Swvl Shares Surge 34% Following $14.5 Million Raise Backing U.S. Growth

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

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 […] The post Swvl Expands Strategic Funding Rou…

Egypt-Born Swvl Raises USD 13 M To Expand US Mobility Operations

Egypt-born mobility technology company Swvl has agreed to raise USD 13 M in a private placement led by US investment firm Coefficient, which is investing USD 10 M and will become Swvl’s largest institutional shareholder. An existing shareholder is contributing a further USD 3 M. Founded in Cairo back in 2017 by Mostafa Kandil as a bus-hailing startup and now headquartered in Dubai, UAE, Swvl currently provides technology-driven transportation so…

Swvl Shares Surge 34% Following $14.5 Million Raise Backing U.S. Growth

DUBAI, August 28, 2026, 13:24 (EDT) Swvl stock climbed 34.4% to $2.9699 as of 13:03 EDT.The strategic round, totaling $14.5 million, brings in approximately 10.02 million additional shares.The number of new shares is approximately the same as Swvl's pre-deal total of 9.96 million shares. Swvl Holdings (NASDAQ: SWVL) surged 34.4% on Friday after investors welcomed…