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

Holouly launches ETEPS platform to manage POS operations
News
Calendar Icon
October 21, 2026
Holouly launches ETEPS platform to manage POS operations
Read More
Sakhi, Lean Technologies to expand access to credit in Saudi Arabia
News
Calendar Icon
October 15, 2026
Sakhi, Lean Technologies to expand access to credit in Saudi Arabia
Read More
NBB partners with TerraPay to power cross-border payments
News
Calendar Icon
October 14, 2026
NBB partners with TerraPay to power cross-border payments
Read More
du Pay, talabat partner to streamline payments for UAE fleet riders
News
Calendar Icon
October 14, 2026
du Pay, talabat partner to streamline payments for UAE fleet riders
Read More
Huru partners with Paymentology to launch Jaywan Card in UAE
News
Calendar Icon
October 12, 2026
Huru partners with Paymentology to launch Jaywan Card in UAE
Read More
LuLu Money Business signs MoU with Mastercard to support UAE SMEs
News
Calendar Icon
October 11, 2026
LuLu Money Business signs MoU with Mastercard to support UAE SMEs
Read More
Numou, Comera Financial Holding partner to expand SME financing in UAE
News
Calendar Icon
October 7, 2026
Numou, Comera Financial Holding partner to expand SME financing in UAE
Read More
Saudi Fintech barq secures initial approval for financing services
News
Calendar Icon
October 1, 2026
Saudi Fintech barq secures initial approval for financing services
Read More
Paymob, UnionPay partner to expand card acceptance across GCC
News
Calendar Icon
September 29, 2026
Paymob, UnionPay partner to expand card acceptance across GCC
Read More
Geidea, MoneyHash join forces to simplify regional payment access
News
Calendar Icon
September 27, 2026
Geidea, MoneyHash join forces to simplify regional payment access
Read More