Swvl signs first SaaS contract in UK

Swvl (SWVL) Holdings announced it has signed its first Software-as-a-Service, SaaS, contract in the United Kingdom. The agreement marks Swvl’s entry into the European market and represents a significant step in the Company’s ongoing global SaaS rollout. Mostafa Kandil, CEO of Swvl, commented: “In our view, this is more than just a contract, it is a validation of our platform’s global relevance. We believe that signing our first SaaS contract in the UK affirms the scalability of Swvl’s technology and our ability to serve clients anywhere in the world. Europe represents a strategic growth corridor for us, and we believe that this milestone marks the beginning of a new chapter in Swvl’s expansion story.”