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Swvl raises $13M in a strategic funding round led by Coefficient LP to support its expansion into the U.S. market and launch a new lending product.
PUBLIC · SWVLAug 27, 2026•about 3 hours ago
Amount Raised
$13 Million
Round Type
Venture - Series Unknown
DubaiTransportationTravel And Tourism
Investors
Existing Swvl ShareholderCoefficient Lp
Description
Swvl has secured $13 million in a strategic investment round aimed at expanding into the U.S. market and launching a new lending product for transport operators. The round was led by Coefficient LP, contributing $10 million, with an additional $3 million from an existing shareholder. Swvl plans to use the capital to accelerate operations and enhance its balance sheet for enterprise contracts.
Company Information
Company
Swvl
Location
Dubai, Dubai Emirate, United Arab Emirates
About
Swvl is a global provider of transformative tech-enabled mass transit solutions that enhance mass transit safety, reliability, and convenience in some of the world’s most challenging and complex emerging markets. Swvl is uniquely positioned to capitalize on the $1tn global mass transit market opportunity with daily commuting, inter-city travel, TaaS, and SaaS transportation solutions. Swvl currently operates in 115 cities in 18 countries across Latin America, Europe, Africa, and Asia. The differentiated proprietary technology stack features dynamic routing of high capacity vehicles allowing unprecedented vehicle utilization and earnings levels for drivers and massively reduced walk to station distances and prices for riders.
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DubaiTransportationTravel And Tourism