HPS, one of the leading global providers of software and payment solutions, is pleased to announce the establishment of its new entity in Sydney, Australia. This expansion marks a significant milestone in its international growth and commitment to delivering cutting-edge solutions to its clients across the Asia Pacific region.

Indeed, HPS's new Australian entity will focus on managing its clients in Australia and New Zealand. It is particularly exciting to announce that one of the largest banks in the country, has recently signed a SaaS contract with HPS, joining the other clients in the region.

This strategic expansion will allow the Group to strengthen its presence in the Australian and Oceanic markets as a whole, while demonstrating its ability to deliver innovative solutions tailored to the specific needs of its clients, considering regulatory constraints in each market.

Australia is renowned for its conducive environment for innovation and flourishing business activities. The country offers a thriving ecosystem for technology companies, supported by world-class infrastructure and a favorable economic outlook. Moreover, Australia boasts a pool of highly skilled talents, enabling HPS to recruit top professionals to support the Group's growth and its ongoing pursuit of innovation.

Abdeslam Alaoui, CEO of HPS, commented, "We are delighted to announce the opening of our new office in Australia as part of the AccelR8 program, a crucial step in our ongoing commitment to expanding our global presence. This expansion reflects our confidence in the potential of the Asia Pacific market and our dedication to serving our clients with excellence in this rapidly growing region."