About M2M Group
M2M Group is a publicly listed company based in Casablanca (Morocco) founded in 1990, and was acquired by Sierra Wireless in November 2019. It operates as an electronic payments and eGov solutions are integrated for financial entities. M2M Group has completed 1 acquisition, including Tracks360. Its chief executive is Rachid Saihi. M2M Group offers products and services including Electronic Payments Solutions and Biometric ID Solutions. Its focus areas include FinTech, Payments, Enablers and Payment Orchestration. Its competitors include Zuora, Juspay, Spreedly, PPRO and ZOOZ and 5 more; 10 of its 10 listed competitors have raised funding.
Company details
M2M Group was founded in 1990 and operates from Casablanca, Morocco, in the fintech and eGov sectors. Multichannel electronic payments solutions are provided to support issuers, acquirers, banks, Fintechs, payment service providers, and switches. E-payments infrastructures are developed via dedicated platforms, while eGov integration services are offered to streamline government-related digital processes across relevant markets.
- Headquarters Casablanca, Morocco
- Stage Acquired
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website m2mgroup.com
- Social LinkedIn X
- Acquired by Sierra Wireless (Nov 2019)
- Legal Name M2m Group Sa
- Annual Revenue$126.68 M23.44as on Dec 31, 2025
- Net Profit$5.31 M-63.79as on Dec 31, 2025
- EBITDA$18.56 M12.42as on Dec 31, 2025
- Investors
- Investments & Acquisitions
- Acquired bySierra Wireless
(Nov 2019)
Products & Services of M2M Group
M2M Group offers a comprehensive portfolio of products and services, including Electronic Payments Solutions and Biometric ID Solutions.
Software for issuing, acquiring, and securing financial transactions.
Systems for national e-ID and multi-service card programs.
Investors in M2M Group
M2M Group has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Sierra Wireless.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provider of communication modules for IoT applications | 1993 | sierrawireless.com | Richmond, Canada |
Investor details for M2M Group
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People of M2M Group
2 people are tracked at M2M Group (1 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
Rachid Saihi | CEO | Leadership |
Redouan BAYED | Chairman | Team |
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IPO & Listings of M2M Group
M2M Group is a publicly listed company on the CSEMA with ticker symbol M2M in Morocco, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date20 Jun 2007
- Listed onCSEMA: M2M
- Listed entityM2M Group SA
- Exchange sectorTechnology services
- ISINMA0000011678
- Share price400.00 MAD (+2.3% on the day) · 2026-10-13
- Market capitalisation259,110,785.00 MAD
- Price to earnings20.5
- EPS (diluted, trailing year)19.53 MAD
- Volume (last session)18
Financials of M2M Group
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 126.7M MAD | 5.3M MAD | 18.6M MAD |
| 2024 | 102.6M MAD | 14.7M MAD | 16.5M MAD |
| 2023 | 78.6M MAD | -14.8M MAD | 3.0M MAD |
| 2022 | 61.9M MAD | -33.6M MAD | -22.0M MAD |
| 2021 | 53.9M MAD | -19.9M MAD | -12.6M MAD |
Detailed financial statements for M2M Group
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Investments & Acquisitions by M2M Group
M2M Group has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Tracks360.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Tracking solutions for supply chain and logistics enterprises are offered. | tracks360.com | Ringwood, United Kingdom | 2011 | Sep 2013 | •••• |
Complete acquisition details for M2M Group
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Timeline of M2M Group
4 dated milestones of M2M Group across 29 years, from founding to its latest funding, stage changes and deals.
- Founded M2M Group is founded.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Tracks360.
- Exit Acquired by Sierra Wireless.
