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Swvl Holdings Signs First Software-As-A-Service Contract In United Kingdom

Benzinga·06/03/2025 11:05:55
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Swvl launches SaaS offering in the United Kingdom, securing its first enterprise contract and signaling the Company's strategic expansion into Europe

This milestone establishes Swvl's software platform as a globally exportable solution for mobility digitization and workforce mobility

The new contract supports Swvl's strategy of expanding its footprint across high-revenue and margin growth markets

DUBAI, United Arab Emirates, June 03, 2025 (GLOBE NEWSWIRE) -- Swvl Holdings Corp ("Swvl" or the "Company") (NASDAQ:SWVL), a leading global provider of technology-enabled mobility solutions for enterprises and governments, today announced it has signed its first Software-as-a-Service (SaaS) contract in the United Kingdom (UK). The agreement marks Swvl's entry into the European market and represents a significant step in the Company's ongoing global SaaS rollout.

This UK-based contract introduces Swvl's proprietary mobility management platform to a new market, enabling enterprise clients to digitize operations, monitor fleets in real-time, and optimize route planning. We believe this reflects growing demand for technology-first mobility solutions in mature transport markets and demonstrates the adaptability of Swvl's platform to regulatory and operational requirements across markets.