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Swvl Raises $13 Million in Strategic Investment Led by Sawiris-Backed Coefficient

James Musoba
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Swvl Raises $13 Million in Strategic Investment Led by Sawiris-Backed Coefficient

Swvl Holdings Corp. has agreed to raise $13 million from investors led by Coefficient LP, a U.S. investment firm backed by Egypt’s Sawiris family, as the mobility technology company expands into the U.S. market. Coefficient will invest $10 million in the private placement, while an existing Swvl shareholder will contribute...
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