Latest in Tag: Swvl Highlight
Latest in Tag: Swvl

Swvl provides bus advertising services nationwide
This comes within the framework of Swvl’s tendency to expand the range of services it provides in the Egyptian market, and to provide an opportunity to increase the monthly income of drivers, in addition to the importance of this service in supporting the mobile advertising market in Egypt.

Swvl suspends its transportation services in Alexandria
The source added that the company intends to resume the service again in Alexandria, but only at peak hours, or when there is high demand. This ensures the company achieves economic efficiency from the service provided in Alexandria.

Trading on Swvl Holdings begins at $10 per share
The company will offer its shares on the Nasdaq through a merger with the American company Queens Gambit Growth Capital with the purpose of acquisition.

Swvl to debut on Nasdaq after obtaining approval of Queen’s Gambit shareholders
Swvl, a company specialized in providing mass transportation solutions, said that its shares will be listed on the American Nasdaq Stock Exchange on 31 March provided that the listing obtains the approval of the shareholders of Queens Gambit Growth Capital of America, at their meeting scheduled for 30 March.

Nasser Social Bank finances Swvl’s 14-passenger vehicles operating in Egypt
Swvl seeks to forge partnerships with more banks in Egypt: Swvl official

Swvl plans further expansions after Nasdaq listing
This comes after the transformative mass transit and shared mobility solutions company has announced entering into a definitive agreement for a business combination with Queen’s Gambit Growth Capital. This would result in Swvl becoming a publicly listed company. Upon completion of the proposed transaction, the combined public company will be named Swvl Holdings Corp and is expected to be listed on NASDAQ under the ticker symbol “SWVL”.

Swvl reveals security breach, but bank details safe
Security breach resolved in a matter of hours, with users being asked to sign back in for security purposes

Digital Planets agrees with Swvl to secure customer data
This cooperation comes supported by the latest security systems and solutions provided by the English company Sophos, provided by Digital Planets. The cooperation also includes the provision of Call Centre services in cooperation with 3CX, which Digital Planets is an agent for in Egypt.

Egyptian bus-booking startup Swvl raises $42m in African expansion bid
Swvl, the Cairo based bus-booking app has raised $42m, on Thursday, in a bid to expand further into other parts of Africa, which would most probably include Nigeria

Ford, Swvl sign MoU to supply Ford Transit vans for its transport lines
The Memorandum of Understanding (MoU) focuses on cooperation in providing safe, convenient, and reliable transport solutions for passengers travelling between major Egyptian cities.

Egypt-based Swvl raises $8m in series A funding
Swvl, the Egyptian app-based mass transit application, announced an $8m series A that was led by regional venture fund BECO Capital, Africa-based investor DiGAME, and venture capital (VC) firm Silicon Badia. Other VC firms, Raed Ventures, Arzan VC, and Oman Technology Fund, and the chairperson of EDventure Holdings, Esther Dyson, also participated in the round. …