THE MIDDLE EAST’S
23. HPS
Description: Card and payment technology company
Headquarters: Morocco
Date of Establishment: 1995
Founders : Mohamed Horani, Abdeslam Alaoui Smaili, Samir Khallouqui, Driss Sabbahe
HPS provides payment software and services, including card issuing, merchant acquiring, mobile payments, fraud management, and payment analytics. Its flagship platform, PowerCARD, serves issuers, acquirers, card processors, independent sales organizations, retailers, mobile network operators, and national and regional switching networks. PowerCARD is used by more than 500 clients across 100 countries, processing over one million card transactions daily. Listed on the Casablanca Stock Exchange since 2006, HPS generated $170 million in revenue in 2025. HPS’s market capitalization stood at $416 million as of October 5, 2026.