS operates in a rapidly growing digital payments market.

The sector is seeing a surge, driven by a tech-savvy, young population and the increasing popularity of e-commerce. Mastercard website reports that this market growth is aligned with global digital transformation trends.

Projected Growth in Digital Transactions

According to Statista, the value of digital transactions in Morocco is expected to reach USD 6.53 billion by the end of 2024. The digital transactions projection is to increase to USD 8.468 billion by 2028.

PTS is also positioned to capitalize on this growth, offering innovative tools that digitize traditional banking cards. It is catering to the evolving needs of financial institutions and businesses.

Strategic Partnerships and Future Expansion 

Moreover, PTS has already formed partnerships with key Moroccan banks, including Bank of Africa, affirming the reliability of its solutions.

With new financial backing from BMCE Capital Investments, PTS aims to strengthen its market position. Additionally, it seeks accelerating its journey in Morocco’s digital payment sector and exploring international opportunities.

BMCE Investment in Innovation and Growth

The funds will allow PTS to scale its operations and continue innovating in response to the increasing demand for digital payment solutions.

The investment reflects confidence in the startup’s potential to drive the future of fintech in Morocco and beyond.

Supporting Morocco’s Economic and Digital Growth 

BMCE Capital Investments, approved by the Moroccan Capital Market Authority, focusing on accelerating the development of the Moroccan economy.

Its main focus is to accelerate the development of the Moroccan economy, and support entrepreneurial growth and innovation.