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Swvl Signs Its First SaaS Contract in the UK, Marking Entry into the European Market
Globenewswireยท 2025-06-03 11:00
Core Insights - Swvl has launched its first Software-as-a-Service (SaaS) offering in the United Kingdom, marking a strategic expansion into the European market [1][4] - The new contract is a significant step in Swvl's global SaaS rollout and establishes its software platform as a globally exportable solution for mobility digitization [1][2] Group 1 - The UK contract introduces Swvl's proprietary mobility management platform, allowing enterprise clients to digitize operations, monitor fleets in real-time, and optimize route planning [2][3] - This rollout aims to address major pain points faced by corporations, warehouses, universities, and schools regarding fragmented and inefficient commute operations [3] - Swvl's SaaS platform includes a Rider App, Driver App, and Client Portal, providing a comprehensive toolkit for organizations to transition to data-driven and cost-effective commute operations [3] Group 2 - CEO Mostafa Kandil emphasized that the contract validates the global relevance of Swvl's platform and affirms the scalability of its technology [4] - The company views Europe as a strategic growth corridor, and this milestone is seen as the beginning of a new chapter in Swvl's expansion story [4]