Directeur Commercial
CASHPLUS
Cash Plus is a Moroccan payment institution that offers digital wallets, remittances, and payment services through a network of 10,000 points of sale, enabling users to manage their finances and send money efficiently. The platform addresses the need for accessible financial services by providing a free payment account and facilitating both domestic and international money transfers.
- Applications
- Financial Technology
- Software Only
Updated 23 months ago
Funding
Raised to date
$57MRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Funding rounds are not available yet.
Founders
Product
Problem
Many Moroccans lack access to traditional banking services, creating challenges for managing finances, sending remittances, and making payments, particularly in areas with limited banking infrastructure. Existing solutions often involve cumbersome processes and high fees, hindering financial inclusion and economic activity.
Solution
Cash Plus is a Moroccan payment institution that provides accessible financial services through a network of over 6,000 points of sale and a mobile application. It enables users to open free payment accounts, manage their money, send and receive domestic and international remittances, pay bills and taxes, and purchase travel tickets. Cash Plus also offers specialized services for professionals, including payment collection and disbursement solutions. By leveraging a widespread physical presence and digital tools, Cash Plus aims to facilitate financial transactions for individuals and businesses across Morocco.
Target Audience
Cash Plus primarily targets individuals in Morocco who are unbanked or underbanked, as well as businesses seeking efficient payment and collection solutions.
Features
- Free payment account accessible via a mobile application
- Domestic and international money transfer services
- Parcel delivery services through Tawssil
- Bill and tax payment options
- Travel ticket purchases
- Cash Plus Payment: Enables businesses to accept cash payments from customers
- Cash Plus Collect: Facilitates revenue collection for businesses with sales representatives
- Cash Plus Dispatch: Streamlines employee payments and customer reimbursements
- Branch locator to find the nearest Cash Plus location