Swvl Holdings Corp

Swvl Holdings has secured a $13 million strategic investment led by Coefficient LP, backed by the Sawiris family, to accelerate its U.S. expansion, launch a lending offering for transport operators, and strengthen its balance sheet. The company entered a definitive agreement for a private placement priced at $1.446 per Class A share under Nasdaq rules, with Coefficient investing $10 million and an existing shareholder contributing $3 million. Coefficient is expected to become Swvl's largest institutional shareholder after closing, and its founder Abdalla Ali will join the board. Proceeds are earmarked for U.S. expansion, a new lending offering for transport operators, and support for Swvl's pipeline of multi-year enterprise and government contracts. The financing follows first-quarter 2026 revenue growth of 68% year over year to $8.2 million, alongside an 88% recurring revenue mix and 114% net dollar retention.