12/04/2026
Wafacash and Money Fellows reshape Daret
Wafacash and Money Fellows have signed a strategic partnership at GITEX Africa in Marrakech aimed at digitising Daret, the traditional savings circle widely used in Morocco, in a move both companies say could widen access to formal financial tools while preserving a long-standing social practice. The agreement marks Money Fellows? formal push into Morocco and places Wafacash, a subsidiary of Attijariwafa Bank Group, at the centre of another financial-inclusion initiative built around everyday cash and payment habits. Daret, like other rotating savings and credit associations used across Africa and the Middle East, relies on groups of participants making regular...
