Swvl
Growth Score40DXBi Rank31Heat Score100Swvl Holdings Corp
Technology-enabled mass mobility solutions for enterprises and governments
Media
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Swvl Expands its Service into Saudi Arabia's Banking Sector with Bank Albilad
Swvl Announces Q1 2026 Results; Revenue Up 68%, GCC Revenue Up 111%
Swvl Announces FY 2025 Results; Revenue Up 41% to $24.2 million, Net Income of $1.3 million
Swvl Regains Compliance with Nasdaq Continued Listing Requirements
New multi-year Saudi Arabia healthcare mobility contract worth up to $1.5M
Swvl Secures Up to $1.5 Million Multi-Year Healthcare Mobility Contract in Saudi Arabia
New 5-year UAE contract worth up to $5.5M
Swvl Secures a New Five-Year Contract of Up To $5.5 Million in the UAE
Swvl Launches Operations in Kuwait, Securing a $2.2 Million Contract
Kuwait market launch with $2.2M contract
Swvl Secures New $4.2 Million in Egyptian Contracts as Questions Surround Financial Stability
5-year contract with e& Egypt (Etisalat)
Business combination with Queen's Gambit Growth Capital (Nasdaq listing)
Overview
Growth Score
Steady
Heat Score
Trending up
Details
- Operating Status
- Active
- Company Type
- Public (Nasdaq-listed)
- Funding Stage
- Public
- Headquarters
- Dubai, United Arab Emirates (One Central district)
- Founded
- 2017
- Company Size
- 51-200 employees
- Revenue
- $10M-$50M (FY2025 reported revenue $24.2M)
- Website
- swvl.com
Stock listing
Nasdaq: SWVL
Products & Services
Swvl Platform
All-in-one integrated mobility platform underpinning Swvl's MaaS/SaaS offerings for enterprise, government and school transit customers.
Admin Dashboard
Back-office tool giving operators visibility and reporting across their transit deployments.
Customer App
Rider-facing app for booking, tracking and paying for shuttle/bus trips.
Partner Portal
Portal for transport vendor partners covering fleet management and scheduling insights.
Captain App
Driver-facing app for trip management and real-time fleet tracking.
People
Technology
No technology or web presence data on file yet.
Financials
Public
Funding stage
Nasdaq: SWVL
Stock
Funding rounds
Projects
New multi-year Saudi Arabia healthcare mobility contract worth up to $1.5M
Swvl secured a new multi-year contract worth up to $1.5 million in Saudi Arabia, expanding its healthcare mobility footprint across the GCC.
$2M
Feb 9, 2026
Acquisition of door2door
Swvl acquired German mobility-software startup door2door to expand its MaaS/SaaS demand-prediction and mass-transit capabilities into Central Europe.
Mar 1, 2022
Controlling stakes in Shotl and Viapool
Swvl acquired controlling interests in Spain-based on-demand shuttle platform Shotl and Latin America-focused Viapool, launching Swvl's platform in Europe and Argentina/Chile respectively.
Mar 1, 2022
Acquisition of Volt Lines
Swvl acquired Turkish B2B mass-transit and TaaS startup Volt Lines (founded 2018) in a primarily stock deal valued around $40 million, adding ~$4.3M in annualized sales and a client base including ICBC, Mondelez and Pirelli; founder Ali Halabi continued to lead the business.
$40M
Apr 25, 2022
5-year contract with e& Egypt (Etisalat)
Swvl signed a 5-year mobility services contract with Egyptian telecom giant e& Egypt worth up to $6.3 million.
$6M
Jul 9, 2024
Kuwait market launch with $2.2M contract
Swvl launched operations in Kuwait as part of its GCC expansion, secured by a multi-year enterprise contract worth up to $2.2 million.
$2M
Jan 27, 2026
New 5-year UAE contract worth up to $5.5M
Swvl secured a new 5-year contract worth up to $5.5 million in the UAE, its fastest-growing market, following approximately 5x growth in 2025.
$6M
Feb 2, 2026
Business combination with Queen's Gambit Growth Capital (Nasdaq listing)
Swvl completed its merger with Queen's Gambit Growth Capital SPAC on March 31, 2022, valuing the combined company at ~$1.5 billion and listing it on Nasdaq under ticker SWVL, with $405M in fresh capital raised (before ~$40M in fees).
$1.5B
Jul 28, 2021
Swvl Launches Operations in Kuwait, Securing a $2.2 Million Contract
Swvl entered the Kuwaiti market via a new multi-year enterprise mobility contract worth up to $2.2 million, part of its wider GCC expansion strategy.
$2M
Jan 27, 2026
Swvl Secures Up to $1.5 Million Multi-Year Healthcare Mobility Contract in Saudi Arabia
Swvl signed a three-year, up-to-$1.5 million contract with a Saudi healthcare entity to provide patient, medical staff and equipment transportation across healthcare facilities, following the Kuwait and UAE contract wins.
$2M
Feb 9, 2026
Swvl Expands into Saudi Arabia's Banking Sector with Bank Albilad
Swvl partnered with Bank Albilad to provide technology-enabled shuttle services (dynamic route planning, real-time dispatching) across the bank's workforce mobility network, marking Swvl's entry into the KSA financial services vertical.
Jul 7, 2026
Swvl and Bank AlJazira Mark Over 100,000 Bookings Milestone in Saudi Arabia
Swvl's employee-transportation partnership with Bank AlJazira surpassed 100,000 bookings during 2025, cited as evidence of the partnership's impact on sustainable workforce mobility in Saudi Arabia.
Nov 26, 2025
Swvl Completes Business Combination with Queen's Gambit Growth Capital
Swvl completed its previously announced business combination with the female-led SPAC Queen's Gambit Growth Capital, becoming a Nasdaq-listed company (ticker SWVL) at an implied valuation of approximately $1.5 billion.
$1.5B
Mar 31, 2022
Swvl Secures New Five-Year Contract of Up to $5.5 Million in the UAE
Swvl signed a new five-year enterprise mobility contract worth up to $5.5 million with an unnamed UAE customer spanning logistics, manufacturing, education and large corporate campuses. Swvl described the UAE as its fastest-growing market, citing ~5x growth in December 2025 versus January 2025. CEO Mostafa Kandil and CFO Ahmed Misbah both gave quotes.
$6M
Feb 2, 2026
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Official Channels
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