Financing ·
Swvl Holdings Corp announced a $13 million strategic investment round priced at-the-market under Nasdaq rules, led by…
SWVLWSwvl Holdings Corp
Swvl Holdings Corp announced a $13 million strategic investment round priced at-the-market under Nasdaq rules, led by U.S. firm Coefficient LP and anchored by the Sawiris Family. Coefficient invested $10 million to acquire 8,990,317 Class A shares at $1.446 per share, becoming the company's largest institutional shareholder upon closing on August 27, 2026. Abdalla Ali, Founder and Managing Partner of Coefficient, will join Swvl’s Board of Directors. The remaining $3 million was invested by an existing shareholder deepening its position. Proceeds will fund U.S. expansion, a new lending offering for transport operators, and balance sheet strengthening. This follows Q1 2026 revenue growth of 68% year-over-year to $8.2 million. Swvl Holdings Corp operates in the technology-driven mobility solutions industry, providing transportation platforms for enterprises and governments.