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    Home » BMCE Capital Investments invests $500,000 in PTS for equity stake
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    BMCE Capital Investments invests $500,000 in PTS for equity stake

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    BMCE Capital Investments, the private equity arm of the BMCE Capital Group, has announced the signing of a conditional agreement to acquire a stake in Premium Technology & Services (PTS), a Moroccan startup specialising in digital payment solutions. The investment, made through the group’s Capital Venture Fund, is contingent on approval from Morocco’s Competition Council. The deal is expected to inject 5 million dirhams into PTS to drive its growth both locally and internationally.

    Founded in 2020 by three seasoned entrepreneurs with diverse expertise, PTS has quickly established itself as a pioneer in payment technology. The startup focuses on innovative solutions designed to revolutionise payment services. Its offerings include advanced tools for digitising traditional banking cards, tailored to the evolving needs of banks and businesses.

    PTS has already secured partnerships with major Moroccan banks, including Bank of Africa, underscoring the reliability and relevance of its services. With this new financial and strategic support from BMCE Capital Investments, PTS is poised to strengthen its market position and accelerate its journey toward becoming a leader in Morocco’s digital payment sector while pursuing international expansion.

    The funding is expected to enable PTS to innovate further and scale its operations, aligning with the growing demand for digital payment solutions in an increasingly cashless world. BMCE Capital Investments’ commitment reflects its confidence in PTS’s potential to shape the future of fintech in Morocco and beyond.

    Dubai Dubai news local media Middle east news News UAE UAE media UAE News UAE News today UAE newspaper
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    Pretoria Premier Padel P1, Day5 Guerrero-Leal, Esbri-Sanyo, Salazar-Osoro: plenty of pairs chasing glory

    The top four pairs in the world have all reached the semi-finals of the Pretoria P1, with two in the men’s draw and two in the women’s. Butfour other pairs will take to the court on Saturday from 1 p.m. local time determined to prevent Arturo Coello and Agustin Tapia, Fede Chingotto and Ale Galan on the men’s side, and Delfi Brea, Gemma Triay, Bea Gonzalez and Paula Josemaria on the women’s side from contesting Sunday’s dream finals. In the men’s draw, the standout performance came from Javi Leal and Fran Guerrero, who defeated Juan Lebron and Leo Augsburger after a thrilling battle that ended with a dra

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