Hps
“Can HPS's PowerCARD platform become the default payment processing and card management stack for banks and financial institutions across emerging and developed markets?”
Founded1995
HQCasablanca, Morocco
IndustryInfrastructure / Payments
The story
HPS was founded in 1995 as a payment technology company focused on delivering its PowerCARD platform to banks and financial institutions globally. The company has consistently expanded its footprint by partnering with neobank enablers (Neofy) and regional payment specialists (Serquo), positioning PowerCARD as a multi-channel, cloud-capable payment processing and card management platform. The Utimaco HSM integration reflects HPS's push to meet enterprise-grade security requirements as it targets tier-1 banks and processors.
Product timeline
1995
HPS founded in Casablanca, Morocco, developing the PowerCARD payment platform for banks and financial institutions.· pivot
2022
HPS partnered with Neofy to offer cloud-based digital cards solutions to banks and financial institutions.· banking
2022
HPS announced strategic partnership with Serquo for the Spanish market.· pivot
2022
HPS integrated Utimaco's Hardware Security Module (Atalla AT1000) into its PowerCARD platform, enhancing payment security.· card
The stack
Payments / PSP
Accounting gap: none