17. HPS*
Date of Establishment: 1995
Headquarters: Morocco
Description: Payment solutions provider
Founders: Mohamed Horani, Abdeslam Alaoui Smaili, Samir Khallouqui, Driss Sabbahe
HPS is a card and payment technology company providing payment solutions to card processors, financial institutions, retailers, national and regional switches, wallet providers, energy companies, insurance companies, and MNOs, among others. Its comprehensive suite of payment solutions, “PowerCARD,” is used by more than 450 institutions in over 90 countries. The company plans to expand into North America in 2023. HPS is listed on the Casablanca Stock Exchange with a market cap of $435 million as of March 22. Its revenue increased by 20.8% in 2022 to $96 million.