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moves money Tech In Africa August 28, 2026

Swvl Expands Strategic Funding Round to $14.5M to Accelerate US Growth

Swvl Expands Strategic Funding Round to $14.5M to Accelerate US Growth
AI Summary

Mobility technology company Swvl Holdings Corp. (Nasdaq: SWVL) has announced strategic private placements totaling approximately $14.5 million , providing fresh capital to support its expansion in the United States and strengthen its financial position. The financing initially consisted of a $13 million private placement led by Houston-based investment firm Coefficient LP , which is backed by Egypt’s Sawiris family.

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