Egypt’s Swypex closes $4mn seed round

user icon
NOHA.GAD
calender icon
May 7, 2024
article image

Cairo- Sharikat Mubasher: Swypex, an emerging financial management platform based in Egypt, secured $4 million in a seed round led by Accel, with participation from Foundation Ventures, The Raba Partnership, and angel investors, a recent statement revealed.

Following this investment, Swypex launched an all-in-one financial platform to eliminate financial inefficiencies and unlock a business’s full potential.  

Swypex consolidates payments, invoice management, and smart corporate cards on a unified platform, providing a wide range of products that empower businesses to automate financial workflows and make payments with ease.

Ahmad Mokhtar, CEO of Swypex, stated that Swypex was designed to provide Egyptian businesses with the efficiency and growth they deserve.

“By empowering businesses with the most powerful corporate card in Egypt, paired with our all-in-one financial platform, we will help businesses simplify their financial operations and improve their financial health,” Mokhtar added.

Swypex’s unified and intuitive financial platform scales with each business, saving them time and money.


Share

Related News

Badwi: Qsalary offers flexible financial solutions to empower employers, employees
News
Calendar Icon
September 18, 2025
Badwi: Qsalary offers flexible financial solutions to empower employers, employees
Read More
Alinma invests in Qashio to advance corporate spend management in Kingdom
News
Calendar Icon
September 18, 2025
Alinma invests in Qashio to advance corporate spend management in Kingdom
Read More
Wazen Financial partners with Synclane to boost corporate treasury management
News
Calendar Icon
September 18, 2025
Wazen Financial partners with Synclane to boost corporate treasury management
Read More
Tap Payments expands to 9 countries, eyes global partnerships
News
Calendar Icon
September 18, 2025
Tap Payments expands to 9 countries, eyes global partnerships
Read More
Aldin: HyperPay aims to streamline digital payments across MENA
News
Calendar Icon
September 18, 2025
Aldin: HyperPay aims to streamline digital payments across MENA
Read More
JEEL launches JEEL Sandbox to foster Saudi fintech startups
News
Calendar Icon
September 17, 2025
JEEL launches JEEL Sandbox to foster Saudi fintech startups
Read More
Drahim unveils B2B investment platform to support corporate growth
News
Calendar Icon
September 17, 2025
Drahim unveils B2B investment platform to support corporate growth
Read More
Tarmeez Capital to launch new products at Money20/20 Riyadh
News
Calendar Icon
September 16, 2025
Tarmeez Capital to launch new products at Money20/20 Riyadh
Read More
Altehani: Sukuk Capital hits SAR 8 bn in total financing since inception
News
Calendar Icon
September 16, 2025
Altehani: Sukuk Capital hits SAR 8 bn in total financing since inception
Read More
SAMA approves Vision Bank to launch digital services
News
Calendar Icon
September 15, 2025
SAMA approves Vision Bank to launch digital services
Read More