Casablanca_Morocco_Archway_L_027419 October 2026 • 1 minute read share DLA Piper advises AfricInvest on investment in Vantage Payment Systems

Global law firm DLA Piper has advised AfricInvest Financial Inclusion Vehicle (FIVE) on its investment in Equity Invest, the controlling shareholder of Moroccan payments company Vantage Payment Systems (VPS).

The investment is an important milestone in VPS’s growth and will provide additional support for the company’s expansion in Morocco’s evolving digital payments market. The funding will contribute to VPS’s continued development across online and in-store payments, as the business broadens its solutions for merchants and pursues its omnichannel strategy.

FIVE is AfricInvest’s capital vehicle focused on financial inclusion and the transformation of financial services across Africa. Through the investment, FIVE will support VPS as it continues to invest in technology, expand its product offering and strengthen its commercial capabilities.

A team from DLA Piper’s Casablanca office worked on the transaction led by Corporate partner Camilia Benani. She was supported by senior associate Kenza Belrhiti Alaoui.

Camilia Benani said: “Morocco’s payments sector continues to evolve rapidly, driven by digitalisation and changing merchant needs. We are pleased to have advised on this transaction which brings together AfricInvest’s strong experience in financial services and VPS’s established capabilities in payments.”