An deal to purchase Urbvan, a mobility platform that offers tech-enabled mobility services in Mexico, has been made public by Swvl Holdings Corp, a global mobility as a service provider. The startup from Egypt will use this acquisition to expand into Mexico, the second most populous nation in Latin America. One of the rare instances…
Swvl, Inc. (“Swvl”), a global provider of transformative tech-enabled mass transit solutions, and Moove, the world’s first mobility fintech, announced today a collaboration to scale Moove’s revenue-based vehicle financing model across the MENAP (Middle East, North Africa, and Pakistan) region and expand vehicle classes to include electric buses. The collaboration comes on the heels of…
Swvl, an Egyptian mobility company, has raised an additional $21.5 million in private investment in public equity (PIPE) as part of its proposed business combination with Queen’s Gambit, ahead of its future Nasdaq listing. Swvl, founded in 2017 by Mostafa Kandil, is a mass-transit system that allows riders heading in the same direction to share…
Eyptian Startup,SWVL expands into Europe, Latin America, and others Swvl, an Egyptian mobility startup, has expanded into Europe, Latin America, and Asia through the acquisition of Shotl, a mass transit SaaS platform Swvl, an Egyptian startup that provides transformative mass transit and shared mobility solutions, has announced a definitive agreement to purchase a controlling interest…