Revolut Targets Morocco for MENA Expansion, Faces Tough Competition from Local Leader Cash Plus
- Revolut appoints Amine Berrada to lead its expansion efforts in Morocco.
- The company has a customer base of 60 million and a valuation of approximately $45 billion.
- Revolut is preparing to apply for a license from Morocco’s central bank, Bank Al-Maghrib.
Bendada.com - Jul 29, 2025
Revolut plans strategic launch in Morocco under new leadership
Revolut is set to enter the Moroccan market, led by Amine Berrada, with a focus on payments and FX s
Revolut's entry into the Moroccan market is a significant move that reflects the growing importance of fintech in North Africa. However, the challenges posed by local competition and regulatory hurdles cannot be underestimated. A strategic partnership approach may be essential for success in this tightly controlled market.
