Press release from the Competition Council regarding the economic concentration project concerning the indirect joint control acquisition of the company “Tripass SARL” by the company “Cash Plus SA” alongside the historical partner

In accordance with Article 13 of Law No. 104-12 on freedom of prices and competition and Article 10 of Decree No. 2-14-652 issued for its implementation, as amended and supplemented, the Competition Council makes available to the public the “operation summary” below, containing the information provided by the parties.

This information has been prepared by the notifying parties, who are solely responsible. Any inaccurate or distorted information contained therein does not in any way prejudge the Competition Council’s position on the proposed operation.

The publication of this press release does not attest to the completeness of the file provided for in Article 9 of Decree No. 2-14-652 issued for the implementation of Law No. 104-12 on freedom of prices and competition, as amended and supplemented.

Names of the companies and groups involved:

• The indirect acquirer: “Cash Plus SA”.
• The direct acquirer: “Cash Plus VC Fund I SARLAU”.
• The target: “Tripass SARL”.

Nature of the operation

• Joint control acquisition.

Economic sectors concerned

• The sector of passenger transport and digital services associated with booking and connecting passengers with transport service providers.

Deadline for interested third parties to submit their observations

• 10 days from the date of publication of this press release, i.e., September 9, 2026.

NON-CONFIDENTIAL SUMMARY OF THE OPERATION PROVIDED BY THE PARTIES

The Competition Council has received notification of a project of an economic concentration operation concerning the indirect joint control acquisition of the company “Tripass SARL” by the company “Cash Plus SA” through its subsidiary “Cash Plus VC Fund I SARLAU” alongside the historical partner.

“Cash Plus SA” is a Moroccan public limited company, authorized as a payment institution by decision of the Wali of Bank Al Maghrib No. 85 of 13 Joumada II 1440 (February 19, 2019), published in the Official Bulletin No. 6763 of March 25, 2019. “Cash Plus SA” operates in the international and national money transfer sector, bill payment, and other payment operations.

“Cash Plus VC Fund I SARLAU” is a Moroccan single-member limited liability company exclusively owned by “Cash Plus SA”.
“Cash Plus VC Fund I SARLAU” aims to invest in high-growth companies.

“Tripass SARL” is a Moroccan limited liability company.
This company provides a digital platform for connecting people’s mobility services on demand.

 

Done in Rabat on August 28, 2026.