Discover the latest news and updates from Swvl. Gain insights into our recent partnerships, market expansions, and key developments driving the company’s growth and evolution.
Swvl has secured its first working capital facility in the UAE through a new partnership with Zelo, providing dedicated liquidity to launch and scale enterprise accounts in our pipeline.
Swvl Holdings Corp (Nasdaq: SWVL) entered into a definitive agreement with Sofico Holdings Limited for a $1.5 million private placement of ordinary shares priced at $1.46 per share.
Swvl Announces $13 Million Strategic Investment Round Priced At-The-Market Under Nasdaq Rules led by the Sawiris Family and Coefficient LP to Anchor Its Next Phase of Growth and U.S. Expansion
Swvl Holdings Corp (Nasdaq: SWVL) signed a new contract with Bank Albilad, one of Saudi Arabia's leading banks, expanding its services into the Kingdom's banking and financial services sector.
Revenue surged 68% year-over-year to $8.2M in Q1 2026 (up from $4.9M in Q1 2025), driven by a 111% expansion in the GCC region ($3.6M) and 45% growth in Egypt ($4.6M).
Swvl has officially met Nasdaq’s financial requirements again, achieving the minimum equity and net income thresholds based on its FY 2025 results.
This resolves prior compliance issues and secures the company’s continued listing, signaling improved financial stability.
Swvl delivered a strong turnaround in FY 2025, with revenue up 41% to $24.2M and net income reaching $1.3M, driven by enterprise growth and cost discipline.
The company significantly improved profitability and efficiency, with operating losses down 94%, recurring revenue at 84%, and a solid $38.2M backlog heading into 2026.
Swvl secured a 3-year healthcare mobility contract in Saudi Arabia valued at up to $1.5M, marking a key step in our GCC expansion.
Through our technology platform, we’re enhancing how patients, medical staff, and equipment move—delivering smarter, more reliable transportation for critical operations.
The agreement supports the company’s strategy to expand long-term enterprise partnerships and deliver technology-driven mobility solutions across large-scale operations.
Swvl announced the launch of its operations in Kuwait, secured by a $2.2 million multi-year enterprise contract, marking a key step in its GCC expansion strategy. The move strengthens Swvl’s focus on high-margin, long-term corporate mobility partnerships across the region.