Competitors of M2M Group
M2M Group has 10 listed competitors in our database, 10 of them funded. They include Zuora, Juspay, Spreedly, PPRO and ZOOZ, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| zuora.com | 2007 | Redwood, United States | $242.53M | 689 | Cloud-based invoice and subscription management solutions for businesses | |
| juspay.io | 2012 | Bengaluru, India | $134M | 1,061 | Payment orchestration, recurring payments, and checkout flow solutions are provided. | |
| spreedly.com | 2007 | Durham, United States | $82.82M | 127 | Payment orchestration is facilitated for international transactions and analytics. | |
| ppro.com | 2006 | London, United Kingdom | $462.88M | 117 | Merchant acquiring and orchestration solutions are provided for payments. | |
| zooz.com | 2010 | Tel Aviv, Israel | $39.5M | – | Cloud-based payment routing solutions are provided for business merchants. | |
| apexx.global | 2015 | London, United Kingdom | $47.36M | 21 | Cross-border payment gateway solutions are provided for businesses. | |
| formance.com | 2021 | Paris, France | $24.1M | – | Payment processing is provided for businesses to track money movements. | |
| aevi.com | 2015 | Paderborn, Germany | $33.64M | 17 | White label payment platform is distributed to merchants and acquirers. | |
| inai.io | 2021 | London, United Kingdom | $4.13M | 28 | Payment gateway solutions for businesses | |
| gr4vy.com | 2020 | San Mateo, United States | $27.2M | 4 | Cloud payment orchestration platform for businesses |
Detailed competitors of M2M Group
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Web traffic of M2M Group
The website of M2M Group (m2mgroup.com) receives about 7.9K visits a month.
- Monthly visits7.9K
▲ 11.5% vs previous month
Websites whose visitors overlap most with M2M Group. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
cds-profil.ch | cds-profil.ch | 100% | – | – | – |
| telecomtv.com | 76% | – | #535,482 | View details | |
| m2m.com | 59% | 4.5K | #3,970,564 | View details | |
| google.com | 58% | 85.8B | #1 | View details | |
easym2m.eu | easym2m.eu | 57% | – | #9,250,980 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 11 similar websites and full traffic analytics for M2M Group
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Top companies in Payments & Remittance Platforms
10 companies that operate in the same segment as M2M Group (Payments & Remittance Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ride-hailing and on-demand delivery services are aggregated via mobile app. | 2012 | Singapore, Singapore, Singapore | USD 10.38 B | USD 3.37 B | 57,733 | |
Digital payments, financial services, and e-commerce platforms are provided. | 2000 | Noida, Uttar Pradesh, India | USD 2.81 B | USD 1.05 B | 39,368 | |
Payment, financial, investment, and lending services are provided digitally. | 2012 | Bengaluru, Karnataka, India | USD 1.71 B | USD 950.07 M | 12,265 | |
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | – | 16,622 | |
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Payment and business banking solutions are provided for enterprises. | 2014 | Bengaluru, Karnataka, India | USD 741.62 M | USD 302.19 M | 2,850 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.07 B | – | 6,209 | |
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 589.25 M | USD 179.52 M | 3,670 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Online payment processing and credit solutions are provided for businesses. | 2002 | Amsterdam, North Holland, Netherlands | USD 35.15 M | USD 5.47 B | 3,355 |
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Related news about M2m Group
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Frequently Asked Questions about M2M Group
M2M Group was founded in 1990.
M2M Group is headquartered in Casablanca, Morocco.
Rachid Saihi is the current CEO of M2M Group.
M2M Group was founded in 1990 and operates from Casablanca, Morocco, in the fintech and eGov sectors. Multichannel electronic payments solutions are provided to support issuers, acquirers, banks, Fintechs, payment service providers, and switches. E-payments infrastructures are developed via dedicated platforms, while eGov integration services are offered to streamline government-related digital processes across relevant markets.
M2M Group offers Electronic Payments Solutions and Biometric ID Solutions.
Yes, M2M Group is publicly traded on CSEMA under the ticker symbol M2M.
M2M Group has made 1 acquisition, including Tracks360.
M2M Group has 1 investor. Key investors include Sierra Wireless.
Yes. M2M Group was acquired by Sierra Wireless in November 2019.