SWVL, a global provider of transformative tech-enabled mass transit solutions, announced a definitive agreement to acquire Zeelo, the UK’s largest smart bus platform and technology scale-up, measured by bookings. In alignment with Swvl’s mission, Zeelo has a commitment to driving the shift from single-occupancy vehicles to zero-emission mass transit and deploying transportation services to connect […]
Swvl, a Dubai-based global provider of transformative tech-enabled mass transit solutions, announced a definitive agreement to acquire door2door, a European high-growth mobility platform providing software for on-demand mobility, multimodal routing and mobility analytics. Founded in 2012 with the mission of making cities smarter, door2door has developed a leading proprietary MaaS software platform that can be […]
Egypt’s digital financial services platform Paynas and Dubai-based ride-sharing company Swvl entered into a partnership for financial services on a revenue-sharing model, according to a press release. Under their agreement, Paynas will issue Visa-powered Paynas cards to Swvl’s registered captains, in collaboration with Banque Misr. Paynas will also give Swvl’s captains access to financial and […]
Middle East-based ride-sharing technology startup Swvl Inc. is nearing a deal to go public via a merger with a special-purpose acquisition company, according to people familiar with the matter. Dubai-based Swvl plans to merge with Queen’s Gambit Growth Capital in a deal that values the company at roughly $1.5 billion, the people said. Swvl was […]
