Swvl Secures Its First Working Capital Facility in the UAE with Zelo to Accelerate Growth in Its Fastest-Growing Market
Swvl has secured its first working capital facility in the UAE with Zelo, providing dedicated liquidity to launch and scale new enterprise accounts in its pipeline. The facility is aimed at accelerating growth in the UAE, which the company describes as its fastest-growing market.
Why it matters — This gives Swvl dedicated liquidity to fund expansion of its enterprise business in its fastest-growing market, a key step for its regional growth strategy.